Ugly Situation

The market is sinking quick this morning. It's becoming apparent that the 700 level in the S&P is no longer support but is becoming resistance. Yesterday seems to have been a flash in the pan, and I will be existing my IYR calls and MET calls (the riskiest of my calls) asap, if we cannot stay above 692.30 of 2 days ago....Serves me right for becoming bullish during the greatest bear market since the great depression.