overseas. that means the u.s. goods are more expensive. that has investors taking a hard look at the profits of all of the companies in these major indexes, including the dow and s&p. and by the way, we have to keep in mind although we have a direction in the dow, it hasn't really spread to the broader market net, because the s&p isn't hitting that level just yet. the nasdaq, which is more technical, is a bit closer. so we'll have to see those other indices play this trend out, as well. >> i want to bring in the u.s. managing editor for the financial times to talk about this. gillian, we're talking about these big-time investors. what about the little guy, all of us looking at our 401 ks today thinking there's not as much in it today as two days ago. i suspect the answer is don't do anything today. >> absolutely.