it might be similar to the nikkei post implosion and the 1965-80 range bound market. ultimately all the analysis doesnt mean much. just have to be quick and stay in the direction of the price. Lot of algorithmic trading is getting sell signals currently. There is some more downside pressure to the usd/yen, nikkei, asian markets, european markets. this type of trauma can really lead to risk aversion, and people seak the safety of cash above anything else. The trades that are being unwound have the common theme of risk aversion at any cost.