I think since the assets of so many pension funds, insurance company and banks are tanking in the markets the government will make an announcement of some type that will rally the markets. They've had no problems changing the rules in the middle of the game so far. This will accomplish a lot: 1. It will buy time. 2. It will make most people feel better. 3. If it lasts long enough it will make 1st quarter reports look much better.
Just looking for a ride. Don't care what kind of car it is as long as it runs.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.