http://www.bloomberg.com/apps/news?pid=20601087&sid=afwwP1rDSh10&refer=home Seems to be a fairly substantial package and will put a floor under the market. They have been talking about it since Nov and seriously in the last few days, obviously this was known by the smart money players which is why we didn['t see capitulation today and why there were willing buyers in the face of all the bad news. Also explains the weird Vix. Bernake will probably give follow up punch with a significant rate cut, at least 50bp. Massive rally and then down we go again once people realize that we can't spend our way out of the mess we are in.