After todays 7.5% beat down, I think investors took a huge Psychological Hit. The Global bailout plan announced over the weekend - equivalent to 4 Trillion dollars - was probably the best chance to revive world markets. After a euphoric 10% drive and talks of a new Bull, most of those gains were erased in a single day. With strong selling into the close. From here on out, it becomes very difficult for World Leaders to juice their economies without pronounced downside risk to future debt levels or inflation. IOW, Doubling a Nations debt in one Quarter punishes future growth via debasement or tax. The Markets know this and will price it, accordingly. With hamstrung consumption committed to Bubble Debt taken on during the Peak, US Economic Fundamentals have been flushed a long time ago. The recurrent bailouts and propping are revealing themselves for what they are - a toxic stop-gap measure, that will not hold.... With each successive bleed, markets will force investors to confront what they don't want to accept - the Bear isn't going away. DOW 7000 a definite. DOW 5000 still in the cards.