Market still fading today. But where is the expected sharp drop?

The jobs report today showed an additional 50,000 job losses and the U.S. Dollar has weakened. These are both more bad news to take the wind out of the sails of the Bulls. If the dollar keeps dropping we are in trouble because foreigners like China won't keep bailing us out and then imagine how a long string of Dominos falls, when just one falls on another. I am sensing more fear creeping back into the market and wouldn't be surprised to see a major selloff here timed to the Senate action, or lack thereof, on the Auto Industry Bridge loan rescue plan.

Watch the auto industry share prices today and tomorrow fall. Ford closed yesterday at $3.25 and GM closed at $4.60/share

So I don't know what is holding up this market. The news continues to be bad but it seems some Institutions are trying to prop up this market with some small wish that some will do Christmas shopping. I guess if you are reading this you aren't shopping either. Bah humbug!!??!