DOW SKID CONTINUES:
The headline: Dow Down Four of Last Five Days as Housing Market, Hedge Fund Worries Continue...Dow Down 2.2% Over the Last Five Days.
Eric Bolling expects more movement to the downside. He tells the panel to look for 1475 on the S&P and 1850 on the NASDAQ.
Pete Najarian says the volatility index tells him to expect movement.
Both Guy Adami and Jeff Macke agree that caution should prevail in this market.