* What will the Fed do? * Going into the fryer? * Trichet tries to cool the jets... * India raises rates 50 BPS! ** FOMC Day! Good day... And a what should be "Wild" Wednesday to you! This is the day the Fed's "true" colors come through in my opinion. The markets were all fired up a couple of weeks ago, and the air in their balloon has been slowly let out up to now. But today, we'll see if their balloon get re-inflated or goes "pop"! You see, today is the day the Fed's FOMC meeting adjourns and a rate announcement along with a new bias will be the order of business at the end of the meeting. The Fed Heads normally eat their lunch, which was probably packed in brown bag consisting of a baloney sandwich (since that's what they normally spew is baloney!), some chips and ho-ho's... HAHAHAHAHA!...