http://www.zerohedge.com/article/yastrow-%E2%80%9Cwe-are-verge-great-great-depression%E2%80%9D
OK. Let's all calm down now. This market is ready to take a hooter off the deep end...
Last Friday we were up against the down trend line for the fifth time in a month.
Yesterday we broke through that trend line and were left with an LML -- a dip lower in the FRO that signals price going lower than 1300. 
Today we had an upthrust overnight that sucked in the buyers -- only to hit them with selling pressure. Stop loss orders were hit on the way down forcing all the longs to cover by selling. Thus the multiple bouts of selling. It was a one-way day. 
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