I hope it continues. 23 Days until next scheduled fed action, hopefully it crucifies some of the welfare queens. Ahhh, who am I kidding, only muppets will be taking the brunt of this one.
UPDATE: An enterprising ZH Commenter summarizes now that the
trading day is over:
In one day the muppets get fucked thrice. First with the flash crash in the morning, then the rebound which collapsed from midday onwards, and lastly -- just to really, really rub it in -- the Fed did the usual stick save only for that to collapse 15 minutes later.
