As for writing, the Dow is now down 160 points and NASDAQ is down 3o points. The first day in the second half of 2008 doesn’t look too good. The main concern among investors is mainly the rising price of energy and commodities. There is definitely a sign of bubble in energy and commodities. There just needs a catalyst to pop the bubble. But when will the catalyst? Nobody knows. When it comes, it will be totally unexpected and wipe people out.