if the global story gets worse and not better in the next 12 hours, then look for, as karen and b.k. noted, that whoosh to the downside you don't want to have it go green premarket because then it's set up to fail. you want to see a whoosh to the downside, up want to see a red-free market. and then in the first hour and a half or so, but look for the european close around 11:30, see where the markets are. if they're rallying back into that european close, odds are they're going to rally the rest of the day. >> and by the way, totally random but not interesting but important is tokyo is closed today, it was the emperor's birthday holiday so we can see a wild open on the ne nikkei tonight we will have a special later tonight. >>> and bank and financial stockholders, is bond yields continuing to fall, which could slam earnings at big banks it's a warning warren buffett acknowledged would be difficult for the sector here's what he said about it earlier today on cnbc -- >> the banks are going to make more money if there's -- there are higher rates with a steeper curve. the curve is more i