Today's trading has nothing to do about CPST: The DOW is down 218 points and the Nasdaq is down over 61 points.
CNNMoney's Fear & Greed Index, an exclusive indicator designed to measure market sentiment, has been in Extreme Fear mode since September 22.
A key volatility index known as the VIX (VIX) has risen more than 40% since the beginning of last week.
Investors are fleeing stocks for bonds.
More stocks have been hitting 52-week lows than 52-week highs. The volume traded in stocks going down on a daily basis is higher than the volume for stocks going up.
There are a lot more things to be scared about now than just a few weeks ago: Ebola. ISIS. Europe's economy. Protests in Hong Kong. Smaller stocks hitting a technical level known ominously as the "death cross."
But investors are scared right now. And with good reason. Whether or not they are still this fearful in a few weeks or months remains to be seen.