this Market(S&P) will take 3 years to bottom ,these flash crashes are just mini’s compared to whats going to happen. ICAHN is right ,but you will see PE RATIOS of 3 and 4 for good dividend paying stocks at the end.. Thats what happened 1969-1975 ..I was out of everything during that period half because of my personal business problems half by chance .I started a new business in 1969 and it wasent until 1975 that I started making enough to invest again …The timing was perfect….STUDY the BEAR Market of 1970-1975 ..it was brutal……DOW lost 90 %.Debt was wiped out.
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