E TRADE Financial Corp (ETFC)

[suzyHomemaker]

I was really shocked by WM.

It went out Friday at $10 and then on Monday AM it's down 80 something percent.

I had some interesting reading last night about people speculating how low the markets might go with the bailout voted down. Some are now saying DOW 8000.

That kind of scary talk makes me think we're closer to a real bottom. But who knows.

I won't be holding much overnight until this is all settled. If you guys/gals have some longer term money to put to work I would imagine this is quite an opportunity for you if you can stomach more downside.