You can't tell a selling climax is over unless you get a short temporary rally.

Before the Chase, we were barely selling the suites out, ... Last year we had to bring in 12 temporary suites. This year we're building 16 new suites, and those are sold out. We'll be putting up some new temporary suites too.

You are seeing a relief rally. After all the days of selling we've been having, we can finally buy now.

The problem has caused a selling climax. Everyone is throwing in sell orders. The system is jammed and orders aren't making their way through. Even after five minutes, orders aren't going through. This is ridiculous.

Whether the catalyst was the cessation of tax selling or just a rally from a truly depressed area, the Nasdaq is attracting some bargain hunting. I would suggest stocks were over discounting shorter-term problems that have already been announced.

Life is just a short period of time in which you are alive.