[ilovesarah2012]

I don't get it.

[Bean Counter]

If you see a machine that is oscillating as wildly as the Dow is, step away as far as you can because it is about to self destruct...

[NVDave]

The Fed just said that they’re going to pursue ZIRP for an extended period of time, thereby signalling that money is going to remain cheap and leverage will be easy to come by.

The markets were sold off so hard on Monday that over 80% of the stocks listed were trading below their 200 day moving average, and the VIX was over 40.

I bought with both fists. Depending on what the overnight action brings, I might be buying more tomorrow.

[Sacajaweau]

The market has no place to go...I predicted a no change on Monday...and between yesterday and today...not much.

If you take all your money out, the only place is the mattress...or the store. No one is giving up their cash yet.

Banks are going to have to backtrack on some of their fees.

[Ingtar]

PPT in action?

[brownsfan]

“I don’t get it.”

Reality sinking in? The temper tantrum by investors is over?

Just guessing. But, could it be that the plunge was investors being disgusted over the debt deal, and then further disgust over the downgrade. So, after the smoke clears, you have reality setting in:

There are bargains to be had.

And where are you going to put your money? T-Bills? Really? Europe? Asia? How much gold can you buy? For the bigger investors, all gold is not an option. Back into the market.

[Perdogg]

three dissenters on the fed board to QE3; including inflation hawks Fisher and Plosser.

[pepsi_junkie]

Probably the small fish panicked yesterday and the big institutions swept in for some bargains today. The question is can it be sustained. In the near term, I think not. I was hoping for an opportunity to sell some things on a bounce, got it today but didn’t sell in time. Will see if market is stable tomorrow, unless it gaps down dramatically in the morning, I will make my move.

[Calusa]

I don't get it.

I think those NYSE trading floor ffulks with the funny jackets ought'a stop playing wid demsselves an getta life!

[FightThePower!]

That my friend, was the PPT in action.

[LibLieSlayer]

Tarp cash has to make more money for the prostitutes that obama gifted our money to. At the next crisis... soon... they will call another downfall into play and reap the benefits again... but the danger to them is when to get out for good... and they are greedy... they will not be able to leave the market.

LLS

[throwback]

Anticipation of the next crack hit dealer Ben is pulling from his bag.

[Logical me]

I don't get it.

Paper money on way.

[lucky american]

It was like watching at the end of an auction on Ebay.

An the winner is......

[fortheDeclaration]

I don't want to hear any whining when it goes back down!

I believe the drop in oil prices was the main reason the rebound occurred.

[tobyhill]

“Sal Arnuk, co-manager of trading at Themis Trading. “It seems like the Fed doesn’t know what to do and they’re running out of clever ideas—that’s what pulled markets down. On the other hand, we have fairly cheap equities.”

In other words, we are a ship without a captain and are just drifting along waiting to see what we hit.

[stocksthatgoup]

Fed statement to keep interest rates near zero for at least two more years. (translation - We will print money as needed.)