Futures down sharply again (were up)

http://www.cnbc.com/id/17689937

BAC down 19%, MER down 18%. Some big names are getting hit hard Pre-Market

Looks like another crappy day. Maybe we’ll break 8,000.

DJIA futures are down 290 points. So much for the rate cut helping.

8000 will be soon. It was 10K on Monday and now almost 9K. I guess bottom would be 7.5 or 8K which is almost 50% down from one year (it was 14K)… Nobody knows how to gain the confidence of investors…

Nice recovery off the open. Looks like the opening shook a lot of sellers and we finally have some buying pressure.

Index Value: 983.44 Trade Time: 10:55AM ET Change: Down 12.79 (1.28%)