It was about, oh, I guess two months or so ago my grandma and dad were in town. My grandma had worked at Smith Barney back in her youth and so is quite savvy on the market and so forth. With the housing turmoil my dad asked "how far do you think the Dow is going to go down?"
I said, "Eh, around 10,000."
To which my grandma disagreed. "10,000? Are you sure? I don't think so, that's pretty steep."
Ah, the bad news just keeps rolling in.