Dow Continues to Fall

Wasn't the bail-out partly put into place to prevent the continued free fall of Wall Street? Some good that did. The Dow continues to fall because investors are scared of a global economy slow down. How much of the problems are we seeing are caused by the investors being flighty? Correct me if I am wrong, but wouldn't the problem seem to start moving in the right direction if investors would go back to trading tactics that the were formerly using?