Stone,

One thing I think you have failed to consider regarding people waiting for Fed on Tue is that all of those wall street types pumping air into Dow stocks have suddenly noticed a big hole in the air mattress. They have just now stopped pumping, and on Monday the air will escape as nobody will be pumping new air into it.

Waiting for the Fed had been the halmark for those holding out hope that there was a way to avoid recession. They have given up.

Can you hear the wailing and screaming????

SKELEG