I was watching CNBC on the day before the weekend of the Spanish bailout talks and they were saying dont expect much movement in the market today as investors will wait and see what happens... and yet the market finished up triple digits that day and kept gapping up after hours. Same thing last Friday going into the Greek elections, not supposed to expect any market movement going into the elections, yet the market finished up triple digits and kept gapping up after hours. Then both times they were saying that oh shorts wanted to cover going into these events. Yesterday they said market will be flat ahead of the fed meeting as investors witll want to wait and see what the fed chairman says. And again we are now up triple digits going ahead of this. Is there more to this than just shorts wanting to cover? I mean if you were long going into any of these events wouldnt you want to be flat as well especially considering how much the market has run up recently. Is there more to it than this and maybe they are just trying to come up with a reason as to why the market is moving up so much preceding these events?