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record breaking roller coaster ride. wall street saw yet another day of volatile trading on thursday, this time on the upside as investors and analysts try to come up with clues as to when it will all end and where the ultimate is headed. nbc's brian mooar reports. >> reporter: it was another wild ride on wall street with the dow recovering more than 420 points and climbing back over the 11,000 mark. >> is this a bottom in the market? >> i'd like to believe so, but i think it's way too early to tell. >> reporter: the market picked up on news that germany and france are meeting next w...

we begin this morning with a record breaking roller coaster ride. wall street saw yet another day of volatile trading on thursday, this time on the upside as investors and analysts try to come up with clues as to when it will all end and where the ultimate is headed. nbc's brian mooar reports. >> reporter: it was another wild ride on wall street with the dow recovering more than 420 points and climbing back over the 11,000 mark. >> is this a bottom in the market? >> i'd like to believe so, but i think it's way too early to tell. >> reporter: the market picked up on news that germany ...

palin is recycling recently charged attacks on the president and the first plaepd now they didn't work for the famed campaign back in 2008, but she's trying like hell to put reverend wright back into the conversation. cariboo barbie, you better watch out this time. the naacp is listening. and the richest people in america are going to be able to afford another 20,000 jars of gray poupon if they get this bush tax cut extended. that'll be enough to cover all of the weinies in the republican party, don't you think? congressman alan grayson sounds off in the "playbook" coming up in jus...

cargo bomb plot was targeting the eastern united states. how close americans came to actually being attacked. a dramatic new attempt to make sure smokers understand their health and their lives are at risk. stand by to see the very graphic labels you could see soon on cigarette packs around the country. i'm wolf blitzer. you're in "the situation room." we begin with a surprise look today at a new proposal to try to get america off the roller coaster of deficit spending. over the past decade, the nation has gone from a $269 billion budget surplus to a projected deficit of almost $...