Wrote this on Friday

 Peter Schiff even  expresses some fear that what may come Monday is eerily reminiscent of Black Monday back in 1987. 

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Today is Monday and exactly as predicted there was a hugh sell off on the stock exchange.

Down 600 points at the time of this typing...

This is ugly, but it is panic selling.

The market is self correcting.

After the smoke clears and we settle back down to the bottom of this thing, people will begin to bottom feed and get back on board for the long term.

The key word here is "Don't Panic."

Don't sell your stocks, hang in there...