Since opening this Monday, the bulls have taken flight at Dow Jones and the index is descending steadily towards March lows of 11850. As I mentioned before, if investors can or are willing to hold the fort here, we can look forward to a sustained upswing for the next week or so, barring unforeseen disasters.

AAII and II sentiment numbers continue to show bearishness among market participants. Whether its the media and/or consumer sentiment, market participants are feeling the same way about the market. AAII saw Bulls at 30.37% and Bears at 48.69%. While II saw Bulls at 37.8% and Bears at 38.9%.

Who is going to prevail? The Bears or the Bulls?

The financial sector led a furious stock-market rally Thursday, with banks and brokerages snapping back from a deep selloff a day earlier, while commodities prices continued a rapid retreat from record levels.

With the amazing price action in the markets today you might just be suffering from motion sickness. The Dow traded today in a 600 point range... that's right it was down over 300 points at one time during the day, but came back and closed up 298 points in a flurry of short covering and long term bulls.