As Priceline Goes, So Goes the Dow?

The broad averages and the lunatic stocks were synched to the downside yesterday, suggesting there is more selling to to come. Priceline looked particularly bad and may need to fall a further $140 before finding traction at an important Hidden Pivot support on the weekly chart. If the Dow were to fall half as much percentage-wise, it would imply a plunge of about 520 points.