Why do I get the feeling Paulson is trading Forex today? We've already seen the government is more than willing to interfere with our markets.
Looks like a weak kickback rally today (the percentage moves seems impressive at first glance though). Very little volume. Last day of the month sector rotation perhaps. When the bargain hunters appear after each big move down, it makes me feel like we still haven't hit bottom. When people are thoroughly disgusted with stocks, that will be the time to buy for the long term. The VIX seems elevated lately, probably because of the short selling rule. I think options activity has increased to get around the shorting ban. We don't normally hang out above 30 for several days in a row.
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