The market seemed like it went down a lot but it has gone up a lot too. The bonds have been selling off but it doesn't seem like they've lost control just yet. Look at the metals for example, they're still very much in check. It's really tough to say what's going on since we haven't had many down days in such a long time. The dow jones futures are down 729 point right now so they sell off may continue but for now it's hard to say.