dow looking to open positively 100 plus, page-11

europe opend strong because of what we did with rates

yet non of those knuckle-heads have made a similar move

news out of back-channel JP M is that there will be a unified move to do likewise, but not until either:

a) the US goes gang busters today and throws a big cut out there sufficient for the euro crew to follow suit; or

b) until all these mugs sit down over a cup of well made tea and probably some bad coffee to work-out the same thing, but not to launch until next week.

the germans and irish pissed everyone off so they want them to experience a little pain first, though importantly, everyone wants to first be fully briefed about how dire iceland's affairs are first