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Futures are rallying because JP Morgan announced they are pushing up their earnings release. Stupid reason to rally don't you think? Not all bad news is priced into the market. However, the media would sure like you to think it is.

You could always buy a Dell or Bestbuy model and format the hard drive yourself. I recently purchased a Dell E5400 that had Vista Business preinstalled and the first day I got it I erased the drive and loaded XP. In all the process took a couple hours.

Citi may be well capitalized but it is with taxpayer dollars. That makes the equity value ZERO!

Citi needs to start up the propaganda machine again.

I sense jealousy.

There were a lot of OTM puts traded today. So yes, it does matter.

Correction: Citigroup, AIG, and several other company's stock has been worthless since the government got involved. The market is just realizing it now.

I know the big spike down was because of the TAF. My question is raised on that massive swing back positive.

Chart mavens would say yes. Nothing grows at this rate forever. <img src="http://research.stlouisfed.org/fred2/data/GDP_Max_630_378.png">

Can anyone explain this chart? <img src="http://research.stlouisfed.org/fred2/data/BOGNONBR_Max_630_378.png">

I wouldn't be shocked at 750k, a million is stretching it for December but isn't out of the question for January. A lot of the employees that I have spoken with at large companies were concerned about layoffs in January.

Thank bailouts and stimulus talk Fundamentally the economy is getting weaker.

Paulson fat fingered his order. I have already left him a voice message to have the problem corrected. If you want to give him a call here is his number: 1-800-BAILOUT :D

Not going to happen!

Don't worry the government will bail them out.

VIX back to 44

They are needed to stem this slide! The market being down 3% is unpatriotic.

The low index future volume is also a bit interesting.

It is the best indicator today. In the past several weeks even on a big down days the VIX has stayed steady or even declined. Is the phantom rally over? Is this the start of the next leg down? So much for the 35 support level that was being spouted off on CNBC the past couple days...

There are many more to come....