I was here, and noticed a huge “mood swing” after 12:00. Maybe Trump said something? I don’t know. But you’re right, something doesn’t smell right. In fact everything doesn’t smell right after Sept Oct, Brexit and then Trump election.
Some people say its machines and hedge funds playing against each other. The sudden and extreme price swings don’t make any sense. Like in the movie “China Syndrome” when Jack Leman felt some kind of a vibration and sensed something was wrong. Soon after there was a meltdown.
I think something big is going to happen, (the 2nd eye wall) and it wont matter how low any of the shares go, if you have physical, (insurance) the prices will get so high, they will over ride any paper losses. The laws of supply and demand setting prices, ended a long time ago.
Now a days, its the changing prices that cause change the supply or demand, until the price “distortion” gets so extreme, at that POINT it reverses.