THE CLOSE

Markets close at the lows and I doubt the folks running the government are very happy. Only thing left to do is lower rates and would anyone be surprised by a rate cut on Monday? After that - out of ammo.

Strong sectors- metals, internets and telecom while gaming, homies, real estate, banks and small caps lagged.

NYSE/NAZ 2200 net losers;

WINNERS- HANS FWLT BIIB YHOO GILD ISRG ORCL MSFT RF HIG CI MS TXN COV;

LOSERS- C NYX S JPM XRX F CBS AES SNDK FLEX AMLN VMED GRMN LRCX INTU;

SPX seems to have hit a temporary stopping point of 1100- as Monday's open will be pretty interesting since we don't have the "bailout" package anticipation.

Are all the weak holders out- that was probably anticipated hundreds of SPX points ago.

Small caps just act horribly in relation to the rest of the market and that is not a good thing.

Seems like we are in pretty historic times as blood continue to flood the street but the day after always seems worse.