Consider this - to date the DOW is down primarily because of oil, credit and property prices, all real and verifiable. Also, to date really none of the true inflationary and recessionary data has shown through. If the Dow is where it is now without any of those numbers showing up yet, where will it be once they start coming through?
Tonight there are many opportunities to knock the stuffing out of the Dow and those with a position will have to deal with a shortened trading session and knowing that they will have to wait 3 days to readjust if they are wrong.
The next 24 - 36 hours will be a rough ride world wide!
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