Massive capitulaiton in the market today as it saw intraday lows close to 1000 points to the downside on the DJIA. Conveinantly 1.5 points away from shutting down trading for the day. That is before the FOMC or Plunge Protection Team stepped in to stop the selling.

CNBS printed a laughable story that attributed the sell off to "erroneous trades". One in particular where a Citi trader mistakenly placed an order for Proctor & Gamble stock and mistakenly typed in a "b" for billion instead of a "m" for million for unit volume "I'll take two thousand three hundred and forty seven shares please"

I guess fat fingers can trigger a total market collapse. That or a cat running across the keyboard. I had a trader tell me today that he examined the 1 second data and the DOW drop preceeded the P&G drop, not the other way around. It's likely heavy manipulaiton is a foot.

Curb the fear, hype the recovery, nothing to see here folks.

The sovereign debt crisis is only in it's infancy starting with Greece. Many other countries to follow. Gold acting like money instead of a commodity. Moment of silence for the death of the Euro.

The market will look rosy again once the hedge scum are done shorting and decide to take a long position.

US debt to GDP in the same range as Greece.

Is the market even real anymore???