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Note for Investors

One thing learned from a quarter-century of covering sports is the true meaning of the word "panic."

To wit, whenever a player, coach, manager, front office type or owner says "This is no time to panic," they're right. It's way too late for that. They should have panicked a long time ago.

The second section of today's "Wall Street Journal," the personal finance section, has at least three articles about the stock market dedicated to a single theme.

Remain calm. This is no time to panic.

posted by Michael Gee @ 9:00 AM