Well, that's not what Mr. Bernanke and Mr. Paulson had in mind when they "assisted" AIG last night. Was that really only last night? For some reason it seems longer ago than that. About 450 DOW points ago in fact. I said last night that anything could happen from here, and that's still the case tonight. The S&P should bounce from near here. If it doesn't, and if 1100 can't hold it, all bets are off. The market could begin falling like a bank stock...straight down. That's a possibility here. The 1100 level looks like the best bet to halt THIS part of the slide. If you're a gambler that's as good a entry as you'll see. That doesn't mean it'll work, but it's a high probability entry point in my view. Golds move is very intriguing as I've expected it to continue on down in the overwhelming deflationary environment we're in. Was it a safety trade that blew out the shorts and will come down later, or is it a response to Treasury's announcement that they'll auction $40 billion in treasury bills and give the money to the Fed, prompting a hyper-inflation trade and blown out shorts?  Maybe it was a combination of both. I'll be paying close attention to that action going forward. So how bad can it get? 500 on the S&P is my screaming buy level. In an all out crash, even a multi-year 1929-1932 type decline, the market shouldn't go much below there. Think I'm crazy? Lot's of people thought I was crazy three years ago. They didn't think very well. What do you think?