believe the market is ready, and almost begging for QE3 and some action out of Europe and that is why the market has been bouncing of a technical support level.  Just as things seem to be on the verge of getting bad.  The central banks are in prevention mode of keeping Europe and the rest of the global markets from falling into the financial abyss.  I am glad that they are I certainly do not want to see as bad a crisis as the U.S. went through in 2008.