“So far the market is trying to do its best to recover some of yesterday’s humungous losses, as the Dow started out with a very fast gain out of the opening gate of 140 points, which was immediately met by selling to knock it down to a nominal 4 point loss at 9:45am. Thankfully, it was able to get its act together after that…”

Click here to read 8-9-11 Daily market notes from Donald Selkin