* These are uncertain times that require political, financial and economic leadership with experience, creativity and a steady hand

* Unfortunately the car has been driving without wheels, (thoughtful policy or without a foundation of value) and it has just crashed

* Equities (now, in pre-market trading, are at about 2800 as measured by the S&P Index) have slightly undercut my expected 2850-3300 trading range

* Disasters have a way of not happening and value almost always emerges out of panic
* I am buying Spyders at under $279 in pre-market trading and I plan to add to my equity holdings today

Last week I wrote "Panic Goes Viral". I was premature in viewing investment opportunities as I had no idea that the panic over the last few days was simply a precursor to this weekend's broader selloff.