Good news starts to trickle in and investors can hardly believe it. Surely it's a mistake. Two days ago, we get a big rate cut and everyone freezes.
Investors have to call home to ask permission to buy something.
Markets hold steady, though. Boom - yesterday all hell breaks loose. Now, this bear market - everyone's poking it with a stick to see if it's really dead. The coup d' grace will be visibility, of course. Today, stocks were expected to pull back some, but instead added to yesterday's gains.