I think alot of people started selling their short term holdings as the SH started falling... people locking in nice profits...
MMs were getting flooded with sell orders and thus the Bid /Ask could be moved down...
I expected a bounce at .55/.56 level.... but the slide continued.... could get alittle more rough tomorrow morning for anyone that happen to miss out today and want to collect some profits....
Otherwise i expect the SP is trend for awhile and maybe pick up on Friday...and start another rise on Monday... this time SLOWER please... lol