At 3:30am cst The DOW futures are UP by 177 points

[Robbien]

just sayin

Foreign markets opened with big drops but now are trading much higher with some even trading in positive territory.

[MercutioATC]

1. Up over 200 at 4:30 am...

Gee, some "crash"....

[Marsala]

2. Typical bear market rally

It's very normal to see rallies after crashes as people take advantage of low prices to buy in.

[Robbien]

5. Well, today is the end of the quarter and hedge funds are facing redemption today

Whatever happens today, the move will be big. Perhaps they will be cashing in on yesterday's drop. Or perhaps they will be realizing losses on the quarter's drop. Whatever. Since the hedge fund market is in the trillions, Sept. 30 will be active.

[TexasObserver]

3. the markets may adjust upward today, but will ratchet downward, deal or no deal

A couple hundred point rise in the DOW today would not be surprising at all.

[McCamy Taylor]

4. My gut tells me the market was manipulated downward yesterday and we will have a

word that ends in -gate for it within a year.

[soulcore]

6. Bailout-Gate, 2008. n/t

[Two Americas]

7. very astute

Of course we are being "gamed." What do people think an unregulated and unsupervised Wall Street is about?

People who a few weeks ago were arguing so strenuously against government intervention to protect home owners and jobs and anything else of real value and benefit to the public now expect us all to guarantee and protect their stock portfolios. People who accused those of us who were warning about the instability and dangers of this "free market" idiocy of being doomsayers and fear mongerers are now running around doomsaying and fear mongering.

The sad thing is that not all of those people are Republicans.

[Robbien]

8. At 4:30am cst The DOW futures are UP by 226 points

Oil futures are up almost a dollar
Dollar/Yen futures are rising to over a hundred and five.
Gold of course is souring. Another six/seven dollars.