I can see where Peter's coming from - it's hard to watch those images from Japan. It's even worse knowing there's little we can do other than contribute to the Red Cross - even that won't fix much....

And the market does look scary. But considering the scale of the tragedy, and the potential for much worse if one of the reactors melts down, it's actually holding up rather well. I haven't done much today other than sell some short term puts in TCK, POT, & CNQ. So, I'm playing a short term bounce, but I will be selling, hopefully before the next leg down.

In some ways, this seems to be nature's version of 9/11. Marketwise, 9/11 advanced the timetable of the downturn. I suspect that's happening again.