Friday's Pre-Market

The market is expected to open slightly higher today after two days of bull slaughters. According to AP news:

Overseas, the Bank of Japan kept interest rates at 0.25 percent. The dollar continued to gain ground against the British pound after recent turmoil from Tony Blair's announcement that he will step down as prime minister sometime in the next year.

Sterling weakened 0.2 percent at $1.8718, the yen was steady and the euro edged 0.1 percent lower.

Crude-oil futures continued to drop, hovering around the $67-a-barrel level in electronic trading.

BP indicated it could get its Prudhoe Bay pipeline in Alaska pumping at full capacity by the end of October, if the U.S. government gives its alternative pipeline plan approval. BP shares rose in London.

Overall we should expect a better trading session today. Today's big movers to the upside: (GROW), (SIMO); to the down side: (BRCM), (SHFL), (FORM)