stocks set to plumet.

Reuters press releasing Asian markets collapsed with Europe markets already off by 1.0 in heavy trading Dow and SP could easily see 5% near term loss as Feds move to check inflation and begin to announce aggressive rate hikes. The dollar seems to be strengthen as the move to address the pending problems in financials.

What started out as dismal has taken on a rally. Dow up 100 points for the day.

Just lip service from Yellen

Well there goes the floor stocks crashing as world markets setting up to suspend trading. Dow off 1% before noon headed for an ugly day as all major commodities and index clearly seeing red. DDE is up a modest 3% no other things are stabilizing for me. Seem the rush is on to convert assets to cash..