Yesterday was all setup for a bounce and then the US piked out....

Yesterday was all setup for a bounce and then the US piked out. I reckon that Spanish bank that got nationalized was just an excuse to ramp the market down. It seems the good news is being ignored and the bad news is being over done no mater how trivial it is.

We have all seen the wolves (shorters) attack a stock when they know something is wrong with it. Remember Babcock & Brown and ABC learning? Didn't the shorters make a killing!

What if some big players know that Europe's big banks are tittering on collapse and they are driving the Euro and equities down to make them insolvent?

If the Euro is worth less then these banks owe more euros. Eventually servicing their debt costs more Euros than what these banks earn.

So, after today, I'm not ruling out the possibility of someone attempting to push over a big domino (a bank) in order to clean up on shorting financial stocks.