High Anxiety Week predicted for Wall Street

Interesting update from Reuters on the expected week to come on Wall Street:

The U.S. Federal Reserve provided the banking system with a total of $38 billion in three separate moves on Friday, the largest amount of liquidity since the days after the Sept. 11 attacks six years ago, adding ample funds for the second day running as financial markets fretted over credit conditions.

The Fed also took the unusual step of making a rare statement after the first operation -- the first time it's done so since the Sept. 11, 2001, terror attacks -- in an effort to calm investors' fears.

"Depending on the level of credit stress next week, you could see more liquidity injections. The Fed has already shown that if they have to, they will," said Joseph Quinlan, chief market strategist at Banc of America Capital Management, in New York.

Will that be enough to quell some of the skittishness of the Market will be discovered starting at the opening bell on Monday...