Because of the media doom and gloom. People should be buying up insurance expecting the big 20% drop in june. Marc Faber is making the rounds.
This is a correction and weak hand shakeout. AAPL is up and IBM is just 60 cents off. Watch those two only. They will tell you if it is a crash or a correction.
you're calling a slight pullback a crash where were you in 1987 or 1997 or 2008..... next crash is due in 2017-2018 and 2027-2028