Selling pressure had gotten to multi-generational highs.
Citigroup with better news than expected.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a0Ii37swxioo&refer=home
While the exact timing has been unknowable, we are not surprised by this.
Refer to our post from exactly one week ago. The post is below.
http://thecreativedestructionist.blogspot.com/2009/03/massive-selling-pressure-on-s-500.html
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