Study This Chart, from Victor Niederhoffer
All students of the market should study this chart. Of today's movements in bonds. A classic. After two previous terrible declines to minimorums. Hats off. Very well done, Ms. Market.

Craig Mee adds:
I see the attempted rebound, and quite fast subsequent clean out of these early longs… should I be also considering something else?
Vic replies:
Much ground covered. Many attempts to create consternation and capitulation.
An anonymous commenter adds:
If you scroll down to "wildlife in action" and watch this video, is this the same phenomenon?