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Rare Friday Decline On Day 1 Of QE-2

The stock market indexes are selling off sharply today  in a broad based decline. The sell off comes as the Shanghai Index sold last night by more than 5.00 percent and the Irish debt problems escalate to levels unseen before. The decline in today's market also comes on a day when the Federal Reserve Bank (central bank in the U.S.) begins its quantitative easing (U.S. Treasury buying) operation. There is still an hour and a half to go in the trading session and we can only wonder if the powers that be can drop the U.S. Dollar Index enough to inflate this market off the lows. Stranger things have happened when it comes to the stock market.