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Friday, stock market could get ugly

                What do you get when you cross breed a billion debt default and low value trading?  Yes, it is not looking good for Friday; it seems that the stock market will correct a few hundred points.  If it doesn’t, I’ll be absolutely surprised (or not so much).  The day the US stock market is closed, Dubai World asks its creditors for a 6 month extension.  Naturally, this causes the global equity market to sell off and the dollar to strengthen in a flight to safety trade.  Lucky for us, our equity markets are closed!  Although I am not one to believe in luck, big decisions are always planned.

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