What can I say but disgusting,ugly and very bearish action. We get 125 bp reduction in a week and this is the reaction. Not bullish action I can tell you that, and volatility is here for a long time. The shippers were strong and the financials rolled over. What is really amazing is the action in the financials-what a give back. I am waiting for the “Japan 0%” interest rate perma bears to come out of the woodwork if this keeps up. Later..