Nice long-term chart from Shanky http://stockcharts.com/public/1129702
and an amusing yet chilling description of the flash crash yesterday morning from Shanky
"We all know that an event like the one this morning can only happen one way these days (especially after hours) since retail is DOA and the big cats run the show. They sent a signal. You need to think about GS and the banks as a mafia. The government has dues to pay so they can keep their doors open and get protection from the mob. If you don't pay, you get a warning shot or a broken leg or finger as a reminder who is in control. That's exactly what you saw last night."
and an amusing yet chilling description of the flash crash yesterday morning from Shanky
"We all know that an event like the one this morning can only happen one way these days (especially after hours) since retail is DOA and the big cats run the show. They sent a signal. You need to think about GS and the banks as a mafia. The government has dues to pay so they can keep their doors open and get protection from the mob. If you don't pay, you get a warning shot or a broken leg or finger as a reminder who is in control. That's exactly what you saw last night."
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