Is tonight the night the US markets really fall apart?

[barnz2k]

opened close to 3% up tonight?? But now back to 1% even.
Coul continue all over the shop again for rest of the day. If its strong before close will be good for uson monday.

 

[Smurf1976]

What does the Fed know that the rest of us don't?

I'm now even more concerned that we'll soon be hearing about someone big in trouble. Either that or the Fed's actions are seen as the only way to keep them out of trouble, at least for the moment.

The other thing that usually is exposed after a boom is some type of major fraud. It's easy to keep things hidden when everyone's making a fortune in the markets. Not so once the music stops and odds are someone's done something they shouldn't have.

 

[insider]

hmmmm... seems like they are doing two steps forward one step back

 

[resourcesman]

I think its a symbolic move, to tell the market that they are watching and will react accordingly. I reckon its meant to calm the market a little