I dont beleive we will slip below $2, but it is possible. I beleive there were some on the sidelines grabbing some shares and putting in bids today. Also, its quite possible the sharks are scooping up a bit of shares, taking advantage of this situation, and will use these shares later on by creating fear to scoop up more in their vicious trading circles.
It is possible that there may be margin calls also, but I think limited. Just my opinion.
Markets appear to be turning, maybe more are cluing in to whats really going on.
The flight to the american dollar for safety? Does that make sense?