What planet are some people on? It was direct Fed Reserve intervention and the auto sellers moved in from there.
When an event like this has repeated over a few years one does get to see the movements that follow the rhetoric. Check out Dan Norcini or Chuck Butler. The GATA site will also give you a very wide range of views and explanations as well. Have'nt checked it for a few days but can bet "The Asia Times" will have some good handles on it too.
But with the huge q/e surreptitiously provided to the EU it will recover and more some very quickly.
AYN Price at posting:
5.4¢ Sentiment: ST Buy Disclosure: Held