[Dpeck100]

If there was going to be a serious hit it would be now.

When a company releases bad news the stock gaps down. It is doesn't trade down it literally gaps lower. There are times mid session where stocks accelerate lower but that is just an intisifying of the carnage.

When there were cracks in the market in 2008 auction driven products had failed auctions because of lack of buyers and clearly as the news flow is horrible right now buyers weren't absent.

Right or wrong my view point on markets is driven from a purely economic mindset and I understand the emotional view but one must try and look at the bigger picture and this game is far from over.