high volatility rally, high risk with foreign debt bank bailout.
DOW 1000 point rally to 9443 with foreign debt bailout bank - "C". Oil jump 10%
Housing inventory up to 10 months backlog. Markets close at resistances after reversing from Fri low, e.g. Qs 25.
We now gave SPX 120 points 15% up and DOW 1110 15% up in 2 days.
Market actions like this is unstable and dangerous environment which is showing high volatility.
SPX 25 points 3%, DOW 265 points 3% Drop in 10mins going into close.
Market volatility is unbelievably risky and dangerous.
It's fool's chasing after 15% rally in 2 days trading in lighter volume, so, taking profit after big gain is smart move.
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