What you're seeing is the same old, same old: too much money chasing too few stocks.

We're seeing stocks coming slightly off their highs here.

We're seeing a lot of volatility, a lot of indecision as people bail out of stocks and other people jump in. We could be seeing the classic signs of bottoming, but we thought the market was topping for three years before it went down, so maybe we're going to be thinking it's bottoming for three years before it goes up.

Illusion - Only those who can see through her can create his own

We're seeing a lot of volatility, a lot of indecision as people bail out of stocks and other people jump in, ... We could be seeing the classic signs of bottoming, but we thought the market was topping for three years before it went down, so maybe we're going to be thinking it's bottoming for three years before it goes up.

In the middle of a correction, the market seeks to find a bottom and a top -- some kind of range that it can operate in comfortably. So you'll get wide swings as traders try to feel out where's the top, where's the bottom, where's support, where's supply.