Another crash beginning now?

DOW falls 500

Oil futures are down to $ 27 a barrel and everyone is freaking out.

The markets are stupid and dominated by lemmings.

The more people on the markets the worse the lemming effect.

This absurd roller-coaster is definitely part of the down side of capitalism.

Update, 01212016.

An explanation, of sorts.

Cheap oil, good for consumers, is slamming stocks. Why?

Think of the market as a not very bright trained rat.

Cheap oil is a sell signal because generally oil is cheap because of contraction.

But there is no contraction, just a bit of slowed growth in China.

Oil companies apart, the US economy is doing fine with almost 6 % profits.

Oil is cheap right now owing to decisions of various producers to continue production despite low prices.

All the same, oil is cheap.

Ooooooo. Scary.