Reshorted S+P yesterday and today between 1145 and 1180, bear markey rally over.  Looking for the downward move to continue.  Closed my short 30yr bond position at a big loss.  I still think buying treasuries is crazy, but you have to listen to the market.  It was kind of a hedge anyway, limiting S+P profits.  Also closed my short Yen (hedge) position.  Went long Australian $, Canadian $, and Swiss franc, all trading positions against a dollar guaranteed to fall by the fed.  Only extreme foreign central bank action in the name of mercantilism will stop the US$ slide, but the fed can overwhelm any and all of them if it chooses.