This is not fear mongering but a serious issue. Most of my current positions are long. However, I think the market may be in trouble for these reasons in order. - I-banks announce we are in a recession - TMA goes bankrupt (should happen this week) - ABK & MBI lose their AAA ratings worsening the credit crisis - CFC investigation causes BAC deal to not go through - Inflation comes in high and the Fed shouldn't cut but does for fear the credit problem will worsen - Unemployment for March goes up to 5.2% - 5.4% - Major funds implode as investors run scared - Dollar keeps falling while commodities run higher ($1.75 EUR/USD is not out of the question) - Gasoline hits $4/gal by June - Food prices increase - Major companies announce massive job cuts - Banks afraid to lend to people with good credit standing - Fed Funds rate cut to a low of 1.50% . . . . (Unforseen problems at this time... probably more bankruptcies) . . . . - Democrat, probably Obama, is elected president and raises the capital gains tax rate Miss anything?