DOUBLE BOTTOM?

I don't know. I put it out there. I observe...you decide! Still we didn't go below 220 the other day and we had every chance to. If this is all about the seizure of credit is the action pointing to perhaps the beginning of the end of the crisis part of the crisis?

No news of consequence this morning and no upgrades or downgrades. The market has just opened down about 75 points on the dow. The mlp index is down a little less than 1 point as they open them up for trading and work out the first trade distortions that occur. Nat gas is up this morning while crude is down. The one month t-bill is yielding 0.62% and the 3 month at 0.82%. Conditions remain very tight but off the extreme lows in yields.