Indexes are somewhat quieter this AM with what would be called modest gains of 150 in the DJIA as of this post. Bernanke speaking today said he was not adverse to another stimulus package to help the public through what is generally viewed as a tough year ahead.
Oil has gone beyond the 50% retracement of the rally so any additional downside will be limited.
Markets should begin a process weaning off of volatility as the month draws to a close although trading ranges will remain historically wider.
