So where do we go from here? Any guesses? Looks like the market has finally realized that the economy is hurting and may go down from here. All we need now is some major bank like WaMu or IB such as Lehman to go under and the carpet should be pulled. Not that I’m rooting for that to happen, but I do feel that the artificial propping up the markets by the Fed have only delayed the inevitable and necessary corrections in a truly free market system, and might in fact make the outcome worse.
