CHAS, ISM data in USA better than expected, so everything rallied. Bloody joke, eh! One eedjit's take on 2003:
"When you get questions like this, it is surely a sign that the bottom is near. The advent of war in Iraq, which now seems all but inevitable, and possible further terrorist attacks on the West could be a catalyst. They may prompt a final sell-off before the new bull market begins. I think the new bull will begin in 2003, but do not expect any fireworks. The likelihood is a] a sharp rebound from any sell-off and then b] a very slow gathering of steam over a period of months and years."