Yep, you can factor in around about a 140 point drop on the ASX...

Yep, you can factor in around about a 140 point drop on the ASX Monday which is the 3.15% "dues" that are owing (dow jones % fall)

We went up too much on Thursday, we went down too much Friday -36 (after dow finished UP 5 points) so assuming it had all levelled out up till yesterday's close, that's what we have coming to us on Monday. Most of the damage will occur as soon as stocks open A-Z order, once they are all open around 10.10am, the stocks that have "outperformed"...as in not falling their required %, will do so in sympathy to make up the numbers, then between 10.30 and 12 there will be a lull till the asian markets open, then another half hour of craziness. Most metals got killed as did oil (dropped 4%), the only sector that will hold up is Gold, but who knows how long that will last, one session ? a week ? a month ? or it gets crunched under $1000 due to DEflation ? Place your bets folks...if you're game.

Sentiment: Scared