Here's the poll.. we can refer to it next week. Do you think this was just another low volume short cover frenzy in the preparation for a likewise equal move down? Or preparation for a bull trend? Disclosure: Today I bought Jun JPM puts, a little LEH put for Apr, and some S&P puts for April. Not getting too attached; but I'm long some stuff (GOOG, DRYS, SIGM, USD(short JPY) ) to offset some of this overactive hedging.