Which means we're either going lower (test 200 MA) or the smart money is wrong and we will ride a nice pop back into the upper teens tomorrow morning. Either way it's probably a good idea to have some money on the sidelines ready to scoop up cheap shares, whilst hedging your bet with the rest of your position in today for the big move tomorrow (hopefully up).
Down is the trend and as of right now everyone knows it will be down. The Million Dollar question is when everyone bet on the negative story that is so obvious, what happen when the same story is confirmed? It will be up. That is a CLASSICAL example of sell the rumor and buy on the news!