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Four or five days before the flood waters in memphis begin to recede. four or five days until they begin to recede. officials think the water will be here, they believe, for months. they believe it will be four weeks, six weeks to start to get the water back down to decent levels so they can start the recovery effort. let's get more context. chad myers is in the cnn severe weather center. when you look along the mississippi, help viewers understand where we are now and where this is heading. >> we talk about this crest. this flood is not going to have a real true crest. this flood for memphis ...

Some of the flood waters are as deep as 15 feet deep. when you travel through 330 homes in all, we are told by local officials tonight, 25, 25 of those 330 families have flood insurance. those families are cranky tonight. they've been out of their homes for days and are not allowed to go back. they are not allowed to go into that neighborhood because the sewage is turned off, the power is turned off. they are grumpy because they are awaiting a disaster declaration from the federal government. families say it leaves them with an open question will they get any help? when you go through the comm...

The main tributary in mississippi to the mississippi river. terry was able to give a report, and certainly the fema headquarters and the president has that now. we hope he'll act on it quickly. you're right. families have been out of their homes, particularly in tunica county, for quite a while. >> help me understand. i'm in northwest tunica county like you mentioned there. obviously, they still have problems here, but they think the worst is over. the water will slowly begin to recede. further to the south toward vicksburg and the like what do you have coming? >> you have the same type of com...

Well. everyone watching their property, the property that's been hit by this water. the longer the water stays here, the longer or the greater the chances are it's going to do some sort of lasting damage. here in the memphis area in this county, we are seeing last night about 500 people in shelters. they are wondering, when are we going to get to go back to our houses? they also wonder what do we have to come back to? this water is going to be sitting here just the way it is for at least the next couple of days. then it's going to slowly start to go away. army corps of engineers saying it coul...

>> we made that determination early before we started to see these type of flood levels come in. we paid our employees during the duration of the closure. our employees are safe and volunteering, giving back to the communities and being paid to do so. we are pleased to do that on behalf of caesar's entertainment. >> what is your sense if it's weeks or longer? not only caesar's entertainment and other companies who have a little bit of a cushion, but the domino effect. the pizza place, the gas station, the theater, everything else is affected. this is like having an auto manufacturing in the ce...