leading up to a black tuesday, page-12

This is the way I see it, DOW tanked more because of uncertainty of rate drop some see 1/2 point, some 1/4 and some no change. The market knows US economy is crappy, what they want to know is what Bernanke is going to do. Now looking at bankers they are fairly conservative so IMO we will get 1/4 point drop on 18th Sept and maybe 1/4 point off in October. There is always data to consume before they do anything drastic and as announced previously the US Gov't has given the Fed power to intervene if the sh it hits the fan. All this talk of 1987 all over again is cr ap.