Excuse Me but is "THIS THE START OF A CORRECTION"?
Sure smells that way and if we see another 100 plus drop in the DOW tomorrow - look out. Sellers will be every where locking in profits and running for cover. Fed can't do anything about geopolitical problems outside U.S., pending war in Ukraine and probable crisis in China - Japan, North - South Korea, Israel and Iran. Don't be surprised if we see multiple world wide confrontations over the next several weeks since the U.S. is weak (according to its enemies) and Obama doesn't want to get into a "George Bush" situation. As in "Way Over his Head".