It's a pattern that's become common in the last few years. Fund mgrs pile in - although in this year it's been more like a gradual slide, LOL - because this is their last chance to pump up ROI to ensure not only their bonuses, but continued employment [grin].

Virtually every day has seen light volumes. This exacerbates the market swings.

The fund mgrs who don't believe this market has real 'legs' will start pulling out after Thanksgiving. Still very few signs of increasing revenues, although massive cost-cutting has enabled most companies to beat year-over-year earnings estimates. But as we all know, those estimates were deliberately set very low to start with.