[anniegetyourgun]

A death watch....

[Night Hides Not]

Well, the market mavens have been pounding the drums for a blowoff event, to set the stage for the next rally. This may be the trigger that they were looking for.

Then the next question is: how low do we go before the rebound does start? My no-longer-educated guess is NASDAQ 800 and DOW 6300, i.e. another 40% downdraft on NASDAQ, and 30% on the DOW.

Here's to hoping the SEC and the Bush Justice Dept goes after the lawbreakers. Sending these corporate criminals to hard time is the medicine needed to cure this cancer.

This is a result when ethics no longer matters, and 'it's just about sex' in the Oval Office.