Good article in the NY times. Lieber runs a panel at the Financial Planning Association and asks Financial Planners about '08/09.
Main points made:
a) Even if we knew it was coming, we wouldn't know when.
b) Asset allocation isn't meant to protect in the short term
c) Control what you can - savings/spending, taxes
d) Don't make irreversible decisions - like quitting your job too soon.
e) Theft by Financial Advisors is always a danger. Keep close tabs on things.
I hope you enjoy the article.