2/2/2018 Friday was an interesting day. Dow down 665.6 with every stock in the Dow down. Some of the observable features were 1. This was an orderly decline. 2. While volume for most stocks was higher, volume was not abnormally high. Decline was led by the Chevron and Exxon. Both down on earnings. Most articles also tried to tie the interest rate increase to the decline. I do not know that much about interest rates/bonds but 2.4% or 2.5% - I really do not care. Unless interest rates are like 10% they are not an alternative to stocks. I know Tim Geithner from high school. We both went to ISB. He told me one time – “This is the big secret. Stocks are marked to market and stocks are not a zero sum game. When we want to pump here is where we do it.” The biggie – who was selling and who was buying? Please support this answer with price/volume/time data I do not have or watch the tick data like many on this forum do. Did anyone notice anything abnormal? FYI – With the exception of margin calls I am calling Monday an up date.