Having read about the DOW Theory some years ago, I remember one of the interpretations saying that the last phase of a BEAR trend is comprised of panic selling, and that the market is usually full of BAD fundamental news. So with WCOM, ENRON and the others, and the recent bleeding, there is NO QUESTION that the trend is DOWN, but could we be close to bottoming ??? I don't recall anyone said how long this particular phase lasts. What do you think ?