The Sky is Falling

I've seen lots of frothiness over the decades to both sides. Watching the S&P the last few weeks, the downward move feels quite orderly to me. Obviously - uncertainty over Ukraine and how much we get from the Fed over the next year is weighing...but it seems like a lack of buying as opposed to motivated selling. And maybe some rotation, but very orderly.
 
Could be considered orderly I suppose (?) but the PA is definitively impulsive and no doubt about downside momentum.

And when a market is leaning one way it doesn't take a whole lot to get it break. Stops are hit ... which causes more stops to be hit. Rinse repeat.
 
20% of the NASDAQ 100 is down 60% or more. Is that a sign of a healthy market?
More...

Pffffft. 60% and 80% draw-downs are nothing. Just use your options-repair toolkit to do a stock-repair strat. See? Simple, you'll be fixed up in a jiffy. Worse comes to worse, just tell yourself that we are in 'Deep Value Territory'. Earnings don't really matter in the new paradigm!

By the way, I know what you're thinking, but this time it's different.
 
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