Tuesday is in the orange, or red, whatever color it is on your screen there. That is the last hour of trading on both of those days, and it traveled about 3500 points monday in just the last hour of trading, down 1600 points for a time, and then a 500 point or 900 point swing yesterday. As you mentioned, we had a big swing in the last few minutes here well see. Anything happens in the final hour of trade. More from bob on todays move, bob . Reporter other things moving things other than the volatility index today. We were tooling along at a narrow range likely to the upside, and 1 00 hit this is the screen we have up here at 1 00 you can see we started moving down there on the heavier volume two things happened at this time we got a budget deal that implied greatly increased deficit, and we had a soft twoyear auction whats the effect . The effect is bond yields moved up this has been a problem in the past, but, particularly, the levels were at now, so bond yields moved, put up the teny
Qaeda back . Or were the Embassy Closures and the terror alert misguided . Well take a look at those questions and examine al qaedas new stronghold. And well ask the last man to try to achieve peace in the middle east whether the current attempt is worth it. Ehud barak, the former Prime Minister of israel, weighs in. Also president obama cancels a summit with russias president putin. What is up with the russians . Finally, before and after. A stark reminder of the ravages of war. But first, heres my take. The Obama Administrations warning about a possible al qaeda plot against american interests in the middle east has triggered a volley of attacks back home. For those who always suspected president obama was somehow soft in fighting the war on terror, this was vindication. The weekly standard, fox news, the wall street journal editorialists all piled on saying that the president had claimed al qaeda had been decimated al qaeda is on the run and we got bin laden. But this terror warning
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