NDX made it - SPX not yet due to financials / insurance

Another sector crashing for 2 weeks already pulled the DOW and SPX down in the final hour - insurance. On the left hand, Metlife was one of the stocks to drop around 20% today. During the bailout negotiations, one Senator, if I recall correctly, said during an interview that he had heard that a top insurance was at the brink of bankruptcy - since then they crash. For Metlife, it's far from over. We are in wave 3 down with an ugly break away gap today. That sector has some trouble in the pipeline, as the charts tell. The NDX made it to neutral close which is good - the SPX and DOW dropped to new lows but the basic scenario is still in for a temporary low. Tomorrow is Yom Kippur, so part of the selloff might have come from squaring positions since much volume will be gone for this week and volume was very good today. The VIX did not make the 13 yet and the capitulation is still rolling with the SPX below daily Bollinger for a third day in a row. The levels are still holding so far we have to see how tomorrow turns out.