Market Whackage Open Thread !

US markets took a minor shellacking today, down pretty substantially across the boards.

It appeared that today was a 90/10 day, with the overwhelming run of trading to the downside (I have not verified this).

The VIX popped 2.38 points — leaping 11.78%; the Put/Call Ratio also spiked, rising +21.52%. A-D Line and Highs-Lows were similarly negative.

So — is this merely a healthy pullback in a market that ram 18% without so much as a 2% dip, or is this the start of something more ominous?


What say ye?

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