I'd imagine the DOW will test 11,000 tonight. I have been short...

I'd imagine the DOW will test 11,000 tonight.

I have been short the past week yet cut my shorts today as I think the ASX has already factored in a 300-400 point drop on the DOW and I think once touching 11,000 support the DOW could easily rally and close flat.

I think the markets might bounce a little from here which will provide a better level to cut long positions (for those bold people still holding) or reenter shorts...

So my prediction for DOW -28