YEAH...WELL...YA KNOW...NO ONE EVER SAID THE STREET WAS RATIONAL...
TODAY IT RALLIED WILDLY ON A RATE CUT THAT THE FED PROMISED A MONTH AGO!!
AND NATURALLY FEW PEOPLE THINK THAT A RATE CUT IS WHAT THE STREET NEEDS RIGHT NOW....
LIKE A NAUGHTY CHILD THE STREET REALLY NEEDS A SWAT ON THE ASS...BUT IT WON'T GET THAT FROM THE FED...! BERNANKE WOULDN'T WANT TO DAMAGE THE SPECULATORS "SELF ESTEEM!"
BERNANKE IS THE DR SPOCK OF WALL STREET THESE DAZE...
