Stock prices have dropped through the floor, and–at least before the relief rally that began on Tuesday–had begun digging holes in the basement. It’s been a nightmare for anyone who has spent years building up a portfolio preparing to retire and even worse for those who have already entered a stock-funded retirement. The only people who are able to take any comfort from this situation are the people who never trusted the market and are sitting pretty on a pile of Treasuries, a fat savings account book or even an under-the-mattress Posture-Pedic Portfolio. But even those people have friends...
