Coming Week: Bull Charge

Bianco is suspicious of such proclamations. He says that given the pronounced swing in sentiment from August's liquidity crisis to the current rally, it seems the Fed's latest cut had a lag time of about 30 seconds.

"The Fed cut for the exact reason Kohn says they didn't do it," he says.

The minutes should also offer some answers on how worried the Fed may be about the continued weakening value of the U.S. dollar.

Next week, the economic data include retail sales, which are expected to increase moderately, along with measures of producer prices and consumer sentiment, which are also expected to gain slightly.

Earnings season gets started too, when Alcoa(AA Quote) reports after the closing bell Tuesday. Costco(COST Quote), General Electric(GE Quote) and Sallie Mae(SLM Quote) are also on the calendar next week, among many others.