It's quite interesting situation as we are between two gaps. And gaps tend to be covered.
Neither medium-term (daily) or long-term (weekly) uptrend have been broken. Nevertheless, we are still in risky environment and we shall expect big volatility at least.
Profit taking day - as Brian described in his video.
There are speculation about General Motors bankruptcy (here).
Sources:
[http://www.marketwatch.com/news/story/Stocks-Slide-DJIA-Ends-Off/story.aspx?guid={F3DA523A-1D98-439E-B4E5-4AEF589788D6}]
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