The first test of 8200
This move below the 8200 mark is an important statistical measure of the stability of the market. Markets are variable, they have a tendency to go above and below a certain mean. For the past four weeks, the Dow at 8200 has shown resilience in hitting that mark and rebounding. With most of the day trading sideways, we've seen a real trend in the market close to chase the indices down and close negative. At 1:00 today the markets were at or near 8200 and then they crashed down almost 600 points from their mean, to end at 7,600.