Yesterday's -FV was 30 cents.
Evidently, I did not recall correctly. Thanks for the correction.
ATCbullet, I agree with you. This market is extremely volatile and panicky, but it's not that way for no reason at all. We're looking at up to $500 billion (worst case?) in losses from insolvency. Countrywide is tapping an entire $11.5 billion credit facility to try and save itself, and no one really knows where past credit market shenanigans will turn up next. There's ample reason to think things are not yet at the bottom.