Well I was trying a new system of reading channels to forecast stock direction and NEGLECTED MY NORMAL INDICATORS  That is ,... standard deviation trend channel of .08, Standard MACD warning of the 12 day line touching and later crossing the 26 to the downside, and histogram nearly dieing to zero, and the positive line in my average directional movement index peaking twice through the  top warning line I set at 35. ( The second of which times the average line for both positive and negative sales also crossed through the 35 warning .... Not as though I didnt have any warning.  Just had tunnel visionNow lets see if I can recover from this !!