are we there yet?

Where we're at

cash 45.5
bond 28
equity 26.5

performance -19%

dow 6626
s&p 683
10 year 2.88
VIX 49.33
SandP P/E: 13.14

This week J had her salary cut by 5% and her 401(k) match eliminated by her company. Quite a shock, I thought her job was safer than mine. I think they have laid off ~10 people this year so far. TXT continues to dive down, it closed at 3.75 on 3/6. I have reduced her 401(k) deferral by 4% to try and recover some net pay. I have also reduced my excess fed withholding since we'll get a refund for 2008 and our financial status will be steady or worse through 2009. Bring on 2010.