The DIJA resemble s a high board diver , it is now sharpening its dives with greater degree of difficulty, this morning it opened with a 112 point dive and increasing slowly.Proctor and Gamble results disappointed, Microsoft beat the street as did Honey well. Our country club just dropped the SGX Nifty by 70 points to go sub 6200, not that it won't recover.As I write this the DOW is slowly recovering, do not expect the DOW to see yesterday's intra day lows. My take is that it might close 40 to 70 points down at the most.However for the year DIJA is nearly 3 percent down S&P is 1.5 percent down.