[Rain Man]

I'm usually a strong advocate for buying the dip, but not this time. I see this getting worse for a while, and maybe a long while.

I've got enough cash to hunker down for a while. I'm retired, so I'm not bringing in income to dollar-cost average, other than a little summer money that I'll put into a Roth for the tax advantages. I'm not putting that cash at risk in this environment.

People who are still working should probably keep putting money in to dollar cost average, but I bet you're going to feel sad for a while about doing it.