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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?