Poll: Where Will the Dow Finish 2008? - TheStreet

The House of Representatives' rejection of a proposed $770 billion bailout of the financial industry sent the major averages plummeting Monday.

The

Dow Jones Industrial Average

fell 777.68 points, or 7%, to 10,365.45. The

S&P 500

lost 106.59 points, or 8.8%, to 1106.42. The

Nasdaq Composite

dropped 199.61 points, or 9.1%, to 1983.73.

For the Dow, it was the

worst

single-day point drop and its worst single-day percentage decline since Sept. 17, 2001. Each of the 500 stocks that make up the S&P 500 finished the day with losses, except for

Campbell Soup

(CPB) - Get Report

. And for those throwing around the "D" word, depression, a rising soup stock seems only fitting.

Here are some scenarios the markets now face, according to Jim Cramer:

1. worldwide economic collapse;

2. a depression that is a sequel equal to the Great Depression;

3. many, many more bank collapses than we have had already; and

4. much more unemployment and many, many foreclosures.

"I still believe that they can pick up the pieces somehow, but I cannot hide my thoughts that we have an economic disaster on our hands and the only weapon we had created was the mortgage plan,"

Cramer wrote

.

So with this backdrop, we'd like to know where you think the Dow will finish this troubled year. Please vote in our poll below.

This article was written by a staff member of TheStreet.com.