[JL8Jeff]

I doubt the new president will have much bearing on what happens this year. The subprime loans were a big part of the problem in 2008 and now we have the option ARMs and Alt-A loans creating a new problem this year. Companies will make adjustments to figure out how to survive and more people will lose their job. But the market shouldn't tank too much more than it already has. I heard that new mortgage applications are already up so as long as the banks will lend the money they were given things should start to move again.