run, i think last week showed MM's they dont have as much control as they might think in a software driven world...while the fear and uncertainty factor is high (good for gold), the fact is that the valuations of most stocks are pretty good right now...
personally, i think you had a lot of selling pressure and when they shut down (or, "slowed down") the NYSE temporarily (as a curb, for those of us who remember them) the secondary markets sold at the stops, whatever the stops were....basically, the nyse got caught with it's pants down and it scared the sht out of them....the thing i hav'nt heard is how the NYSE got away with "slowing down" the trades to try and lift the market...now that's market making!
the 1000pt drop inadvertently showed us a lot of "bare bottom stop losses"..
i'd like to see the same thing happen going up one day.
anyway, i think we're officially into the "sell in may" summer doldrems...we'll see how dull they are this year...