And so the waiting game begins this trading day.  Bernanke and his crew will discuss the status of the economy around 14:15 EST today.  Most investors expect a rate cut of at least 25 basis points, or 0.25%.  Until the FOMC speaks this afternoon, I’m sure the market will behave almost identically to yesterday’s action… pretty much no action.  Although the market sold off a bit yesterday, volume was light.  To be honest, it felt as investors had to trade because it’s their day job.  If they had the option, I’m sure most would have taken the day off.  Expect light traffic again this morning until the rate cut is announced (or not announced, which would just be plain bad).