A short in financials should have been a no brainer today... right?  I am curious what Heebner's fund did today... probably not good.  WM soared (+16.76%) and energy/materials tanked.

Jamie Diamond gave a nice speech, but it didn't really change anything, did it?  He said the mortgage security market was not totally dead, but could get worse.  We know that the Fed will keep their window open after year end, if the market is still a mess... it's good that it may still be a mess at year end?

Wierd???  Was there any volume with the surge?  This a short covering rally?

erryl