NYSE Euronext (NYX)

[Not_Bill_Oneil]

Yea, it's getting close...

and the VIX finally moved this afternoon and Bernanke & Co are going to be forced to act soon if some really bad news comes out for an ABK or something similar. Until then, I think they are going to try to hold out.

That said, I'm wary of a turn lasting right now. I think the markets want to see what the Fed actually ends up doing. Some damage has been done now to our economy and this market could go lower as basically a vote of no confidence on the Fed.

But, being short here is risky too. If they do act before the 30th you can get burned again by them.

Tough market.

It would be nice to take some time off now, but, want to be standing by if we get a major move here.

Good Luck Metro.

The NYX news this afternoon should add some more strength to this issue ultimately. They are getting to be a real powerhouse.