All I know is now is not the time to sell. I am starting to be a buyer. Bought XOM at the close today.
Sure you Did????
In any case, the Index Funds have tracked the Index pretty doggone closely so the hedge funds have been feeding off each other. I'm guessing the cannibalism will be over in a year or so. Should see some in-house brokers taking the big plunge off high buildings within weeks though.