ajtj99's Market Pulse

[jdaasoc]

You see any chance of FED rate cut before market open to mute decline that was seems to be ascribed to in foreign press as lack of significant action by US to avert recession.

Limit down S&P is about 5% or about 65.

ftse 100 6 up - 94 down

miners energy banks leading the way down

http://uk.finance.yahoo.com/losers?e=ftse

You need to dust off most bearish of forecasts because when people open up Jan investment statement in early Feb they are not going to like what they see and start to clam up on equities and spending.