Another*s

Dow comes back big today. The gap is 1262.89. Did you catch it even history gave us a little tip?

Here are the top 10 biggest down days in Dow history. The next day, 9 up (three times this year), 1 down.

Among expanded SP500(SP500 plus a few sector index funds, like DIA, QQQQ, SPY, XLE, OIH and RIMM), 87 stocks closed at daily low.

Here is the result based on one indicator (Rebound Index: GSPC will go up or down vs the number of stocks closed at daily low among SP 500) since 2007:

If the number of stocks closed at daily low is >= 30 (occurred 46 times), the next day is up vs down: 33 vs 13, and if it is >= 75 (occurred 18 times), the next day is up vs down: 16 vs 2.

Some economists think the Federal Reserve will try to boost battered confidence in banks and the economy by cutting rates again in the next few days.

What's the downside to that? Here's the next shoe that could drop: if a cut leads to rapid dollar depreciation and commodity inflation, the financial dislocations could lead to a perception by global investors that the U.S. is no longer a safe place to be putting their capital, which could add a currency crisis component to the present financial turmoil.

There are the changes could change your life if you guess right. 

STOCKS
S&P 500 Index: -3.21%

• Top Performing Index Groups

1. Coal & Consumable Fuel Industry +64.43%
2. Oil & Gas Equip and Services +31.09%
3. Gas Utilities +25.61%
4. Oil & Gas Drilling +25.55%
5. Oil & Gas Storage and Transport +25.40%

• Worst Performing Index Groups

1. Casino and Gaming -38.91%
2. Regional Banks -32.28%
3. Homebuilding -30.07%
4. Tires & Rubber -2***2%
5. Thrifts and Mortgage Finance -25.27%

Others: 

1. Russian MICEX: +7.69%
2. Nikkei 225: +7.63%
3. Brazil Bovespa: +6.58%
4. Russell 2000: +1.78%
5. Nasdaq: +1.69%
6. FTSE: -1.89%
7. DAX: -2.30%
8. Hang Seng: -3.27%
9. Dow Jones: -7.45%
10. Euro Stoxx 50: -8.17%
11. IBEX 35: -9.82%
12. India Sensex: -13.95%
13. Shanghai: -21.21%

FIXED INCOME and INTEREST RATES
2nd Euro$: -103 bps
UST 2yr: +111 bps
UST 10yr: + 58 bps
2nd Shrt Stng: -108 bps
UK 2yr: +124 bps
UK 10yr: + 79 bps
2nd Euribor: -116 bps
German 2yr: +109 bps
German 10yr: + 72 bps
2nd EuroYen: - 24 bps
Japan 2yr: + 22 bps
Japan 10yr: + 30 bps
2nd Aus BB: - 42 bps
Australia 2yr:+ 70 bps
Australia 10yr:+ 38 bps
2nd BA: - 58 bps
Canada 2yr: + 45 bps
Canada 10yr: + 27 bps

CURRENCIES

1. Brazil Real: +9.46%
2. Australian Dollar: +4.83%
3. Canadian Dollar: +1.03%
4. British Pound: +0.07%
5. Euro: -0.04%
6. Swiss Franc: -2.08%
7. New Zealand Dollar: -4.17%
8. Japanese Yen: -6.14%

COMMODITITIES

1. Cocoa: +4***9%
2. Crude Oil: +40.16%
3. RBOB Gas: +37.51%
4. Heating Oil: +36.60%
5. Soybeans: +32.68%
6. Corn: +32.35%
7. Natural Gas: +29.65%
8. Coffee: +17.20%
9. Silver: +1.36%
10. Gold: +1.09%
11. Copper: +0.88%
12. Wheat: -3.61%
13. Sugar: -12.49%