Biggest-ever Euro rights issue soon.

Royal Bank of Scotland,Britain's second-biggest bank will seek to raise up to £12 bil (US$24bil).It is also considering selling assets, including a train leasing business and possibly its insurance arm.
RBS is also expected to unveil a writedown of between £5bil and £7bil on tarnished assets, including those previously owned by ABN Amro, the sources said. The bank marked down its assets by £2.4bil last year.
Once RBS acts, other British banks – following in the footsteps of their US rivals – are likely to consider moves to bolster their balance sheets, which are among the most stretched in Europe. Barclays, HBOS, Alliance & Leicester and Bradford & Bingley will keenly watch the reaction of RBS shareholders.

Tracking the Dow on Monday,21/04/08.
9:30am--Bank of America disappointing results spoil the day.The overnight army command post was disabled.Nearly 70.0 points Gap-Down.
10:30am--The fallen heroes were grounded,awaiting medical autopsy.This is the usual time for pullback.Best action to take long position for advancement.
11:30am--All system go,proceed to frontline(the MAV) and shoot at sight.Clear off the path and wait for the next session.
12:30pm--Surveillance time.
1:30pm--Too many resistance fighters,the shooting stars,the hammers at the MAV top.Take a short position.
2:30pm--That's it,enemy fire has cool-off.Build-up long position again.
3:30pm--Hang on for unwinding position for the day.
4:00pm--The closing bell saw a very long bearish candlestick on the back of a graveyard doji.The bears spillover.

The Hangman Doji is holding close to the bull-pivot.It is trying to cover back the half-body of Friday's candlestick.
Today is the beginning of a new futures & options trading month expiring on the 3rd Friday of May.
So they've started the ball-rolling by having a weaker start and projected to close with a higher ending.