Possible repeat of the 2008 recession?

I predicted a downturn for Google and Logitech this week not realizing the much bigger picture, the NASDAQ. In trying to understand what happened today, I found a very troubling pattern. It seems that in the 2008 recession, it took a dip and tried to correct itself only to crash even worse. Are we facing a similar pattern at a much greater proportion?
FibonaccinasdaqrecessionTrend Lines

Also on:

Disclaimer