The fed is doing everything it can to prop up markets - from TAF loans to banks to possibly real estate if they start buying up mortgage books from financial institutions. Bernanke will keep lowering rates if he has to, but he's running out of ammo. People are beginning to post tons of news about the bottom being formed last week. In the end, economic fundamentals will dictate where the market goes, and the fundamentals are still terrible. I'm adding to short positions here. I think we will retest the bottom and fall much further. the risk reward on shorting market around here is great on a technical and fundamental basis. Don't get shaken out!