I was kind of hoping I was wrong. But I wasn't

[peternap]

Stocks tumble as euro drops, jobless claims rise

http://finance.yahoo.com/news/Stocks-tumble-as-euro-drops-apf-2425241358.html?x=0&sec=topStories&pos=main&asset=&ccode=
Down about 270 right now.

[muldoon]

likewise, I have been calling for a were doomed, there doomed worse for many months here.  Many have debated the premise, but the facts are what they are.  Todays actions have nothing to do with job reports and everything to do with global credit markets.  Dont look now but the nikkei is down over 3%, bad sushi? 

I closed my last positions today, going to be flat going into opex tomorrow.  did you see oil?  under 65, down 5 points in a cliff dive. Tell me thats not liquidation.