Volatility returns with a vengeance as market has massive turn-around rally. The DOW has an astonishing 911 daily point swing and finishes at 8,835. S&P even more dramatic with a 10% intra-day rally and some will say the lows were tested. If so, we could see an off-to-the-races mentality.
Leadership was in severe question for most of the day but GE (300 million shares) GOOG, AAPL and GS all up huge from intra-day lows.
Follow-through tomorrow critical to maintain momentum.
Bear market rallies can be fierce and last for two days or two months.
