[prismsinc]

I have annuities. They mature in about 3 years. I can’t afford to risk it. Besides, I have been seeing a mild but consistent uptick in my business for the last 3-4 weeks. I do sense we’ve bottomed out.

[OregonRancher]

I cashed out my annuities last summer because their value was plummeting, took the hit for early withdraw, and went back into the market. So far I up 43% in seven months. I'm doing this with 30% of my cash funds, the rest is split up into sound, local banks. We are at opposite sides of the field, I don't see a bottom, at least until 2012.

Interest only and alter/A will be bigger than sub-prime and much more devastating, and CRE is going to be the nail in the coffin. Stay in touch.