We could see a strong advance on Wall Street Thursday provided that nothing blows up. Ben Bernanke goes to the Senate banking committee for some give and take and old fashioned testimony (yes, the charade that the Fed is accountable to politicians). My cynical view is that the powers that be won't tolerate any sort of a selling binge while Bernanke tells us the usual little lies (great Fleetwood Mac tune). Up 100, 200? Who knows, but I sense the stars shall be favorably aligned. If the market falls apart it would be an "OMG" sort of happening. Underneath Bernanke's nice suit is an outfit with a cape and the words "Captain Economy" emblazoned on it. Bernanke will tell the lawmakers that he and his cadre of flying monkeys at the Fed will do what it takes to prop up an ailing Mr. Economy. Dom Deluise would be proud.
EDIT: 9/30... THE IDEA WORKED ONLY UNTIL ABOUT 9:50. MARKET HAS SINCE FADED.