A very strange day

Jan 22nd 2008; The Fed cuts rates by 0.75%, the Dow drops 460 then gets most of it back, the Ex DA from Law & Order decides that he has no chance of becoming President of the United States, Heath Ledger appears to have died at his own hand and most remarkably Tottenham Hotspur beat Arsenal 5-1 to reach the Carling Cup Final. Not a slow news day.On reflection the Heath Ledger item is sad, very sad. Fred Thompson’s withdrawal is good news as it suggests at least some sanity in the political process, the news on the markets is hard to call but the words ‘dead cat bounce’ keeping ringing in my ears.Spurs beating Arsenal is a matter for unequivocal rejoicing.  

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