The official crash.

The economy faced a "significant threat" from paralyzed credit markets.
Dismal monthly U.S. retail sales set the tone for the session, dropping the most in more than three years, its worst day since the 1987 stock market crash.

Tracking the Dow on Wednesday,15/10/08.
9:30am:--A 200.00 crash gap-down.

September retail sales fell 1.2% month-over-month (consensus -0.7%), marking the third consecutive decline as consumers curtail spending in the face of economic headwinds.

10:30am:--Shooting star at session low.

The Producer Price Index, an inflation reading, fell 0.4% in September, helped by easing commodity prices.

11:30am:--Breakway Hangman.

Crude oil futures are down 4.0% to $75.50 per barrel, gasoline futures are down 4.5% to $1.79 per gallon and natural gas prices are down 2.9%.

12:30am:--Graveyard Doji.

A recovery attempt is met with selling pressure, sending the major indices to session lows.

1:30pm:--The Black crows.

Stocks extend their declines as Fed Chairman Bernanke speaks at the Economic Club of New York.

2:30pm:--Graveyard doji,

The Beige Book said that economic activity slowed in September, and credit tightened throughout the country. Residential real estate remains weak and commercial real estate is slowing in many districts.

3:30pm:--Bearish engulfing at session low.

Market breadth is bearish.

4:00pm:--Breakaway bearish hammer.

Wednesday's Dow is resting on the critical Bear Pivot.It's now in the intensive care unit,a matter of life and death.