Prayers and hopes go out to everybody affected by the tragedy in Japan. Obviously this is a human story. As we all have a commitment and duty to address each of our daily routines and jobs, mine is to try to navigate the markets again today. Stepping back then, its a rather muted open as the traders are not reflexively panicking. As I noted yesterday, I’d like to do my next scale of purchases at lower levels and with today’s muted open, I am patiently sitting on my hands for now. Remember, this is about the next 10,000 days not the next 10.