At this point, the more the fed or treasury does just creates more fear. They should just STFU and do some rational things quietly. Their noise today just spread more fear and panic, and further put pressure on European and Asian Central Banks.
Some fucker bumped a Black Wednesday thread which un-coincidentally marked the exact bottom. So, looks like we close up..., or at least off the lows.
This is an extreme meltdown. Nearly every market around the globe is collapsing. This could be the end of any trust that people had for wallstreet, this is where market psychology changes FOREVER.
Sound all alarms ***RRRRRRRRRERRRRR*** ***REEEEEEEERRRRRRRR*** ***RERRRRRRERRRRR*** Collapse is imminent....... DIVE DIVE DIVE.... capitulate....
The PPPT (Pokemon Plunge Protection Team) tried that in Tokyo today, and, well, I'm sure you know how they ended up...