Pre Market - September 17th 2007

The situation in the United Kingdom continues to get worse. Long lines of customers are waiting to withdraw their money from NorthernRock. The UK market is down and this action is weighing on our futures so far this morning.

We see the situation in the UK as having the potential to spread and we must watch the outflow from NorthernRock.

There is no significant events in our markets at this time. Futures responding in the most part to the action overseas. We are remaining in cash for now.