"Therefore, expect the sell off to extend across the board to everything."

Ummm ... is there a timetable for the start of this apocalypse? I believe Mr. Bernanke is now enjoying a post-speech meal, gold is up, treasuries are up, dollar futures up, ag futures mixed to up, DOW up ... just curious.

Note: This is why I NEVER predict any swings to the upside or downside, based on an event like Jackson Hole. The earlier selloff/ asset allocation shifts (a saner correction, I believe I said), took care of the initial over reaction/expectation. And...nothing in these markets is ever "across the board." {;>)