Do you know how many more warnings there are to come, MANY MANY MANY MANYYYYYYYYYYYYYYYYYYYYYYYYYY MORE, this is just the beginning of earnings slowing down, this will go on for quite sometime, at least 4 quarters or more. The markets are headed alot further down, I think the DOW will be lucky to close the year above 12k, I think the DOW is ready for a dip below 11k then eventually if things even get more ugly DOW 10k or less is possible. Still think the dow is headed for a 1000+ point single day drop very soon.