!!!I'm scared!!! (chart of a day)

Quote from sirgiyan:

I would REALLY appreciate if someone would care to calm me down.
Please have a look and tell me we are not doomed

what happened in late march to cause this drop off?
 
I think people are afraid GM will be the next shoe to drop. Big money isn't going to come in untill the big three are delt with.
 
Quote from sirgiyan:

I thought this chart deserves explanation. My take is that this is the last nail in the coffin of this rally. Also this explains big swings and gaps we had lately...
Anything else someone might wish to add?
"You cannot escape the responsibility of tomorrow by evading it today." -- Abraham Lincoln

What I really want to know is how the friggin' hell did we come this far? Was the recent 25%+ rally warranted? It's always the same shit, different story. Running from one extreme to another, just like chasing one bubble to another, we remain a bunch of swine that are driven by irrational exuberance and a shitload of fear and loathing.
 
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