What we may see tomorrow in all mkts,esp US, is a perfect financial storm... If you have any cash this may be an opp.not seen since 9/11 or 1987..too late to short/use derivatives ...Bush has dug us into an abyss and his enpt/belated/unfair plan is not respected by anyone ..
My opinion is that tomorrow will be a better opportunity in financials than the 1998 LTCM debacle and also 9/11. It may be an opportunity equal to the Oct/1987 market crash. Not saying that the DOW will drop as much as 1987 on a percentage basis but maybe on a point basis, at least intraday.
Of course, the market and financials in particular have dropped so much already in the past several months that it makes tomorrow's opportunity that much better. We still don't know if tomorrow will be the bottom, though.
How do you justify MORE corporate tax cuts when LOOKING AT THE BUYBACKS IN THE LAST 2 YRS? ARE YOU FKING NUTS? The EFFECTIVE tax rate for Bush Butt-Licking Corporate Donors is ALMOST ZERO! Do you realize how many offshore shell corporations sell products at a huge loss and write it off? Or those thousands of corporations in one building in the Caymans? Americans have been conned, the greatest transfer of wealth in history, and it's not over until the banks are bailed out and the super rich pay ZERO CAP GAINS and buyback all the real estate.