Gains continue

The market continued its rally from yesterday right into Wednesday. The Fed move "pushed some cash off the sidelines into the game, and that's good," said Michael Murphy, president of Piney Run Partners. Many investors are not sure that this will get the real estate market moving. Morgan Stanley posted a 17% drop in fiscal third-quarter net income, as a $940 million writedown on leveraged loans hurt its bottom line. Crude oil rose 42 cents, as it pushes higher and higher, I'm not sure it will slow down anytime soon. DJIA +76.17 Nasdaq +14.82 S&P 500 +9.25