Markets Set To Plunge

Stocks are set to plunge at the open in response to the worsening news out of Japan.  A few quick thoughts and I will try to be back at some point later today with something more complete.

1.  I am doing nothing at the open.  That may change during the course of the day.  On balance I would more likely be a buyer than a seller.

2.  I may change the market rating later today.

3.  Markets with this plunge are likely discounting the worst of the economic fallout to us here. 

Hopefully back later......