[Sixstrings]

http://www.zerohedge.com/article/rule-48-invoked

Reminder of what Rule 48 means:

Rule 48 halts the requirement for market makers to send pre-opening indications, or bid and ask prices created in auctions used to determine a stock’s opening price. The regulation is used only when the “potential for extremely high market-wide volatility would likely impair floor-wide operations at the exchange,” NYSE Euronext said.
http://www.businessweek.com/news/2010-06-04/nyse-invokes-rule-48-to-suspend-price-indications-before-open.html

Dow down 296 so far.. news of a 6.2 earthquake in Tokyo coming in.

Sounds like everything is down -- equities, gold, silver, oil, all of it.

[PrestonSturges]

The Yen craps, the Euro continues to be wobbly, people will be snapping up dollars while the stock market drifts around.TheAutomaticEarth called this about 5 months ago. Tough titty for the gold bugs!

I'm now 70% in Vanguard Retirement Security Trust.
I told people to do this a month ago when the market was at the peak, but I didn't do it then.

of course, the GOP is trying real hard to crush that fund with their talk of state bankruptcy, but with what's happening the EU and Japan, that would probably trigger a global depression.