The Fed Funds are now priced at 5.25 after adding 19 Billion. They are calming the market and can do more if they wanted. Countrywide are hinting they are in trouble so we shall see what happens. I find it odd GS and ML did not show many sub prime losses in the quarterly. Still more shakeout ahead.
Hey, they got Victoria’s Secret models on the floor of the NYSE. RallYYYYYYYY!!!