The Dow was down another 216 today. I wonder what all those who have "come of age" and have to start cashing out their IRAs and 401Ks must be thinking. Especially those who put off the first mandatory withdrawal from last year and must now do it before April 15th of this year. And, whatever is left of the stocks they must sell will be taxed as ordinary income, with a zero basis, and at ordinary tax rates! Could be a lot of them will lose any enthusiasm they might have for a Bushalike for the next four years.

Oh yeah; a number of major "investor" groups are getting margin calls. It doesn't look too promising for the stock market.

I almost forgot: oil is well above $105!

Now for the good news: It's 71 degrees and sunny in my corner of Southern California.