We are looking into the Abyss and only good will can help us now

The rancor is getting pretty bad out there over the Stimulus plan which just passed yesterday in the Congress and has already moved to the Conference Committee with the House, It also is getting bad over Treasury Secretary Tim Geithner's rescue plan for the Banks. Add to that, today the House has called hearings with some former Investment bankers and now merged Bank CEO's to testify about excessive compensation packages they received last year, and you have the beginnings of Class Warfare. This is not, I repeat NOT, a good idea when we are trying to bring the country together as it is very decisive pitting the politicians, supposedly representing us, against the wealthy. I am very concerned this will add to the troubles in the stock market and make it impossible to turn this around in a more positive tone.

Watch for intimidation of these CEO's by the Democrats in the hearings and the tone of discussions. If it starts to get ugly the market could tip. I am standing ready to sell if I need to because our next stop could be as low as 6,300 on the Dow and that is very scary. We need a bounce back off these current levels to have a little breathing room.