Me, too. Looking over the notebook in which I record my stories, I see that in 2008 I only finished one story. This is down from 15 stories in 2007. The reason I wrote so much less last year is that all the rejections get discouraging...in fact, I'd probably give up except that one of the fifteen stories sold, to Analog, and so I keep trying. I've got two stories "in the works", one sf and one fantasy, but I keep seeing all the flaws and find it hard to press on.
On the other hand, I do keep the stories I have written out there, and I only submit to markets that pay at least three cents a word. It's not the money -- I have a good day job -- but I figure if a market doesn't pay then it probably doesn't have many readers, and I write in hopes of being read.
In 2008 I submitted 20 stories (including stories I'd written in 2007 and earlier) to 28 different markets, with 60 rejections and 1 acceptance. I currently have 19 stories out under consideration. One story I've decided to retire as unpublishable (because politically incorrect).
I spent New Year's Day looking over old stories and doing rewrites. I seem to have learned something, because I can now see bad bits that before seemed good. Today I send out one novel querry (three chapters and an outline), one first chapter of a novel to a contest, one proposal for a non-fiction book, and one children's short story. I also sent out a story via e-mail to Cosmos, but it got an instant rejection over the weekend.
A writer's life is not a happy one.