exactly,

the market is nothing more than glamourized gambling. 2 things you look for when you want to buy a stock is the PE ratio and the 52 week high. The market is in a selloff right now, because most of the stocks out there are all at their highs. It makes perfect business sense to sell, sell, sell. That is how you make money in the market.

So, if you are a venture capitalist you will use this downturn in the market to buy,buy,buy.

As far as all this talk about volitility and liquidity that is just Squawk on the street talk. Will it affect the airlines? Probably not.