Pre Markets - Mar 26 2008 9:43AM

By: Day Shark Wednesday, March 26, 2008 9:42 AM

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Futures are trading well below fair value and the first test of "the low is in" crowd may be upon us. The test- will the bulls buy the dip and the 50 SMA on the SPX?

In the news- durable goods orders worse than expected and did anyone really expect something else?

MOT splitting in 2- for some reason some think 2 pieces of MOT are better than 1!!!

GS economists see $1.2Trillion of global credit losses with wall street accounting for 40% of the losses;

Gappin Up- BRCM ORCL S ZVUE CSUN PFSW AEHR VVTV AUY GOLD HL HMY AA AAUK PAL MT DROOY LMC TRP AU GFI BHP;

Gappin Down- CCU RF C CSCO COF WFC GRMN GILD JBL CHIC SAI SEED CORS C RBS PFCB MER CIT HBC BAC;

Oil over $102- Gold $942 EURO 1.572;

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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.

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Research Related Stocks: AAUK, AEHR, AUY, BAC, BHP, BRCM, CCU, CHIC, CIT, COF, CORS, CSCO, DROOY, GFI, GILD, GRMN, HBC, HMY, JBL, LMC, MER, MOT, ORCL, PAL, PFCB, PFSW, SAI, SMA, TRP, VVTV, WFC,

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