a wild and wooly day ahead, hold on to your seat belts
9:02AM: S&P futures vs fair value: -10.4. Nasdaq futures vs fair value: -3.0. Trading is relatively stable in pre-market action with the same pattern of tech outperforming on a relative basis continuing. European markets are moderately weaker (Dutch insurer AEG warns), the dollar is firmer while the Treasury market hugs the flat line. Nasdaq 100 PMI is down 1.68 points.