Another good article on RealMoney at thestreet.com:

It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change. –Charles Darwin

The market action on Monday was downright brutal. We had just enjoyed the best week of the year and there was promising news of a Spanish bank bailout but after the gap up in the morning it was steady selling all day. Buyers had absolutely no interest and there was no underlying support………..http://realmoney.thestreet.com/articles/06/12/2012/adapt-or-perish?cm_ven_int=homepage-featured