By KATHLEEN PENDER, San Francisco Chronicle

Some analysts say the market appears to be going through capitulation, a period of heavy selling marked by pervasive gloom, when investors ignore good news and throw out the good with the bad.

Many, but not all, bear markets end in a capitulation. When everyone who wants to sell has gotten out, a modest influx of buyers can lead to big gains.

SAN FRANCISCO -- Volatility on Wall Street has most people running for cover. Others are reaching for a measuring stick.

Counting Tuesday's 508-point plunge, the Dow Jones industrial average is down one-third from its high a year ago.

How does that compare with previous downturns?

Almost everybody knows there is risk in the stock market, a hard fact underscored by Monday's frightening plunge on Wall Street.

But with the financial crisis reaching epic proportions, people are starting to ask: How safe are my safe havens?

Here's a look at the most popular places people stash their cash: bank deposits, money funds and U.S. Treasury securities:

As Congress debates a mammoth bailout and Wall Street struggles to regain its footing, here's how the pain brought on by the national financial crisis is being felt on Main Street, in the living rooms that lie at the heart of the economy.

Denise Hillman, of Martinez, Calif. says she has lost sleep over her investments, but hasn't made any changes to her portfolio.

Let's answer some common questions from people who are wondering how the financial crisis could affect their savings and investments.

Q: I heard that the plan to insure money market funds does not cover tax-exempt funds. Why?

The federal takeover of insurance giant AIG has consumers wondering: How safe is my insurance policy?

What would happen to depositors if a large bank or thrift failed or had to be bailed out?

Students who must fly to college are finding it harder than ever to transport their stuff.

Most airlines have added or raised fees on checked baggage, and shipping companies have added fuel surcharges to package deliveries.

SAN FRANCISCO -- The California legislature took time out from the state budget crisis to pass a bill giving California pet owners the right to set up a legally enforceable trust to care for dogs, cats, horses or other animals.

Gov. Arnold Schwarzenegger signed the bill, SB685, last week. It takes effect Jan. 1.

SAN FRANCISCO -- If you're shopping for a loan, it's good to know your credit score. The question is, what score?