FUTURES GETTING DESTROYED!!!!

Bear Stearns just canceled their EPS report and JP Morgan wants to buy BSC for $2 per share!!!!!!!!!!!!!!!!! The FED just cut rates by 25 basis points. I mentioned the other day that rate cuts this time around will be viewed as an act of desperation. They are buying BSC for $270 million or $2 per share!!!!!!!!!! Japan in the 90’s here we go. Get short and stay short