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If you call that frightening, you have problems. The deal reached by the FED has very little impact on equities right now. Interest rates were more relevant. Today's little gap was just a blessing in disguise for those that didn't get in before yesterday's fall.

LMAO..... All these guys are going to eat each other up. Sharks trying to eat sharks.

The question is why do they have such a short-term outlook on things. Give it 6 years and let it work itself out. I mean trying to save off the recession of '08 isn't going to be the least bit helpful in the long-run. Just want to make things worse I guess.

Exactly. But we're talking about equity traders here. Not the most intelligent people.

Gotta agree. Im getting tired of all the games. Announce this shit in one day and get it over with. This is about the craziest thing i've seen. Markets fall 300 points and they come out with this. What are they trying to prove? Hope the next set of ARMs take out the whole system.

Guys...the markets going to sort this out. Bernanke's heading on a path to destruction. If we dont get the USD situation under control, we're going to be in some serious shit. Bernanke should have said fuck off to the big boys today and risen rates 25 bps to support the dollar's...

From past experience Laser usually gets slow as hell and begins to mix up bids and asks on the Level II. Just gets all crazy From my own personal experience tho. Others may have had different results.

lol. Even though you have found a possible edge....trading it live is another difficult part of the game. But you're definitely a step ahead of 70% of the other idiots on this site. Nice job. Congrats on the call Dig. One of the few posts around here I actually found interesting.

Being able to read the tape and market breadth can be a huge advantage. EXACTLY. The sad part is that most people dont understand that "x" minute candles are forged with "inaccuracies". Tape-readers and even squak box guys have a huge advantage on these people.

Thanks Bernanke. You saved the day on this one. Weekly Trendline held. Solid day today. -300. Congrats anyone who traded short today. Obviously was a rally blinded by pumps.

Well sweet. Tomorrow you should see a new bottom. Consider averaging down then. In addition, you may want to learn how to read a balance sheet. I mean....to make money in this game you should probably do at least a little homework. Solid day today huh? ;)

Anyone who went long ahead of the announcement got what they deserved. Panic selling brought the market down today after the initial rush.

Nice call!! Made out nicely today. Longs need to start using a little common sense.

No way. The market was barely off of new highs. You're the one that's clueless. Those people got themselves into trouble. It's time to dig themselves out. It's not Ben's responsibility to do this for them.

LMAO!!! DOW - 300. Good day today I imagine. Are you stupid?!

I enjoyed that article

haha. Tomorrow's game day. What else are we going on here? Coin flip until that news is released. Fundamentals trump tech. anyways.

UBS announced write downs and S&P futures are down 5 a/h. I hate to think you're really that stupid but I have no other choice as of now. :(

Saw this coming

Why not 10 or 11?! I mean maybe Bill Gates will buy them and include E-Trade with their Windows package next year. I dont mean to be rude, but have you glanced over a balance sheet before? Instead of giving me your 'opinion' which is quite laughable why dont you tell me WHY etrade is...