Whipsawed

Well, it looks like those losses yesterday might be made up today. Just when everyone thought the market was looking to head lower, we get more fed action and a huge spike. All of the momentum names such as GOOG, AAPL, MA have already reinflated prior to the opening bell. If today closes strong then we're probably looking at heading back up to the previous highs on this action. If we can't hold the gains though, we're in pretty big trouble.