"The crescendo sell-off is often preceded by intensified and universal awareness of economic strife." ... "The Greek believes the global consciousness, driven by the force of major media and Internet penetration, plays a role. So, as things get bad for Wall Street, and investors and media start to notice capital destruction, the viewpoint that "things are getting bad" pervades the global consciousness. We all become aware of it. Eventually, it pervades so deeply into the common man's thoughts, that it intensifies stock market sensitivity to bad news. I believe this is the reason for crescendo sell-off." Just look at the Dow Transports Index. Look at anything. Unmitigated, painful, relentless selling. I've seen bigger corrections, but this is just painful. All 'crescendo-like.'