### Comment:
What caused every sector of the S&amp;P 500 to become correlated is another way to ask that question. It’s a sell off. People freak out, sell their positions. ETF’s help to compound correlations. People see a market sell off, sell their etf’s and pulls down the entire market 
  


### REPLY:
Thanks for the DD, tomorrow morning I'll be all in on BAC calls

### END.