$Bank of America(BAC)$  this time last year i predicted a bear market. maybe those guys should pay me to predict this year since they blew it so badly. I pointed out that there were gaps below. people told me that they 'don't always fill'. oh Yeah, but gaps in stocks like JPM and BAC and big guys mostly fill and there were many gaps. I also said once we fill those gaps to watch if there is a turn or we go lower. If we go significantly lower there will be a recession that is a true recession, one in which sentiment turns bleak. No one is calling for 'capitulation' as the prices are 'rolling', some stocks are doing well, look at HON-- because we also have a 'war' time economy in places. BUT what is upside down is the REACTION. The media's hype of ec figures, those that show us doing WELL make the markets go DOWN. Fine. So what happens when the figures harden negatively...we are NOT going to go UP. And 4 Four new Fed speaks will not help clarify immediately.