IT'S THE END OF THE WORLD AS WE KNOW IT?

The thoughts running around in my brain as to the severity and possible outcomes to our situation are overwhelming.

We are witnessing the greatest destruction of wealth and real deflation in our lifetimes, if not in history. In the meantime I cant help but think the FED is gaining some control over ENTIRE Banking system and comes out in position of last man standing....with little competition left.

As they argue over the Big 3, it was SO easy to throw money at Paulson of which he does not, and has not divulged where it went, but a pittance will be argued over lending assistance to one of the few remaining manufacturing sectors in our economy....I find it repulsive. I find it repulsive CNBC keeps running ads reminding listeners.."you need us know more than ever, your source for financial news......." like at which time did they advise any caution or suggest we would end up here?

When you consider a crisis of confidence is at hand, approaching xmas shopping season, surely it's a good idea to possibly let Big 3 go bankrupt? talk about trickle down economics....

This whole mess is a snowball rolling downhill straight into Hell.

On the other side there will be HUGE changes to our economic landscape.

I see bargains James, but I want to stay 100% liquid, Stocks could underperform for a decade........I am wondering if this kind of market could achieve a V ending.......I don't think so.....I do see prices that SHOULD be winners DOWN the road.......am not sure what mechanism I would use to reach my hand in......would at minimum want to see 2002 lows tested...on an intrday period.....we are closer to bottom obviously than a yr ago......but incredably the PANIC may still be in front of us!

SOme see this move current near end a WAVE 5 of 3, and a bust of our wedge would be thrust upward.

AT minimum I think we get bust out of bottom triangle....does not always end up bullish.......or for good measure lures some late bears in then BAMM......can see that. Can SEE VERY cheap prices on lots of stuff.......but think too much damage done.....like a stool pigeon dumped into bay with chains and cement attached to visit Jimmie Hoffa.....there is our stock market.

Many I correspond with were looking for a bottom to form today.....either way.....this market has shredded many trying to pick THE BOTTOM......

Yesterday was yet another in a series of 90% plus down volume days......my Lowry's subscription has been worth its weight in gold......

Duratek