Vow WHao VOw ...whats happening ...its not news , its not technicals & what is it this time ?

Vow WHao VOw ...whats happening ...its not news , its not technicals & what is it this time ? Argentina and south korea manufacturing industry out put drops UNEXPECTEDLY ... SPAIN is likely to trade taking ques from argentina ..the whole world eyes on spain saga and IBEX is a RISK OFF TRADE ,, then the 

Scenario will be like we are heading for the WORSE ...A Big Way down ....

To Add up to the woes crude oil and copper is continuosly declining and the bears on rampage ...no signs of bulls struggling to regain momentum ..S&P 500 cracking 1400 levels for the first in recent months ....is definitely alarming factors which shouldnt be taken for granted...

So whats happening ? Y did the aggressive optimism and hopes getting faded from no where .... did the paper money finish its job acting as steroid pumped for a temproary relief ? 

Are we headed for a major gap down ? Are the factors pointing at another wave of RECESSION before the cool summer kicks off ? Are the stocks vulnerable for downside shake out as 80% of the DUMB MONEY sitting on huge long positions ? Was this the reason markets didnt correct in september ...?