The central banks intervention should have sparked a massive rally

But it hasn’t. The Dow has fallen back. A couple of months ago, a massive intervention like this would have had the Dow soaring. But those days appear gone. (It could still rally, but really, the intervention doesn’t help the cratering financial sector much, easier access to loans doesn’t cure insolvency.)

Update: Well, it sure did rally. Can’t see how it will last long though.

Cramer is now blaming “financial terrorists” for the financial crisis. Oo-kay…

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