The Wall Street Mule Gets Smacked By A Washington Two-By-Four, Part 2

The Wall Street mule got smacked with 350 Dow points of two-by-four yesterday, but you would never know it from the bubblevision commentariat. Turns out these sell-side strategists had been "expecting" a modest correction all along, and that yesterday's plunge was actually a blessing because it was setting up the next opportunity to "buys the dips".