Buy some Southampton Leisure holdings stock; I hear they are going places.
Seriously, UKPLC is a no. AIG/HBOS is a big ****ing no. I have FTSE 5000 puts which I'm holding onto right now.
If you can, buy silver. I will buy oil at $85 and would sell at $125.
Apart from that all cash at the moment, apart from Transocean (RIG), a US oil drilling company.