I forgot to mention...

In my last post about the real reason for the market tanking last Friday, I forgot to mention one thing: Because so many analysts and journalists jumped on the lack of action towards a resolution of the fiscal cliff, many investors will now believe that to be the reason for the drop on Friday, and with continued inaction on the part of the government, these investors will also sell.  So, we have a case here of a faulty analysis becoming a self-fulfilling prophecy.