Me? Ha! That's only a 300 point drop from current price. I've eaten drops like that for breakfast! See you on the other side at 4400! So there!
You missed my point. Option expiry impact was in full evidence on Friday and today. It is a rare month when stocks don't drop between roughly 10 am and 3 pm on these days. There is almost always a rebound either after 3 pm Friday ( sometimes as late as 3:50 pm ), on the open Monday, or both. It's actually something you can trade. Myself, I try not to overdo the short term trades but if I am planning on selling stuff, I do so Thursday late day and possibly very early Friday. I look for oversold conditions Friday afternoon. This month was kind of flat I just made one move ( sold Gold miner EQX added shares to two of my energy positions ATH and ARX; so far that switch looks good but TSX doesn't open until tomorrow ). I still like EQX but it's behaving erratically short term, and I wanted to increase my energy weightings.