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Robert Marcin said it best. "A desperate company does a desperate deal with a serial acquirer"

Beware hubris.

Good for her.

I don't think they're looking at stocks. Well, maybe peripherally, but its not the main show in town.

Volume has been low, especially today.

I think its going to 8000. That would take it to the value of the Naz in Q1/00. Its a bubble. You will make a lot of money shorting the FXI when the time is right.

I wouldn't short this market if you have a near-term horizon. Longer-term might be different though.

I agree. (Except for the conspiracy part.) The cacophony is deafening. Yet if the data isn't weak, I don't think they'll cut. Bernanke is a big believer in allowing markets to find their own levels without government intervention. Greenspan often let the tail wag the dog. I don't...

Bankruptcy lawyers are up to their eyeballs in work. :p

There's a post on this site that said $250 million was borrowed last week at the discount window. Tony Crescenzi at Miller Tabak said yesterday that the average weekly withdrawal is $187 million, which comes to 0.5% of GDP. Almost all interest rates are keyed off the fed funds rate, not...

It'll be worse. Roger Ailes, when describing CNBC, said "they don't wake up every morning thinking business is bad." If CNBC is Bubblevision, then Fox Business News will be "Pump & Dump TV"

In 1990, when the Fed first cut on July 13, the market proceeded to fall another 20% before bottoming in October. In 2001, the Fed cut on January 3, the market rallied, topping out on January 30. The next day, the Fed cut again. The market then dropped to 43% below from the first rate cut...

To suck all of Cramer's viewers back into the market, then whack them to new lows at another 200 points from here.

The Fed must have woken up, saw the Nikkei plunge nearly 1000 points and thought "calamity"

Its not even free money. Its imaginary money since only banks on death's door borrow at the discount window.

Also Baseball cards Bre-X stock Confederate Bonds Czarist Russia obligations Argentinian bonds c1999 Enron anything Bernie Ebbers checkbook Pets.com stock Albanian ponzi scheme paper etc

Bernanke argued in an academic paper that cutting rates in 1998 lead to the bubble of 2000. Thus, this is an unlikely scenario.

The dollar is a problem. That's why I don't think they'll be aggressive cutting the fed funds rate. The stock market is too myopic right now.

I disagree that Bernanke panicked. He was looking at the money and inter-bank markets, where there were true problems. Having said that, I expect this bounce to fail and we'll re-test - and probably fail at - the lows.

It is psychological. The discount rate is virtually meaningless but there were worries that the Fed was going to stand aside and not do anything. The move today was a signal that the Fed wasn't going to let this happen. There were problems in the inter-bank and money markets. The Fed's job...