DOW futures now only down 580 with S&P500 on -42. Still wouldn't be surprised to see it bounce soon, IMO the conditions aren't there yet in the bond markets for a major stock market reversal and once the punters stop and actually think about it I would be surprised if it gets much past -10%, if at all. In the meantime the heavies have made a killing on the way down and will start to short cover soon, it is often on the third day that the penny drops....
