The day traders and the hedge fund folks did. They also leaked a story spin that said with the 1Trillion Euro bailout in Europe all the pressure was off so it was happy days are here again.
The traders, who make up about 80+% of all the market but we won't know because they are unregulated, made money off you all the way down on those two dips on Friday and left their short positions on the table for Monday and cranked it back up - look at the volume difference. The sales on Friday are the little guy getting out and the hedge funds grabbing everything that is warm. The itsybitsy sales on Monday are the little guy trying to get in - as of course the hedge fund guys took their profits.
Now, Tuesday, 930, the market opens down 85points...devil is out and gonna getcha again.