"You know what the news is-- in a minute, you're going to hear the rest of the story"- Paul Harvey

The pattern of the markets is rather simple. The hedge funds are facing massive liquidations, and while this is happening, the big money waits until ridiculous prices appear. Then, like a rattle snake coiled under a rock, they strike with lightning speed and buy.

So, who is the big money? Wouldn't we all like to know? I have my suspensions, but lets just say they aren't the ones not mentioned on CNBC, they aren't mentioned on the Forbes billionaire list, and they don't appear on any insider trading websites.

For those of you who have felt a little left out through the years, here's your chance to get a jump on the hedge funds (those left standing) before the all clear signal is sounded. Buying stocks like GE around $15, and the newly anointed CitiGroup at $6, has to be looked at as a gift. Oh, I have many more in mind, but you can see them just as good as I can.

The markets will remain extremely volatile until the hedgies are wiped clean. I don't know how long that will last. Even with the improved access to info via the internet, what we need to know and what the big money knows are two different things.

Clearly, this is get even time for investors like you an me. Accumulating stocks at these levels will look like genius moves a few years from now. In my opinion, this is not the time for day trading. Sure, you can play the wave and look like Peter Lynch for a while, but when the train leaves the station (the new bull), the next group of investors who will look like a deer caught in headlights will be the day traders.

Even the Financial Commentators are Bored

From time to time I will listen to the sounds coming from the financial channels, the rest of the time it is firmly on mute. I can't help but laugh at the recent commentaries since nothing of substance has been issued since Lehman and Bear Stearns went belly up.

Here's Cramer's take on Bear Stearns on March 11, 2008- Cramer on YouTube.

Cramer says the market is rigged -YouTube. I've been telling you this since 2005.

So, like I said above, use the MUTE button on your TV remote.

Today, the CNBC gang are playing "follow the CEO's car" as executives from the "Little 3" in Detroit make their way to capital hill. I don't hear these people issue the same criticism toward the executives at GE who are also sucking eggs after mistakes from their financial division.

Oh, by the way, GE executives are again proving themselves as idiots by allowing their NBC division to get rid of Jay Leno for Conan O'Brien. How stupid is that?

Today's Market: Frankly, it's not that interesting!

Research In Motion cut its outlook.

The ADP Employer Services report said that private employers cut jobs by the largest amount in seven years.

Freeport-McMoRan Copper & Gold slashed its copper output and suspended its dividend.

Amazon said that spending at online retailers rose 15% on Cyber Monday.

The senate committee better take it easy on the auto execs tomorrow. Condemning their rides on private jets may make other companies balk on giving congressman and senators free rides to fancy resorts to meet their mistresses and hookers.