As you know, Tape Talk is cut and published Tuesday, Thursday and Sunday’s. I’ve been doing this for the better part of the last 3 years and have only missed a few. Occasionally however there are market moves that need to be addressed outside the confines of these time slots and is one of the reasons I simplified this blog as I did. Tonight is one of those times. First allow me to say that I haven’t a clue what Ben Bernanke said...

There is no question in my mind that traders are getting chopped to pieces in this tape. One minute it looks as if the sky is falling and the next it look as if all is right with the world. On one hand Goldman Sachs (GS) is posting an outside day on an uptick in volume while Bank of America (BAC) is just trying to find its way off the death bed.