SPX 3-8-12 [3PM Update]

Back to the same old game. Rally overnight or sell off overnight, either way, JBTFD by 11am and then lull the bears to sleep for a few hours before a JAM session into close. The next few trading days will tell me a bunch -- is this 2010 redux with stimulus fueling yet another bubble? Or will we actually see some realistic volatility in the market this year? I'm leaning heavily towards the former.