Big Day Tomorrow: Money From Nothing

Tomorrow is the big day that everyone's been waiting for since about 11 days ago. Ben Bernanke will announce QE3, also known as money printing. If he doesn't, that thing called the stock market will not be happy.

What will it be? Buying mortgage-backed securities? Trading short-term bonds for long-term bonds? Outright bond-buying (pure money printing)? Buying stocks from the S&P 500 (Japan does it)?

Source: http://www.calculatedriskblog.com/2012/09/qe-timeline-update.html
Source: http://articles.marketwatch.com/2012-05-08/markets/31609040_1_etf-stock-market-central-bank