Only the Unexpected Happens in the Markets

Just to expand on what I said in the Sunday Night Preview on Saturday, November 26: "Only the unexpected happens in the markets." Today is a perfect example. The Dow is up 400 points on the worlds' central banks announcement. Did anyone expect that? No. The media was full of reports expecting the collapse of Italy, Europe, the euro, and the world, in that order. The market dive reflected investors acting on those "news." I feel sorry for all those shorts trapped because they believed their own fears and mistook media reports for intelligence.