I suspect there will be some sort of fed intervension soon. Market is at support levels. Bernanke hinted that there would be more steps to be taken such as buying up toxic assets and such. We're not the only ones watching the charts.
From yahoo finance: ". The federal government is considering a fresh multibillion-dollar aid package for Bank of America to help it absorb losses at Merrill Lynch, according to a person with knowledge of the discussions." Hmm...I think the floor traders and funds suspect something will be done soon. Obama doesn't want bank failues on his watch, so yea some sort of infusion is pretty much guaranteed.