In May, Vitus opined that in the next several months the S&P could easily drop 200 points from it's then 1330 points due to all the macroeconomic daemons on the loose.
We are now at 1193, down 8 from yesterday. 60 points to go.
Update. Now up 7. But... Ritholtz says "a 15-25% correction is now increasingly likely."