You think you've got it bad

The median house price in Detroit last month was $9,250. That's right. Not $92,500. $9250. That means half the houses sold for less than $9,250.

The median price on a house or condo sold in Detroit last month plummeted 57%, to $9,250, from $21,250 a year ago, according to figures released Monday by Realcomp, a multiple listing service based in Farmington Hills.

I've decided to call the bottom on the Dow. I'm calling for a bottom somewhere between 6,000 and 6,500. But, if it breaks below 6,000, I'm calling the bottom at 4,000. But, if it breaks ...

Did somebody say there was a bottomless pit?