Today's stock market score card for Draghi

EUROPEAN INDICES

Data as of 2 Aug 2012. All quotes delayed at least 15 minutes.

Symb	Index	Mkt Report	Time	Last	Chg	Chg %
.TRXFLDGBP	Thomson Reuters Equity UK Index		2:00pm EDT	105.71	-0.98	-0.92%
.TRXFLDDEP	Thomson Reuters Equity Germany Index		2:00pm EDT	114.03	-2.39	-2.05%
.TRXFLDFRP	Thomson Reuters Equity France Index		2:00pm EDT	101.97	-2.42	-2.32%
.FTSE	FTSE 100 Index	View	11:35am EDT	5,662.30	-50.52	-0.88%
.FTMC	FTSE 250 Index	View	11:35am EDT	11,076.61	-109.58	-0.98%
.FTT1X	FTSE techMARK 100 Index	View	11:35am EDT	2,309.29	-22.39	-0.96%
.GDAXI	DAX Index	View	11:45am EDT	6,606.09	-148.37	-2.20%
.FCHI	CAC 40 Index	View	12:05pm EDT	3,232.46	-89.10	-2.68%
.SSMI	SMI Index	View	11:30am EDT	6,407.30	+8.03	+0.13%
.SMSI	Madrid General Index		11:39am EDT	644.82	-34.56	-5.09%
.OMXSPI	OMX Stockholm All Share Index		11:30am EDT	325.98	-2.28	-0.69%
.OMXHPI	OMX Helsinki All Share Index		11:30am EDT	5,109.62	-105.18	-2.02%
.OMXC20	OMX Copenhagen 20 Index		11:00am EDT	479.38	-2.22	-0.46%
.OSEAX	Oslo Exchange All-share Index		12:15pm EDT	468.03	-4.96	-1.05%
.ISEQ	ISEQ Overall Index		12:00pm EDT	3,147.65	+4.17	+0.13%
.BFX	Bell 20 Index	View	12:05pm EDT	2,241.60	-47.66	-2.08%
.AEX	AEX Amsterdam Index	View	12:05pm EDT	322.16	-5.55	-1.69%

Source: reuters.com

And this despite Draghi today stating the ECB may "undertake outright open market operations of a size adequate to reach its objective". Yes, it was less than the market expected, but at least it was something. The markets are clearly expecting too much and today's dose was clearly deemed too small. Imagine the markets' reply when it becomes apparent, in due course, that Draghi is unable to do anything at all.