Quote from kinggyppo:
Have a look at this chart and tell me what is wrong with your statement. Hint Bearish engulfing candle.
Quote from opt789:
Let's review. Over the last couple weeks Paulson, Bernanke, and Bush have all come on TV and made announcements that things are bad, they are getting worse, and there is just not much good news out there. Then they follow that by doing absolutely nothing, they imply something will be done at some point, but no action is actually taken. What do think the market is going to do?