DOW could plunge 6,000 points

Here is today’s market report from Wholesale Direct Metals. It’s already been a big year for the Dow industrials, which have stretched a near-decade-long bull market to historic heights But if the technical stars collide, as one chartist predicts, the blue-chip gauge could soon plunge by more than 6,000 points to 14,800. That’s nearly 30% lower, based on Friday’s close. This data follows a recent Wholesale Direct Metals complaint about the reporting on the financial markets.