Well, the wait is now over.  Stock prices have been falling for months, but what we have witnessed within the past couple of weeks has been absolutely breathtaking.  Trillions upon trillions of dollars worth of paper wealth has been suddenly wiped out, and many investors are panic selling in a desperate attempt to lock in profits before the market completely collapses.

On Monday, the Dow lost another 600 points, but the really big news continues to be the staggering declines for both the S&P 500 and the Nasdaq…

The Dow Jones Industrial Average dropped 653.67 points to 32,245.70, or 1.99%. The S&P 500 fell 3.2% to settle at 3,991.24, while the Nasdaq Composite lost 4.29% to 11,623.25.

It has been stunning to see these sorts of numbers day after day.

One long-time market veteran actually used the word "violent" to describe what we have been witnessing…

"I've been in the markets for 25 years and I've never seen anything like this," said Danielle DiMartino Booth, CEO and chief strategist for Quill Intelligence, a Wall Street and Federal Reserve research firm. "It's violent not just volatile."