The Dow has fallen nearly 800 points since topping Tuesday just a micron shy of the 25803 ‘midpoint pivot’ shown in the chart. Now, if the Indoos were to shed another 800 points, we’d probably hear a bearish drumbeat from the usual naysayers. However, from a technical perspective based on the Hidden Pivot Method, the blue chip average would become a screaming ‘mechanical’ buy if it were to fall to the green line at 24,196. The stop-loss would be at 23,359 — a big one. Fortunately, we have many ways to reduce it by 90% or more if and when the opportunity arises. Please note that a somewhat riskier ‘mechanical’ buy signal was already tripped at the orange line (25032), but the 24,474 stop-loss it would require to hold the position seems a tad too tight to handle a correction worthy of the name, assuming this is one. _______ UPDATE (Mar 1, 10:021): Sellers made a good-faith ever to kick some butt Thursday, but they’ll need to push this brick another 250 lower points to activate the ‘mechanical’ buy signal noted above.