They're making up all kinds of stupid bogus excuses in cnn money, BUT THE REAL REASON IS THE PENDING CHINA DEFAULT NEXT FRIDAY!
Wouldn't be surprised if it loses 1000 points by Monday, provided they don't shut it down. But if thye DO shut it down, it's gonna spur a sellers panic, so hey!
There's also rumour of China buying the federal reserve. GOOGLE IT!
THIS IS THE YEAR!!!!!!!!!!!!!!
No, we are NOT gonna wake up to paradise. No, there will b no rapture. Well, death is rapture; but that's beside the point. WE ARE GONNA KILL A WHOLE BUNCH OF EACH OTHER OFF, DESTROY LOTS OF CITIES AND STUFF, AND AFTER IT'S OVER YOU WILL REBUILD, 'CAUSE I AIN'T GONNA BE HERE!