Market is broken

Let me clarify my outrageous statement. I believe the evil is intervention. Let it limit down 2 DAYS IN A ROW without exit. That will reward those with the cajones to pony up to the bar.
 
Quote from NY_HOOD:

this market is extremely dangerous. when the market can turn on a dime and drop 200 points in minutes its time to sit on your hands. when we see this kind of insane volitility,that shows me the market is scared and its going down further. this is'nt your garden variety pull back.
quite frankly,i don't think the market buys the sustainability of this economic recent economic data.
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I know. I can appreciate Lescor's performance, and I'm sure some guys just lit it up yesterday. But Jesus. The way I saw it at the time, there was a good chance we got halted, and gapped down hard today. I wasn't going to take the chance.
 
Quote from NY_HOOD:

this market is extremely dangerous. when the market can turn on a dime and drop 200 points in minutes its time to sit on your hands. when we see this kind of insane volitility,that shows me the market is scared and its going down further. this is'nt your garden variety pull back.
quite frankly,i don't think the market buys the sustainability of this economic recent economic data.
More...

+1
 
Quote from dividend:

The market cannot handle large sell orders. This is crazy. I have never seen anything like what has happened in the past few days.
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Wall Street hoodlums need a crash to re-load. This story gets repeated over and over. Know your adversary.
 
Since March '09 low, S&P500 has retraced back to .618 Fib retracement level @1,200 points. A sort of crash like Thursday's was inevitable.

Of course, the significance of the recent crash is that there are no buyers left. Most investors are near 100% deployed in the market.
 
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