http://www.marketwatch.com/
Expect the DOW to drop 350 points when the market opens Tuesday.
If Ben does not drop interest rates before open on Tuesday, he needs to be taking out and shot (not literally). I can't believe that Ben has sat on his hands this long. Our economy is not healthy enough to survive both a housing collapse and a stock market collapse at the same time.
DOW futures all already down 360 now. Asian markets are in a tailspin today, off 6% on average. Not pretty.
If only. Dow futures closed today (11:30am for the holiday) down 520 points, and the S&P futures down 4.8%. We will very likely exceed the post-9/11 Dow drop of 678 points tomorrow morning. How it closes is anybody's guess. Bernake will be waiting, 1.0% rate cut in hand, for the proper time to unleash it, at which point the markets should spike. What they do afterwards will be critical for our near future.