DEGH seeing more expected downside from the overall market conditions.

Some calling this Market dump an "opportunity" while others saying it is time for capital preservation - that means sell. Some say Dow may drop, over time, to 10,600.

My thoughts are that any thinking that a stock is different than other stocks, should now be changed to thinking that no stock is immune to the big picture. May be a while before this debt mess is acceptable to Market players. In the near term, the Market will likely see additonal downside Monday, but may see some relief Monday afternoon, possibly Tuesday.

The ongoing problem with US Debt and resolution brought a lot of attention to something that used to be routine, and to kick the can down the road. The attention made investors dig deeper (not just into US, but EU, Asia, etc.) and what they have found does not make them happy. Too much debt. Everywhere.

Repeating from past posts, housing brought down the Market last time. It may do so again even though it has been in the news. Alt-A's and Option ARMs are currently recasting and will continue for a while. The shadow inventory is absolutely enormous. Toss in the middle east, EU bailouts and EU shenanigans, along with China's out-of-control inflation, and its a wonder the trend change did not happen sooner.

Market is now below mere correction territory. The trend is not our friend.