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The Recent Concentration of Volume in Financial Stocks: Coordinated Capital Infusion?

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"While I have no doubt that the algorithmic trade close to the market is participating in this movement, the directionality of the involvement suggests that large financial institutions are systematically buying the beaten-up shares of the poster children for TARP: C, FNM, FRE, AIG, and the like," writes Dr. Brett Steenbarger. But what does it mean? "We're seeing a massive infusion of capital into very troubled financial institutions, no doubt aided by short covering and the participation of program traders and proprietary daytrading firms."
SOURCE:   Trader Feed