Right now, the CNBC hoi polloi are crowing about March closing out at potentially the best monthly performance since October 2002. As usual, there's nothing to back up this piercing analysis other than various interviews with floor traders who are profiting off the vol on the major indices. Of course, come mid-April when Q1 numbers are released the doom and gloom will come back with a vengeance.
It's almost like CNBC was formed purely to supply Jon Stewart with material on slow days on CSPAN.
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