Name:   GoneFishin - Subject:   This Is NOT Good News Date:   3/23/2018 5:04:10 PM

Let's hope Monday is the beginning of a better week for the  stock market.

"The Dow Jones Industrial Average DJIA, -1.77% tumbled 424.69 points Friday to close at a four-month low of 23,533.20. What makes the decline technically very significant is that closing below the Feb. 8 closing low of 23,860.46 completes half of the final step needed to trigger a Dow Theory sell signal, as MarketWatch senior columnist Mark Hulbert explained.

The Dow Theory is a market timing tool that has been relevant on Wall Street for a century. With the Dow closes at a lower low, after a lower high, all that's needed to trigger the sell signal is for the Dow Jones Transportation Average DJT, -1.84% to close below its Feb. 9 closing low of 10,136.61.

The Dow transports finished Friday down 190.14 points at 10,163.32, meaning just a further decline of about 26.71 points, or 0.3%, would be enough for the bearish signal."