Bearish propaganda

This week opening with huge down move on US Markets. S&P broke 900 points level.
Was interesting to see news background today. It is looking like propaganda. In one time all powerfull financials began to say the same about economy. Trichet said about potentional new wave of unstability, said that we are still in down trend in economy. World Bank said that the recession will be deeper than they forecast in March. Interesting change after 3 month stong bull rally and good earnings. Also we saw a strong sell from insiders. S&P losing 2,5% on Monday's evening. The largest from June 2007. This is interesting that this all news brought down on market on one day. FED on wednesday can keep bearish move going. Oil finishing 2nd day in strong down trend. Think if we will see self powered trend by all catalysts above we will see oil comeback to much lower levels.. Hard to say.. For now maybe 55-60$ area. Commodity can fall hard coz current prices represents not real demand but hopes of economy recovery and inflation expactations.