"12000/1300 was just asking someone to kick it all off the wall! "
That was my point with my post yesterday with both major Indexes bumping up against major big round numbers of resistance that the media had been talking about for ages. Add that to a majority of bearish overbought indicators and you had the perfect storm. The straw that broke the camel's back so to speak. If the big sellers didn't use the Egyptian riots as an excuse they would have used sun spots or whatever works..........