The wacky world of bailouts and bad news continued today as the market took a liking to the Fed’s new loan program, and , for the most part, ignored the downward revision of the GDP to -.5%. Volume was heaviest during the last hour or so as the ES climbed into positive territory. Most behavior in the market, strange as some of it is, has rational explanation but today was one of those days you chalk up to experience. For the most part, the day was fairly tradable and didn’t pose any huge problems.