Why is the market selling off

I was feeling hungry and with the profit I can buy a pizza

Stop at 42.85 would have been touched anyway

I only sensed the smell of pizza in the air

 

Go the the NYSE site and search on curbs. Personally, I think they really do work. As Nick pointed out with his own $s today -- and I have seen a number of times myself -- when they kick in the selling ends and some buying begins. It's not a cure all but it does prevent a viscious cycle from escalating. As to how often they get used, just look for historical days with large ranges.

 

Pedantic time frame arguement.

 

I didn't use those curbs , just have the S&P cash and futures
in front of me, only price

 

Then you were one lucky guy to call the bottom like that.

 

the range for the day was already more than 20 points and
some other reasons......

 

Markets are going down to 1220 easy.

 

Yes, certainly.
Start working on it. Don't expect to get any result within the first 10 years.

 

we are nearing "the perfect storm".

rising interest rates
poorly run government
Weakning dollar
Inflation concerns
Expensive energy
Bubble markets in real estate and commodities, and several stocks.

and the list just keeps on growing.

I think the market has discounted any decent IRAQ news a long time ago. It is already seen as a collosal failure. I think even catching bin laden would be a minor blip. There is almost no way to make that a winning situation.

i simply do see any stimulous that could possible continue the bull market...

 

Well you have not seen my savings account, I can save the market, have faith.