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Okay, how far down will we fall...look into the economic crystal ball you have...roll out how and how soon this is going to trickle down.

Just speculation on my part - based on the data before me:

The G7 countries will all go through economic depressions with bouts of spiraling inflation. I say "depression" because of all of the cooked books that will need to be sorted through, and the respective companies will need to "fall" to their proper level (many which will be insolvency).

I expect the ball to pick up speed by this week, or the end of next week at the latest.

Watch the movement of money between banks. 1-month LIBOR is a good indicator. Also watch the rates on 30-day US T-bills. If the rate approaches 0 then the money market is completely locked up.

If the bailout plan passes then you will see the stock market surge for 3 - 5 days. Liquidity in the overall market will probably loosen a little during this time.

Keep watching the movement of money immediately after the Dow settles down. If it begins to tighten again then our economy will be going down within a matter of days to a week after that.

Just my opinion...I could be completely wrong.