Replies to post #61593 on SPDR S&P 500 (SPY)

[Two-timer]

Hi, Learning. My guess is the Fed is using its bullets--namely, the massive liquidity provided by Paulson--to remedy various aspects of the credit/bank problems. At some point, they're going to start throwing out those enormous repos again and the indexes will soar (at least, for a period). Thanks for sharing that info. Two