MARKETS IN RALLY MODE AT LUNCHTIME

Work a double shift so im squeezing in this post. Dow up 250 and mlps up 5 on the index. Both are off the highs of the day. Rally is no surprise here after unrelenting selling. However if we close higher i would suspect we will see this rally sold into.

BTW i've decided we need to get extreme before we see a bottom and maybe, just maybe, it will come with a one handle on the 10 year. 2.02% is the 2008 low. Can you imagine what the stock market would look like on a day when we go to a 1 handle on the 10 year?