The volatility arises because we had the Nasdaq bubble, the housing bubble, the stock market bubble, the commodity bubble...and usually when the bubble burst like after 1929or after the late 60`s, you have a period of very high volatility for about 10 to 15 years before the market settles down and reignites the uptrend.

Bernanke is obviously backing the market again and the Federal Reserve has more money than most of us - so they can drive interest rates down again. As I say they are making the bubble worse.