After a very rough day, the Dow is up just above 13K. On the overnight, Asian markets are down around 2-3%. They are worried about credit problems slowing growth in Asia. Their exporters are down sharply on the weak dollar. In addition, Dow futures are down 49 (very early signal for tomorrow).
Tomorrow, last day before the holiday, should be a quiet day. But, all bets are off. VIX (volatility index) is 26, a very high level. Wednesday & Friday may be very volatile. One day, the problem is oil, now at 98 again. The next it's mortgage worries. The next day has reduced forecasts for retail sales. I think the weak dollar is hurting. It's getting difficult to keep track of all the problems.
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