The market has climbed 500 points in 2.5 hours, supposedly based upon the rumor and hope that another government bailout - this one about the State of New York plan to stabilize the bond insurers - will save the planet. I am sure that Cramer will love this - he was screaming for this socialist idea yesterday. Use your judgment - is this good for the capital markets?

Regardless, volatility has two sides - down and up. Both are painful. Neither are sustainable. You have to pace yourself.

Do the math - is the slope of this rally’s move sustainable? At this pace, (500 points every 2.5 hours) we will be at record Dow highs in about 10 more hours of trading.

Get real. Pace yourself!