THE FED FINALLY REALIZED THAT THEY COULD NOT "SAVE THE BANKS" WITHOUT SAVING THE STOCK MARKET...
THAT'S A DONE DEAL... NEW MONEY WILL POUR FROM WASHINGTON ALL OVER THE GLOBE AND WALL STREET WILL BE AWASH IN NEW LIQUIDITY...
IT IS A GAMBLE...THERE IS A DANGER THAT SMART MONEY WILL RUN TO THE EURO, GOLD, OIL AND OTHER HARD ASSETS THAT ARE OUTSIDE THE US...
BUT FRANKLY BERNANKE HAS LIMITED OPTIONS NOW...AND THIS MASSIVE PROMISE TO SAVE WALL STREET WAS HIS ONLY CHOICE....