Is this it? Was today the official end of the 6-week 25% rally that started in early March? Or is today just a particularly painful hiccup?
Whatever it is, the obvious fear in the financial sector is unlike anything we've seen since the rally started.
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Both Bank of America (BAC) and Citigroup (C) fell around 20%.
Overall, it was the biggest market drop since May 5, The Dow is back below 7,900, while the S&P fell over 4%.
A big deal in Tech, Oracle's acquisition of Sun Microsystems didn't get investors excited about tech, as the NASDAQ fell around 3.5%.
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So, what do you think? Are we done?