Reacting to News

On the wires there was an old comment posted about an EU energy commissioner calling the Japan nuclear situation as out of control.  Now this is an old comment, but it took down teh market almost 15 handles in 10 minutes.  This market is in a very vulnerable state, strong markets don't react to news like this.  There is more panic in the air, but it will have to be something more lasting than a 10 minute blip.  You can only buy weakness in this market.  Don't pay up for stock.