The last hour could see everything go -green–the DOW was down only 200 and the trannies were up 33 pts=that’s 540 pts off the days low…now the DOW is down 256-it was just down 380 a few minutes ago..when a steep sell off bottoms there’s lots of disbelief and yo-yo business before the indexes all turn up–
the 10 yr and 30 yr are red by 5 or 6 bps…tranniees down only 14…