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In this Mad Cow Dow, anything can happen, no one can predict this thing, I quit trying, I used to be able to predict it sometimes, not anymore, all hell's breaking loose now, no stability anywhere. However, Japan is important, down 800?, not good news, in fact after their rally last night, down 800 is really ugly, ugly news. If they can't even hold some of that huge gain from last night, that's weak. My guess is, they will continue to drag the world down tomorrow. Maybe a rate cut in Europe could help things, maybe not. The Nikkei down will just create more panic. IMO. |
