9:48 PM PST
For now the futures are pointing up.
Tomorrow we could a 100 point gain the open.
We have no idea how the market will trend as time goes on.
Next Update at 1:00 AM PST.
When premarket begins we will have a sense of how FRE and FNM are moving.
Big moves like this always take place about 12 hours before the open.
Same with Bear Stearns.
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