T/A ETF AND INDEX

[capt_jmj]

Except that with this cut, they basically told the market, "That's all we can do", and from this point on, it will be on its on. We'll see if that is really the case when the market threatens to throw yet another tantrum if it doesn't get more cuts. Seems to be reacting just that way today, but the Fed can still pump vast quantities of liquidity at the now lower rate to try to keep things afloat. According to The Slosh Report:

http://www.gmtfo.com/reporeader/omops.aspx

they have added a net ~ $7B over the last three days.