Wackage or Wreckage?

Tuesdays as mentioned in the previous post have been a sore spot for the stock market. But will this break prove to be anything more than the previous nine or ten head fakes lower. If you listen to people like Bill Gross of Pimco, the end is always near. Never one to avoid his position, he has been brow beating the Fed over the need to cut rates as Pimco's long bond positions have had to endure hard breaks. Now bonds have rallied, stocks seem a bit shaky, and it all may be enough to turn on the stock disposal. The models are heavy but will run out of gas without big downside. But the tables may have turned a bit. Instead of the bull always being forgiven, it may be the bear's turn to have more opportunities to escape. Of course, waiting to escape from trades is always so pleasant.