Mr.G

Stock Market to Bernanke: Hints Aren't Good Enough

tim dont be surprised if by friday markets arent open for trading and bank branches are temporararily closed w/ limited atm withdrawals - the last rate cut did absolutely nothing except increase the spread - this new global one will do the same - (lets see how long it takes the street to figure this out) - I expect the fed and the treasury will stop time(close themarkets) and catch up and fix some of the very screwed up fundamentals in the market - they will stack the deck so that when the market reopens it will climb instead of dive -it will then remain in a much smaller volatility range or channel for a very very long time -but stabilisation is much better than the rapid declines we have seen -