calvo's swinging long - monday, page-38

Mong - There were numerous issues that caused the market to fall, and that when put together destroyed sentiment and made the global markts aware that most countries are in some sort of contagion trouble and the outlook is very very troubling for the future.

This has not changed in the slightest. so why have the markets?

Why plunge if there is no fear? If that fear is still there why is it bouncing? Makes no sense unless it is a very short lived bounce...