"When will the agony end? I thought this bailout was supposed to inject energy back into the market?"

MK, you are not alone in your expression of frustration as many investors are being testing in ways they have never seen before; self included.

Yes, the Asian markets have opened up in the red and as I currently type the American futures are down 1.5% with the european futures being in the green up 2% plus; a mixed message for sure. I hear some saying we are heading down further yet looking for that final washout and others say that we are way oversold and ready for a bounce. I must admit I am feeling bearish and fear we could see more downside action as the market attempts to digest the bailout program, but sure hope I am wrong and hope that we are at or close to a bottom so we can begin to move up from here.

FUTURES
VALUE CHANGE % CHANGE Dow 10,213.00 -151.00 -1.46 S&P 500 1,091.60 -16.70 -1.51 NASDAQ 1,457.75 -19.75 -1.34 S&P/TSE 650.90 -5.40 -0.82

FUTURES
VALUE CHANGE % CHANGE DJStoxx 50 3,128.00 104.00 3.44 FTSE 100 5,005.00 99.50 2.03 DAX 30 5,847.00 132.00 2.31 CAC 40 4,086.50 116.50 2.93 S&P/MIB 26,061.00 678.00 2.67