What we're seeing here is that the
BTC price is no longer directly pegged to MtGox's lag time.
Call it more of a "weighted peg" now... obviously there is some effect, but panic sells are only fun if they happen once in a while - folks have become desensitized to Gox's antics.
We could dip into 0.110ish, due for a decent correction anyhow. But 62 minutes of lag on Gox won't cause a 62 dollar/btc price drop anymore
Newb investor behavior is pretty funny.