Black Friday probably won't do this justice.

The day after thanksgiving will never be the same.

The only stock that is up in the entire world is Simmons Beautyrest as everyone is frantically shoving money under the mattress.

We're only down 400 on the dow, but don't be surprised to see a crazy thing or two today with the .VIX at 90.

5.5's are at 99-23, 20 ticks down on the day.

Stay tuned. If you didn't lock yet, well, we don't know what to tell you. If you have overnight price protection, not a bad idea to use it if you haven't been spanked with rates yet.

As of now, it looks like the 8200-8300 window is presenting some resistance in the dow. But MBS are on the risk wagon, so don't expect them to flourish with tanking stocks. This ain't the market it used to be folks. Risk is out of fashion. We could do with a good headline or two today.