Morgan Stanley ( MS ) ( GS ) Goldman Sachs 10/10/08

Morgan Stanley ( MS ) and Goldman Sachs ( GS ) are tanking this morning causing stocks to fall even further.

Dow Jones futures are at 8350 ....down another 250ish points so far this morning.

All eyes will be on trading today....If we tank and close positive...a strong case for the bottom will be made. Also, something could come out of the g-7 meeting this weekend.