The Peter Shifchow.

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Well we had a pretty big reversal Tuesday today, especially in the beaten down NASDAQ,

which on yesterday's close was down 11% from its recent high.

That put the index into official correction territory, not quite a bear market, which

is down 20% correction defined as being down 10% or more.

And we just made it at down 11%.

But today the NASDAQ finished up about 3.7% a bit of a sell-off into the close, not

really that noticeable.

But at one point I think we were up better than 5%.

Some real crazy moves today, especially in some of the real high flyers that had gotten

taken to the cleaners like Tesla.

Tesla when it closed yesterday was down about 38% I think from its high.

And down about 35% in the one month because yesterday was the one month anniversary of

Elon Musk's announcement that he had used Tesla funds shareholder money to put 1.5 billion

into Bitcoin.

And so one month ago yesterday and Tesla shares were down 35% since that announcement.

Now of course Bitcoin itself had gotten the other direction.

It was up almost exactly 35% since the announcement.

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