There is more talk of the Facebook IPO coming out this week, perhaps on Wednesday.
If this is the case the Street will prop this market up to get that IPO priced and out the door, barring any unforeseen events from Europe.
"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel