You know, I really don't watch the Dow that closely. I take a peek at the chart once or twice a week just to get a feel, but I don't really ever develop strong opinions about it. But a 20-25% drop...hmmm, I don't think so. But, we are at a place where we could see some selling.
stockcharts.com
10,700.00 | | + | | 10,700.00 10,650.00 | | X X + | | 10,650.00 10,600.00 | | X X O X O + | | 10,600.00 10,550.00 | | X O X O X O + | | 10,550.00 10,500.00 | | X O X O O X + | | 10,500.00 10,450.00 | | X O O X O + | | 10,450.00 10,400.00 | | X O X O + | | 10,400.00 10,350.00 | | 3 O X O X + + | | 10,350.00 10,300.00 | | X X O 4 X X O X + + |High| 10,300.00 10,250.00 | | X O X O X O X O X O X + | | 10,250.00 10,200.00 | | X O X O X O X O X O X O + | | 10,200.00 10,150.00 | X X| X O X O O O X O X O + + | | 10,150.00 10,100.00 | C O X|O X O X + O O O X X | | 10,100.00 10,050.00 | X O X|O X O X X + O 5 O X |Avg | 10,050.00< 10,000.00 | X O X|O X O X O X X + O X O X | | 10,000.00 9,950.00 | X X O X|1 O X O X O X + O X O X | | 9,950.00 9,900.00 | O X O X O X| O X X X O X O X + O X O X | | 9,900.00 9,850.00 | O X O X O X| O X O X O X O X O X + O O | | 9,850.00 9,800.00 | O O X O X| O X O X O X O X O + | | 9,800.00 9,750.00 | O X O | O X O X O X O + |Low | 9,750.00 9,700.00 | O | O O X 2 X + | | 9,700.00 9,650.00 | | O X O X + | | 9,650.00 9,600.00 | | O X O + | | 9,600.00 9,550.00 | | O + | | 9,550.00 9,500.00 | | + | | 9,500.00 |