Another day, another light volume bear raid. I don't know why it surprised me. I really don't.

Lots of people had turned bearish, too bearish, and acted on it. Someone made sure, beginning in the futures market, that they paid the price. Was it Goldman Sachs? Who knows, but I wouldn't doubt it.

Goldman made most of their profits last quarter trading their own account. Look at a daily chart and see if you can tell where it came from. This is the fourth low volume, short covering rally since August. They all look similar, especially the last three. They all initiated at the beginning of the month after higher volume weakness. It's just interesting, that's all.

So here we sit. Another light volume rally in stocks underway, the dollar getting ready to test the lows, gold soaring, QE (quantitative easing by the Fed) promised for an extended period AGAIN last week, yada, yada, yada. What does it all mean?

I'm not sure exactly. No one does. I mentioned before, the best trader I know says the top is in, but the best stats guy I know says higher highs into 2010. These guys are the best at what they do, and neither one is wrong often, but one of them is. And the fact they have different conclusions on the topic shows just how confusing things have become.

So if the script unfolds as it has been the last few months, tomorrow will be an up day, although not as much as today. Everyone will feel like it's safe to go back into the water and we'll all sing kumbaya around the bear camp fire as it burns to the ground once again. Significant weakness that retraces todays gains and, heaven forbid, something else may be at hand. Enjoy the following cartoon sent to me by David Brazee.