We desperately need an administration change before things will improve and we need a fundamental and sweping change in Washington before the financial world will truly stabilize.
That being said I think the dow industrials will bottom out somewhere around 8000. It’s a cold bucket of water on peoples heads and a lot of good people have been devastated by this market collapse. But hopefully we can view it as an eight year lesson and NEVER elect greedy extremists who are wholly owned by special interest groups again.