"surely after 5 red days the Dow has to rally at some point"Why?...

"surely after 5 red days the Dow has to rally at some point"

Why? It isn't a law of physics, economics or anything else. Have you thought about what the Dow collectively is? It is the residual interest in a bunch of poorly managed businesses in a country where labour is overpriced. Gee, I gotta get me some of that!

"the odds of a rally increase day by day"

This isn't true. Every time you flip a coin, the chances of getting tails are still 50/50, even if you've gotten tails a ten times in a row.

Furthermore, the stock market doesn't operate on probabilities. If it did, LTCM wouldn't have gone bankrupt. Look up: Long Term Capital Management, the most famous fund collapse of all time.

THE END IS NEAR