Okay, now that we own Freddie and Fannie the world is all hunky dory, right?  Well, maybe not. I can't tell you how important the next few days are for the equity markets and the financial system as a whole. If this was a poker game the Fed went "all in" first, and that didn't work. Now treasury went "all in" over the weekend. If this doesn't do the trick I'm not sure how many more cards they have up their sleeve. Today was an okay start, but just okay. It'll take a few days for the markets to digest this and inform the Fed and Treasury what it thinks of their "hands". Will the market go "all in" or will it "fold". Forget resistance or support levels. What I'm talking about is much larger than that. We're just going to have to wait a few days and see. I wish I could be more specific than that, but I can't. I was very surprised by the dollar move up and commodities down. There's a lot of confusion right now. Be careful.