Bear Trap Rally snaps shut?

Collapse of the SUN/IBM deal negotiations also contributed to the market softening.

The markets fizzled today, soon after George SOROS was quoted as saying "U.S. banks 'basically insolvent': Soros" It looks like he is recommending shorting the US$.

This was further underlined by results of "stress-test" by Office of Currency Comptroller that showed ALL major US Money Center banks are underwater.