Volatile Times

What a difference just a few hours make. Sometime around 11:00 AM the Dow was down some 400 points. Then it rallied 800+ points and closed up 401 points for a gain of 4.7%.

Again, the ursine beast is camouflaging its true intentions. Will it retreat now and hibernate this autumn and winter? Or is it just hiding, in order to pounce and devour those market participants drawn in by perceived bargains?

Time will tell how the drama unfolds.