Will it ever stop?

Stocks plummeted in the opening hour of trading today after S&P announced that they were downgraded US credit ratings on Friday. This could not have come at a worse time and greatly increased worry among investors as well as chances of suffering a double dip recession. Stocks have been on a free fall over the past 2 weeks and show no sight of letting up. Gold, on the other hand, continues to rise and inches towards $1,700 levels, while oil inches towards $80 levels. In times like these all we can do is wait. If you're already in stocks and you can afford to hold, then hold. Do not sell if you don't have to! If you're some of the lucky few that are not suffering from these losses and are currently out of the market, I would continue to watch and keep track of what's going on. Look for an indication in a change of trends of confidence. Then jump back in.