NO DEAL!!!!!!!!
Today the House of Representatives slammed the lid on the "deal" button for Congress and yelled "NO DEAL" to the markets. We're now going to get a glimpse of what made Bernanke and Paulson look like they had seen a ghost a little over a week ago when this panic really first set in. The market collapse today may be just the beginning. This is no time to be a hero. Cash is king right here. Oversold may not really be oversold. You just can't trust any indicator right now. The danger is too high. Perhaps we're hammering out a real bottom here. A lot of indicators and historical comparisons suggest that. But perhaps we're going to REALLY crash. If that's the case then today is a good start in that direction. Having Congress involved in this mess instead of just the Fed and Treasury makes it that much more unpredictable from a trading standpoint. So take a deep breath and relax. We'll all survive this. The sun will come up tomorrow and it will be another day in America, the Land of the Free and the Home of the Brave!

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