Honeybee here: The S&P 500 Index closed at 789.35 (down 4.5% in one day). It is lower than Brinker's latest buying opportunity (low-to-mid 800's), but not yet at the November 20, 2008 low of 752.
The Dow closed at 7552 (down almost 4% today). This is exactly the low that was reached on November 20, 2008.
So much for the stimulus plan that the democrats (and a few Republicans) passed and Obama signed today. Confidence levels have dropped further.
So now we have interest rates near zero. We have over TWO $trillion more in national debt. What's next?