The record losses.

Citic Pacific Ltd., which predicted HK$15.5 billion ($2 billion) of currency losses, faces a formal investigation from the Hong Kong Securities and Futures Commission.
Hedge funds worldwide posted record monthly losses in September, according to Eurekahedge Pte., as short sale bans and client redemptions amid the credit crisis hurt funds including Citadel Investment Group Inc.
The volatility has been difficult even for seasoned veterans to manage; one day the markets plunge on apocalyptic fundamentals, and the next day they surge.
My losses to date is USD40,000 having to vomit out my past profits due to the venomous serpents stinging me with their fangs.
Tracking the Dow on Tuesday 21/10/08


9:30am:--Hefty 150.0 points bearish gap-down.
A very busy day of third quarter earnings reports. France plans to purchase roughly $14 billion in debt from six of its largest banks.
10:30am:--A Mass Graveyard.
The Federal Reserve announced a new facility to improve liquidity for U.S. money markets investors, citing that money market mutual funds and other investors have had difficulty selling assets to satisfy redemption requests and meet portfolio rebalancing needs.
11:30am:--Bearish body shooting star.
Semiconductor giant Texas Instruments (TXN 16.39, -1.59) posted a larger-than-expected 17% decline in earnings per share.
12:30am:--Session low with 4 ascending soldiers.
Stocks recovery attempt ends as selling pressure sends the major indices back down in the middle of this session's range.
1:30pm:--Inverted bullish hammer.
The White House said it is not proposing a second stimulus package, but is open to ideas, Reuters reports. Yesterday, Fed Chairman Bernanke said it would be appropriate for Congress to consider a second stimulus considering that the U.S. is likely to face slow growth in the coming quarters.
2:30pm:--Bulls spike to opening day high but with hangman warning.
Commodities are under selling pressure due to global growth concerns and a stronger dollar (+1.2%). Crude oil prices are down 5.4% to $70.24 per barrel and commodities as a whole are down 1.8%.
3:30pm:--Bears nosedive.
With regard to the government's latest effort, the Fed will buy commercial paper -- which is short-term corporate debt that many businesses rely on -- from money market mutual funds. The Fed said it created the facility because money market mutual funds and other investors have had difficulty selling assets to satisfy redemption requests and meet portfolio rebalancing needs. The Fed had already announced plans to buy commercial paper directly from companies.
4:00pm:--Hammering a downtrend.
Bears sitting tightly fighting the bullish recovery.

The sideway consolidation is preparing for an onslaught towrds the breakout of the October month MAV.Look forward the mid-week pivotal action,the Battle of Mid-Way.