Dow to 6000?

A while ago a good friend of mine asked me if I thought the market could go to the 6,000's? At the time the market was at about 7400 and heading down. I thought to myself, that would be crazy since the market has not been that low since pre '96. However, I looked at the current market situation and my gut feeling was we likely would hit into the 6,000's shortly. Sure enough within a few weeks the market subsided the 7,000 mark and continued to head down. I think coming up in the next few weeks the market will continue to trade in this range and probably bottom out somewhere around 6200. As a long time investor I don't even know what to think anymore, everytime I think it cant get any worse it does.