People are keeping saying that there was no "capitulation" , but i think there is a actually a capitulation as everyone now yells "sell, sell , sell , sell". Also stocks like Intel , Philips are selling for their price from a lot of years ago. NASDAQ is already -60%. Some stocks are sold for their price of 2004. The dividents for some stocks are 40-60% like for PETROLEO BRASILIERO (or something similar - the name)