This sounds like full scale panic selling. Looks like tomorrow is going to be bad in the US, this on top of a drop of over 2000+ pts in the Dow since mid-December already. Could the Dow drop 1000 in a single day?
The Plunge Protection Team is certainly going to have its hands full tomorrow.
Dow will drop in the morning when the panicky trades are made and rebound in the afternoon when bottom feeders come in to snatch up some bargains that were unnecessarily bid down. Buy low sell high. Buy when it looks like everyone is selling. Sell when it looks like everyone is buying.