Thought I'd take the market movements out of the Greece thread.

Something unprecedented happened today, with a huge plunge downward. I turned on the tv to see what was going on, and the "analysts" are discussing if it was a technical error driven by P & G, or some massive sell-offs triggered by a computer algorithm, related to downgrades and contagions in the bond and currency markets and those PIIGS.

We've known the market was way high and wacky irrational, for a time of 10% unemployment and government stimulus. Some say the 70% gain in one year was just asking to be plunged and corrected. Some say there's no way now to trust "valuations" or even trends.

And yeah, Cain---this shit matters.