Bulls Make Big Push, And It's Already Fizzling

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Photo: flickr.com

Update: Markets are already backsliding with 55 minutes to go.Original post: After beingdown by as much as 1.5% earlier, in part due to the Spain downgrade news, markets are rallying back a bit with just over an hour to go before a long three-day weekend in the US.

Can they do it?

Right now the S&P 500 is off .7%, which, if we ended here, considering the big up day we had yesterday would be a satisfactory end for the bulls.

Here we go.

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