The New CS Board

[jumanji0881]

I would certainly like to see the bounce continue another day or two so I can add to short positions. One thing is for sure: virtually everyone (except staunchly bullish stock brokers) realizes that the economic "recovery" is an illusion which only exists because of the Fed's monetary support. And most are prepared to rush for the exits at the hint of that support being reduced or removed. The global economic conditions are only worsening, not improving. And the US will be negatively impacted by what's happening in Japan, China, and Europe. Once this ball starts rolling downhill, it will be difficult to stop.