Irrational exuberance. Gold bugs rejoice.
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 The market got over excited with news of Chinese and European stimulation programs and blasted off until contrarians and day traders heard about the opening exuberance and jumped on…