Stocks like new FED plan

Stocks were up nicely after the FED announced a plan to work with global banks to prevent a financial crisis. Dow is up 155 , advancers beat decliners 3-1 and NAZ is up 43. All that sounds pretty good, except.... Bank of America (BAC), Wachovia (WB), PNC Financial Services (PNC), Sallie Mae (SLM), you get the idea, all announced much bigger provisions for loan losses not to mention dreary outlooks. In an up day, they're each down 1-2. I really like BAC because they are in the S&P Dividend Aristocrats group but the idea of accepting a very bumpy quarter or two is unnerving to say the least. Banks are the backbone of the economy. When they are doing badly, it doesn't speak well for the rest of the economy.