"Investors are just saying, get me out at any price."

That sentence is literally, the start of the run. What happens next is anyone's guess, but here are my guesses for the next week.

Friday the 10th - 300 point rally as some people decide to get back in, and think they're seeing bargains.
Monday - Another 5-600 point nosedive as people have the weekend to find out how horribly they're still exposed.
Tuesday - The DOW dips below 8000, but finishes above for the day.
Wednesday - Panic.