Wednesday Bull Day for Shorts and Gap Down.

Please read this article below. Going to be a very RED day tomorrow. Watch out for Shorts. Very likely GAP DOWN.
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NEW YORK (MarketWatch) -- U.S. stocks fell Tuesday as investors, fretting over recent economic weakness, moved to the safety of the dollar and Treasurys ahead of key housing data.


The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 10,017, -157.42, -1.55%) dropped 92 points, or 0.9%, to 10082, in early trading. All 30 of the measure's components were in the red. Leading the slide, Caterpillar, Inc. /quotes/comstock/13*!cat/quotes/nls/cat (CAT 64.76, -2.08, -3.11%) dropped 2.3%, Walt Disney /quotes/comstock/13*!dis/quotes/nls/dis (DIS 32.25, -0.69, -2.08%) dropped 2% and Cisco Systems Inc. /quotes/comstock/15*!csco/quotes/nls/csco (CSCO 21.35, -0.34, -1.55%) declined 1.9%.

The Nasdaq Composite /quotes/comstock/10y!i:comp (COMP 2,121, -38.29, -1.77%) fell 1.4% to 2129. The Standard & Poor's 500 index /quotes/comstock/21z!i1:in\x (SPX 1,051, -16.76, -1.57%) declined 1.2% to 1055, with all its sectors in the red, led by technology and materials.

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The broad decline, which puts stocks on track for their fourth-straight day in the red, comes as investors have grown increasingly concerned about the global economy.

Despite strong second-quarter earnings and a recent uptick in merger-and-acquisition activity, economic data have been disappointing. Investors are fearful that if economic numbers continue to come in weak, the economy could be headed toward a double-dip.

"Investors are running away from risk," said John Apruzzese, partner and equity portfolio manager at Evercore Wealth Management. "It's clearly concern about economic growth in the U.S. as well as globally."

Crude-oil futures fell below $72 a barrel and gold futures declined as investors fled to the safety of the dollar and Treasurys. The U.S. Dollar Index /quotes/comstock/11j!i:dxy0 (DXY 83.13, +0.01, +0.01%) , which tracks the U.S. currency against a basket of six others, climbed 0.3%. Gains in Treasurys pushed the yield on the 10-year note /quotes/comstock/31*!ust10y (UST10Y 2.51, -0.09, -3.54%) down to 2.52%. The 10-year note earlier touched 2.509%, its lowest level since March 2009.

The data on tap Tuesday and this week are expected to provide more insight into the health of the economy, with existing-home sales due Tuesday, new-home sales to be released Wednesday and the government's second reading of second-quarter economic growth due Friday. That report is expected to show a significant slowdown in U.S. economic growth, with the estimate for second-quarter gross domestic product predicted to be cut to 1.3% growth from 2.4% growth.

Ahead of those reports, the market is particularly jittery.

"Investors are hyper sensitive to macro economic data because they got burned two years ago and they're afraid of it happening again," Apruzzese said.