After a 500+ Dow rally this morning the Dow has given abut half back. If Friday's lows give out, that means the Dow will have lost 900 points from today's high, but the tickers will show only about a 540 point loss. There is a big difference between a 900 point loss and a 540 point loss. It would probably signal that a new leg down has begun, stronger than the one last week (about -1000). Here is the visual on DIA: With 90 minutes to go in the session, the DOW is falling fast. Even if Friday's low remains in tact, any negative DOW close would not bode well for the market this week, subject only to tomorrow's wild card.
