...Pay the piper day for all the excessive looting by all investments banks in the form of bonuses etc. year over year has come!. The fundamental definition of the investment banking business has changed and it will never be the same. Unfortunately, 50k more, most not living the greed, but just trying to live the American dream are on the street and it ain't Wall street!. Who would've 'thunk it' last year at this time, we'd have no Bear Stearns, no Lehman Bros and no Merrill Lynch brand. Historic times, we live in, trade in, as investment banks collapse like domino's!. The repercussions are not clear and that's the scary part, nobody knows how far the 70+ trillion credit derivative market unraveling because of LEH will go, nobody knows anything for sure and it's useless to talk about. The gov't intervention in FNM/FRE unraveled this banking mess this weekend and now we face the consequences of not knowing what comes next. There is no clarity at all. All we know is what we've saying of late and that is cash is king. As traders, we can only ask is this plunge going to give us the opportunity to have the downside break, we've been looking for?. Okay, let's not kid ourselves..to make predictions for a trade in the morning is insane as more surprises...bad and maybe some good will dictate every minute of this weeks trading. Many unwarranted stocks will be looted and you may pick up a quick intraday trade...to each his own!....be safe is all we can say, today!