After two days over 1300 points drop the market rebounded this morning a few hundred points. This is wave 4, it could last a few days followed by wave 5. After a five wave correction there s/b a longer and better rebound. However 27,000 Dow is a hard nut to crack. It will take the FED to change policy. After nine years of bull market we are entering a 30% type of correction. No margin. Be cautious.