Another baby gets thrown to the wolves
"Stocks jump as financial-sector fears fade. Goldman, Lehman earnings beat expectations, Fed rate cut eyed."
Is there a pattern here? Stocks fall, the interest rate is dropped, DJIA rises for a couple of days. Stocks fall again, and the Feds print more money for the banks and hedge funds. Stocks rise for a couple of days, then fall again.
And we go through the process all over again. About 5 times now. Was there any guarantee the market couldn't fall? And how many babies are there to throw?
Arf