Why stock markets alone. It could be the scenario everywhere that is even with the Governments, Banks, Bullion also. Cyprus was made to sell their bullion and Banks in Cyprus straight away reduced the customers' bank balances overnight. One has to follow the big investors (money, money and money) as if the big investors pulls out of one investment avenue, it will invest somewhere else say in bullion or stock market of some developing economy like India to give it an artificial boost and fly back to boost its own stock market. Everywhere it is small investors money which gets eroded. Stock market index is not based on real demand and real supply and the bubble has to burst sooner or later. How can those investors loose, who force collapse to again cover up with bigger jump. Short selling an buying is just playing cards blindly where the real cards (small investors) get packed. Blind game needs to be stopped for keeping stock market afloat always.