What a day on Wall Street! Today's market plunge on recession fears had everyone from the Treasury Secretary to my dad scratching their heads. Testifying on the budget in front of the Senate Finance Committee today, Treasury Secretary Henry Paulson said he's paying close attention to what's going on in the financial markets. Meanwhile my dad, an 80+ retiree surfed the Web looking for answers. When we spoke this afternoon, I asked him the magic question, "Did you sell on the news?" His answer, "No."

I talked with our regular Street Critique guest Hilary Kramer about what she's seeing in the market. She likened it to a classic sports "head fake," saying just when investors were feeling a bottom was nearing on the Fed's aggressive rate cuts, today's ISM services data showed new signs of contraction. She'll be on with Jeff Yastine tomorrow night, with advice on some sectors to avoid and maybe even a bargain or two in the making. So, how are you doing with the market gyrations? Are you sitting on the sidelines waiting for the rate cuts to turn the tide, or are you out there hunting for bargains?