a decent buying point. On lots of bad news this thing didn't fall too bad today. Imagine if it had been 50 this morning and fell to 17. OUCH. I picked up some today. There is a lot of BS going on right now on WS thats for sure. Lots of games. These are the markets when you buy not panic sell.
I think the Dow trades between 11,000 and 14,000 and C trades between $15 and $30 for the next 5 years. It will hit these points a few times each year. Traders will make money; while buy and holders will see their savings evaporate from inflation.