News of additional bailout terms for AIG after it lost $61.7 billion in the fourth quarter set the stage for another day of selling on Wall Street. Warren Buffett felt that the US economy would be in "shambles" for the remainder of the year after suggesting late in 2008 that buying US stocks would be a good idea. The Oracle of Omaha had his worst year in 2008. The major indices responded with the DJIA falling to levels last seen in 1997. The SP-500 fell to 1996 levels after the worst first two months in its history. We cannot get any kind of catalyst to give bidders reason to bid up for stocks. Any strength or bounce is sold as we continue to drop to lower levels.