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Great point. Your are one smart dude.

After seeing the wreckage in Asia and Europe, the Fed created a plan one and a plan two (backup plan) for saving the stock market on Monday night. Plan one was to save the stock market with a surprise rate cut. Mid day today that clearly wasn't working. So the Fed went on to plan two...

That is the truth. If anyone knew better than to do what Bubblespan did it was Bubblespan. If anyone knew better than to do what Bernanke did it was Bernanke.

Who is on the PPT? Is it just the Fed? Or does it include others like Goldman etc?

The Euro is a bubble

Greenspan created all of these problems and now poor Bernanke has to figure out a way to clean this huge mess up.

Has there ever been a global stock market meltdown on a day when the US markets were closed for a holiday? If so when did it happen and what was the outcome when the US market opened?

Nikkei "worst two day drop in 17 years"

Trading will be haulted again if it is down 15% after reopen.

A stock market collapse would not cause a recession. But a recession may cause a stock market collapse. There will be no rate cut tomorrow because Bernanke does not want people to think he is trying to manage stock market returns.

Why isn't gold going up during this global stock meltdown? I thought gold is where money goes when people are scared...

The Euro may be a bubble.

But it will be a long night. Especially for traders that will be glued to their screens all night! Anything could happen. Even something bullish.

Another possibility: Asia and Europe recover overnight and the drop in the US tomorrow isn't that bad.

When does Globex re-open?

Real traders know that different methodologies work in different environments. Many strategies that were printing money for the last few months would have created nothing but losses the last few days.

Not for long!!!!!!!!!!!

If it is not too proprietary what if anything can you tell us about the methodology you are using to beat the odds in the forex game?

If you owned a casino, and 95% of the people that came to gamble in your casino lost money, would you hedge that? Only if you are a fool.

99% of retail forex traders lose money. Human beings are psychologically programmed to fail at trading. Bucketshops are not brokers they are taking the opposite side of your trade. They know 99% of the undercapitalized wanna be's that trade against them will lose. So the bucketshops are...