If the market is stunned someone has not been paying attention

Stunned????
Check this out. No kidding. This is what I have been saying and screaming and bloggin about.

U.S. stock indexes close at 2004 lows

NEW YORK (CBS.MW) -- The major indexes all tumbled to new 2004 lows Friday after the Labor Department stunned Wall Street with a July jobs report that showed growth far below expectations.
Stocks slammed by employment data
July jobs growth about 200,000 below expectations
The Nasdaq Composite Index plunged below 1,800 for the first time since October to its lowest close since Aug. 26, 2003. The Nasdaq ($COMPQ: news, chart, profile) finished down 44.74 points, or 2.5 percent, at 1,776.89.