So Tommorow Morning on Wall Street...What????

[rsmith6621]

.....The Feds pulled a rescue Rabbit out of the hat today by surprise.....So what will happen after the opening in the AM...


a Rally Upwards.....or further decline...

[mudesi]

1. Probably a rally

There will be a couple of weeks of buying before the down trend continues.

[2hip]

3. I concur - nt

              Edwards '08 tees!

[jayfish]

6. Possible Record?

You know, just to make everything seem peachy.

Jay

[lapfog_1]

2. Probably will wait for more economic news

the current crises / recession is priced in, along with a stimulus (Fed cut rates again).

If the stimulus isn't effective in staving off the recession, we should know in a few months.

If there is more shoes to drop, as they do, the market will react.

Tomorrow, probably nothing, possibly some minor gains as folks digest the rate cut. Up a few hundred. Still, investors are nervous.

[Warpy]

4. I see nothing but a general down trend until Stupid leaves office

and his tax cuts to the richest are rescinded. That's the one thing that will start to get this country back onto sound fiscal ground and that's what is going to happen before anybody starts trusting the Wall Street casino.

In any case, the Dow is still overvalued, even when the inflation they've been lying about for 7 years is factored in. It's got quite a way to fall before it hits a more rational level.

Now aren't y'all glad you didn't buy his Social Security snakeoil?

[ladjf]

5. "Stupid" falls short of describing *. An unmitigated disaster might

be more accurate.

[razors edge]

7. Today we ate seed corn,

tomorrow we begin walking the decimated milking cows to the rendering plant.

[JFN1]

8. Hey it worked for the Germans in the 20's...

Oh, wait...