Why is the Market Down??

As I am sitting here, the DJIA is sitting at a six year low. As Larry Kudlow says, "earnings are the mothers milk of the stock market." Sure earnings are terrible. But let's dig deeper. There is no clarity in the market. In fact, I don't know if there has ever been a time when there has been less clarity in our nations history. Is the stimulus package too big? Can our nation hold this much debt? When is there going to be a clear and effective plan for getting us out of this financial meltdown?

I believe that as an investor, if you have cash on the sidelines then now is the best time to deploy it into the market. Take advantage of all the fear running amuck on the street. The key is look for companies with strong balance sheets (lots of cash) that will be able to come out stronger when the downturn ends. It's just that simple. Try to block out the fear and uncertainty going on in the market and get into stocks that are trading at valuations we may never see again for the rest of our lives.