No QE3 or lowering of the fed funds rate... Oh woe!!! But wait, no there is still hope!!! Maybe Mario can save the world tomorrow!!! The S&P must not be allowed to fall! Everyone cheer with me!!! "Mario!!! Mario!!! Super Mario!!!"
What are you talking about? This is the most important thing going on in this market right now. Mario is going to announce how is going to save the eurozone tomorrow so we can continue to rally upward toward 1400SPX +!!! There is still hope for Bernanke to boost the market toward Jackson Hole this month.
More likely that Mario has his hands tied behind his back by the damn Germans and we slide 3-5% tomorrow with an explosion in Spain yields than a rally...