I am retired, age 63 and in the 15% federal bracket. My traditional IRAs are in a credit union and in a mutual fund account that contains both equity funds and fixed income holdings. I have faith that the market will recover over time along with the ecomony. I want to gradually convert my traditional IRAs to Roths. In this current stock market enviorment should I focus more on converting those account(s) that have equity holdings? My thinking is that the tax bite would be less since the conversion amounts at this time wound be lower. Thanks.