The Dow has lost the all-important 15,000 level and is trading back towards the April 2013 'peak' (but remains 5% above 2007's previous all-time high). Almost a third of the Dow's 700-plus point plunge is thanks to IBM, XOM and CVX. The last 6 days have seen the blue-chip index drop 3.4%, its fastest since November as the BTFAiTH mentality seems lacking (for now).

