Yesterday's 9k point run up on the NYSE, was folks buying bargains, after Friday's fire-sale of pension plans selling off stock to move into Treasuries.

I work with about 100 people; Thursday, we all awaited our quarterly TSP statements, to see what might have happened to the "C" Fund (Common Stock). The statements got released Friday, and we all took a hit; all said we'd moved out of C into the safer G-Fund (Gov't Securities). If that pattern held through the country with Fed employees and the Military, and if other pension plans did similarly, that might explain the Friday dip and Monday spike - or part of it.

Of course, our politicians and bureaucrats say it's because 'the market' trusts 'the plan', which hasn't spent a dime so far, after telling us to hurry up and approve $700Mil, or we'd never retire and lose our house and car.