DOW drops 560 points in 2 days..."on Fed fears"

You mean, investors are worried that the Federal Reserve will stop shoveling cash into the Slop Market?? Could it be people have realized that this is all that's holding up the economy, fattening the rich faster than ever?

Merrill Lynch,MorganStanley vs Bernanke 1/4%

Bloomberg.com sez:
Dec. 10 (Bloomberg) -- The U.S. will slip into a "mild'' recession next year, Morgan Stanley said in its latest research, joining Merrill Lynch in predicting a downturn for the world's largest economy. "A mild U.S. recession is now likely, with no growth for the year ahead,'' Richard Berner, chief U.S. economist for Morgan Stanley in New York, said in his weekly note to clients today. "Financial conditions are tighter, the weakness is broadening into capital spending, and global growth is slowing.''

Bernanke and crew duly allowed the equity market to assume they would act boldly to stave off dollar losses...but then wimped out with only a quarter-point cut. Dow drops along with investor confidence. Back to reality, guys: the Fed always keeps one eye on inflation.

Deef's Recession Probabilty: 100%

Not Over Yet (Part II)

David Wyss, chief economist at Standard & Poor's says:
"The panic has subsided but the housing market has not hit bottom yet. It will not hit bottom until winter. Housing prices won't hit bottom until next summer and the losses won't peak for another two years, until 2009... We are not halfway through this crisis yet."

SO who's "goosing" the Dow back over 14000 ??? Are there really optimists out there, or just
opportunists?