[laxcoach]

One has to wonder if the fed has buy orders (via bank proxies) positioned for situations like this. That rebound was far to sharp and hit immediately at 10k.

[dennisw]

One has to wonder if the fed has buy orders (via bank proxies) positioned for situations like this. That rebound was far to sharp and hit immediately at 10k.

Fed just has to be intervening. They want to protect all their bailout schemes they spent so much time and energy on