Yeah we are rapidly approaching the point where tangible assets are on the table near book value in many div-paying stocks. This eventually becomes irresistible to the most conservative value investors and the bottom will be in.
But tomorrow may well be a Black Friday to remember, when the Dow drops 1100 points or more and trips a trading halt. Only an announcement of some very good news tonight will avert that now.
The problem is nobody cares about investing when they are fighting for mere survival.