Stress

Markets will probably end the day just a little to the upside. Monday the govenment stress tests will be done on all the major banks to see if they would make it through "worst case" scenarios. I think the markets will initially rally at the results of the stress tests. Once the details are hashed out, and everyone remembers that economic conditions remain pragmatic. By wednesday of next week we will know if we are in a 1-3 month bear market rally or a dead cat bounce. My personal feeling is that late next week we will be well on our way to testing the previous lows set on the DOW. Markets don't just go crazy bullish without retesting their lows in times like these.
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