The Big Bernanke Bounce was just a little too slick today by half...
It's almost as if the Central Banks of the US and China were WELCOMING the recent "price adjustment" even if it did occur on a so called "technical blip"... Which frankly I'm not buying into AT ALL!
Whatever happen in the market during the so called "crash" was well planned...and happen on outrageously low volume...so low that I question whether it was even real.
THIS MARKET WILL BE STAIR STEPPING DOWN IN A NON-PANIC MODE FOR A WHILE... THE MARKET MASTERS SIMPLY DON'T WANT TO JUSTIFY A 13,000 DOW ON THESE ECONOMIC FUNDAMENTALS...
AND I DON'T BLAME THEM...