What do you know about the market?

What did everyone know about the market?  or did we ever learn anything about it?... the markets are in a free fall, and it seems that there is no end to it.  Would it end some day?...of course it will. When?  No one know until it happens?...It appears to me that a lot of people are washing out their losses by selling out good stocks, and that is good news for some investors, because they can get good stock are a "bargain" price.  Last summer, i mentioned that we can touch the 7,000 mark in the dow.  Guess what?  we are right in there, and who knows if we touch the 6,000 mark.  I would not be surprise.   Well, do what you think is best, be frugal, save money and if you have playing money you do not need and if you think the market may recover some ground, do what your heart tell you.