Free Falling!

• Cue the Tom Petty, because this market is Free Falling as we head into the weekend. The thought is that there ain't nobody who wants to be long this market with the rockets red glare between Israel and the terrorists.  Of course, this could be setting up one big rally next week if things calm down and earnings come in and yadda yadda yadda.  For now, CNBC is talking about $100 oil and bombs and instability and ... well, enjoy the Tom Petty.
• We had the hub-bub about breastfeeding at Victoria's Secret recently.  Now comes this health news from Yahoo about Diet and Exercise OK for breastfeeding women.   Overweight women who are breastfeeding and want to lose weight can do so safely by decreasing the amount of sweetened drinks, snack foods, sweets and desserts in their diet and walking briskly for 45 minutes per day, four days per week, a new study indicates. Next time at the gym, keep an eye on that woman next to you on the treadmill.  Baby on board!
• Kirk wonders if Enough is Enough?  Have we had enough selling to price in the bad news? Investors certainly hope so and the most aggressive ones among us will probably try to deploy some cash if only to try to catch a snap back rally.  Yeah, probably.  As I mentioned yesterday, each trip back down towards the bottom of the trading range generates more fear and pessimism.  Ain't that the truth!
• I've used "ain't" twice already and it ain't even noon yet!