Lions and Tigers and Bears!

It was another day of revelations in the credit market. Bear Stearns couldn't entice investors, and the result was a cash crunch. J.P. Morgan and the Fed stepped in to save the day for Bear, but it pointed out the still shaky conditions in the credit market. The earlier gains of the week were knocked down a bit, as investors ran for the exits. One WSJ columnist is saying this is the bottom and is recommending investors start snapping up large-cap stocks. Is it bargain time or still time to be cautious? DJIA -194.65 NASDAQ -51.12 S&P 500 -27.34