Have a look at the volume of trading recently on the ASX.Options CFD's
and equities.There must be a lot of mugs having to SELL SELL as their
idiotic gambling options blow up in their faces.
Most of this correction is caused by idiots having to sell as the
markets slides, its not panic into cash or bonds, its lenders making
calls on greedy idiots. Between these calls and computer auto trading
the whole mess unravels further and faster than ever.
I had buy orders thru comsec which went thru friday 2-3% lower
at settlement due to the system working too slowly. The prices were
going down faster than the trades could be executed, so cheaper
than instructed-never seen that before.