It’s quite apparent that a cabal was assembled on February 11th whose purpose was to Completely Break the Spirits of All the Bears, and they’re succeeding marvelously. This morning alone has been a total whipsaw, with the initial surge-and-purge completely faking out dullards like myself. I must point out the Russell 2000, which has been the king of this miniature bull market, is roaring toward the underside of a critically-important trendline.
