Biggest one week decline in stock market history.

So things are getting tough.  Real tough.  The Chicago Board Options Exchange Volatility Index .VIX, Wall Street's fear gauge, hit record highs again on Friday, reflecting unprecedented investor anxiety. The VIX surged 20.4 percent to a record intraday high at 76.94. By the close, it had given up some gains, but was still up 9.4 percent at 69.95.  This basically tells us traders are scared.  Everyone feels that the selling is way overdone but there are no buyers even with these incredible prices.  No one wants to buy, at least not this week.  Everyone wants to jump in but are to scared.  You simply get your head taken off if you buy and then the next day we are down another 500 points.  I like something i heard today, any day that we are not down 500 is the new up day.  Next week will be very telling.  In the words of a great man, Walt Disney "Hold on to your hats and glasses...this is the wildest ride in the wilderness.