The Federal Reserve, in a second day of action in concert with the European Central Bank, provided $38 billion of reserves and pledged further funds ``as necessary,'' in a statement unprecedented since the aftermath of the Sept. 11, 2001, attacks. Bloomberg, Aug 10If all the help from Fed did not fully revive this patient,
the patient needs a strong dose of chemo, not demoral.
sooo. . .this helps build a case for a possible run at new highs soon