That was about a 25% one-day bust and we are now over 15% below the October peak. If we are to get a strong capitulation day it looks like tomorrow would be a good candidate — by capitulation I mean a one-day drop of between 5 and 10%. Will Bernanke and friends step in first and say “uncle” with an inter-meeting cut of .50??? And if they do, will it help or only create a panic and larger capitulation? I eagerly await the board’s answers.






