i think lehman and meryll reporting earnings today will be the big news and true indicator of things to come...i hope it's not too bad....the market has at least a 1/2% rate cut baked in already...if lehman/merryl earnings are'nt horrible (i'm not holding my breath) and we get a 3/4 or even a 1% cut it will be a huge green day for markets in general....good luck all.