Equities: "If you can keep your head when all about you Are losing theirs..."

Maybe you haven't heard, "No One Here Gets Out Alive"
As noted in Oct. 1's "Stocks & Treasury Yields Are Collapsing":

We have been looking for ~1900 on the S&P 500 since late August and on Sept. 22 posted "Equities: How's About a Thousand Dow Points (to the downside)?" at DJIA 17,243.. The thinking is that this should be a slightly larger decline than that which ended on Aug. 7 (5% vs. 4.3%) eliciting a "Wow, that wasn't so bad" emotion, followed by a return to the 2019/17,350 all time highs before a real downturn.
Caveat:
We have some fast computers and a lot of experience but it's all still guesswork.
DJIA: 16,855.34, down 187.56, S&P 500: 1,955.57, down 16.72.
A close below 1955 would be quite serious....

At DJIA 16,719.33 we're about halfway to the target on the industrials and 35 points from the target on the S&P. More to come.
Recently: "Why it May Pay to Be Dubious Of Friday's 200-Point Up-Move".

Speaking of Jim Morrison: