No, I see manipulation, and a MASSIVE Fall
Market is seeing institutional liquidation into this jam. I tall to ex Fido colleagues, people at Putnam and MFS, hedgies and VCs,- IT'S ALL ABOUT EXIT STRATEGY.
As reported, exited all longs yesterday after 3pm. Still short or put Homebuilders, COF and MTG in derivatives, LTL carriers EXPD and USFC, and selected tech, esp RIMM
Open Kimono- market is gonna get crushed VERY soon IMHO