From Carl Futia's blogspot; feel free to distribute.
![http://4.bp.blogspot.com/_sL6ril9lDkw/SSbEvXHex2I/AAAAAAAAA60/abzo0Rqve9c/s1600-h/081121+NYT+page+1.JPG]()
Here is today's front page of
The New York Times. The emotional tenor of the headline and the article is visibly more fearful than
yesterday's. Typically headlines like these are seen within a day or two of an important low. I think this one will be no exception to the rule.