Who let the Bears out?

The dollar fall put downward pressure on the stock markets and we saw some really volatile days beginning this week. However, after an initial sell off on Tuesday morning by panicking individuals who had put in at-the-market orders, the institutional buyers were coming in pushing the Stockholm index back to unchanged levels. The buying continued today Wednesday and we are up over 1.5 percent at the moment. US GDP 3rd quarter was better than expected at 2.2% and the the European markets continued up. The longer trend is still up and I buy the pullback if nothing more severe is to happen.