Can you say Melt Up ... Dow Jones up 1620 at this moment from Friday's low

I wonder how far this will go before profit taking and the return of the aggressive sellers takes it down again? In this state, the market speaks pretty clearly as noted somewhere below about Friday's reversal and gold ditching, the rally is not surprising ... the extent of it is and the out of control buying since 3 pm ET today definitely. At this rate GWB will be declaring Victory again tomorrow morning.

For the Reality Based Community, there is a maxim amongst traders: Volatility at the turning points. The volatility here will be dimensioned by the high of this rally and Friday's bottom. A huge range that could be traversed several times. It will then take a break of the extremes of that range to set the next direction. Either way will be HUGE ... so we are getting set-up for even more volatility. Must be a way to spend that.