Today is going to be ugly. So ugly, Bush is set to speak before the market even opens. Every day Bush has spoken about the economy, the stock market plunged. Expect some profit taking from yesterday and Monday PLUS we get the September housing data today. Combined with the news that mortgage rates are extremely high right now and the volatility index was at an all-time high and we could see our first 1000 point drop. The past few days have seen massive above 600 swings in either direction, so it's going to be a bumpy ride today. It's also the end of the week and Hedge Funds are going to need to cover their liquidty, so expect a late day sell off.