Black Monday after Flash Crash Easter

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You do realize that this was an event that took place on a closed market day prior to a major worldwide holiday weekend? Of course you do...
 
Quote from trefoil:

Earnings season is coming. Once that gets underway, no one will remember this miss.

do you mean earning misses will be so huge that 20 point drop will appear small?
 
Quote from blowingup2012:

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Globex closed at 8:15 Friday.

This was not caused by unemployment but by sheer panic before the 8:30 release.

When it opens monday this dip will go back up.
 
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