More Doom and Gloom :)

I hate to add more doom to the gloom but it is interesting to note the following: (keep in mind that our systems are NOT reliant on any specific economy being good or bad and so the following is more food for thought than anything else.)

1) U.S. Home Starts at 17 year low

2) Fed now likely to reduce main rate by 1% tomorrow

3) Fed breaks four decades of policy by getting involved in Bear Stearns bailout.

4)``Given everything that has happened over the past few days, the market is extremely jittery, with rumors abounding about other banks out there being denied funding,'' said Sean Maloney, a fixed-income strategist in London at Nomura International Plc, a unit of Japan's largest securities company.