[Neidermeyer]

Baloney. This decline is across the board. Just plain old panic selling.
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It’s not panic selling, unless you are suggesting people are panicking over Obama’s war against capitalism. I would call that selling “rational”.

[microgood]

It’s not panic selling, unless you are suggesting people are panicking over Obama’s war against capitalism. I would call that selling “rational”.

I usually consider panic selling to be selling across all sectors, or just getting out of the market completely. The article was claiming the financials caused it but that does not explain the tech selloff.