Today's market comments

Well day 1 of the week did reaffirm my expectation. The Dow closed today at 8693, down 177 points. It was down lower today but recovered. The dow was down over 276 points at the low of the day. There isn't much good news in the economy, so sell into any rally's. The interesting thing is that if we could get this over and go down as I think we need to, we could rebound and be on our way back up. But the market won't be rushed. It was another day when the Dow was below its 20 day Moving Average.