I will take any downside. It's time to make money in puts, as far as 2008 goes. I have already doubled on my DIA $125 puts (bought $2.80, now $5.55) and I am not complaining. <a href="http://biz.yahoo.com/ap/080122/world_markets.html" target="_blank">http://biz.yahoo.com/ap/080122/world_markets.html</a> <a href="http://finance.yahoo.com/intlindices?e=asia" target="_blank">http://finance.yahoo.com/intlindices?e=asia</a> <a href="http://finance.yahoo.com/intlindices?e=europe" target="_blank">http://finance.yahoo.com/intlindices?e=europe</a>