here is a hint a bottom is close, page-3

The issue is that the 3 banks in the DOW could all go to zero and it would only constitute another 300 points.



That is in the worst case scenario of these 3 stocks going to zero.

It could mean there is limited down side for awhile as bank stocks have already been priced as if they are dead.

The DOW is heavily manipulated by its make up and weightings,but it is the index that the rest of the world is most influenced by.

It suggests to me that we could well have a decent sized rally on even the slightest bit of positive news.

That positive news may be hard to find in this environment all the same.

I still think the worst is priced in for this leg down.