i am very surprised by the strength of the sellout, we just hit the open 1115ish you did think the bailout failed with this kind of selloff. edit: holy crap, it's crashing
Once the probability of closing above upper range of the week failed, there is no reason not to liquidate positions to raise cash to deal with redemption over the weekend.
The bailout bill is not good news...no matter what anyone says. It spells long term financial doldrums if the history of Japan is any guide.