And giant red recumbent man-eating sperm in Grand Rapids:
Not only that, but the trading volume is lower as well. When I calculate the CKHCI I use headset auctions that are closing in the next 12 hours. Earlier this week, that meant I looked at six auctions. Today, though, there were only three closing during that window. (And one of them was in the freakish 1 1/4 size, which doubtless contributed to the drop.) If you're not horrified yet, then maybe this poorly-rendered graph will scare some sense into you:
That's right, the CKHCI is going down like Cadel Evans on a smooth, flat stretch of road.