There are times to act on investing opportunities, and there are times to sit back and reflect while minimizing market exposure. If you've been around the market for any amount of time, I think you'll agree that this falls into the latter category. With the House of Representatives set to vote on a revised financial bailout, the markets are in complete limbo. Several Republican sources say they are closer, but not there yet. Many Democrats say they are pulling their vote because the tax breaks were specifically put there to please the Republicans.

Whatever your stance, you have to realize that the market volatility is going to be crazy for quite some time as I will outline in the next points.