You missed the point. The knock on effects are already here and spiraling every minute of every day. It's as if everyone who missed the bubble blow off from October can't wait to pile in long on every down day, then they just become the next round of margin calls a day or two later.
Padu your wish fullness is amazing, do not confused what you want and what will actually happen. Another limit down. I do not think we had 2 limit downs during the same week even in 2008.
Some poor mug is trying to dump 7,097 ES lots at the open with less than 100 lots on the buy side. Liquidity has been paper thin, putting on Ozzy's crazy train for the opening soundtrack.