the last time this kind of thing happend, the DOW actually...

the last time this kind of thing happend, the DOW actually finished slightly negative for the session.

can't see that happening this time - but, ya never know.

what the fed has done is really great short term, but totally disasterous long term. can easily see the DOW heading down below 10,000 pts again medium term.

what they've done will feed inflation like wind and dry forest does a raging fire, it will also cause oil to rise (again adding to inflation).

It may well spark a depression rather than a mere recession.