Euro Up But Market Weak

The euro is rallying here in the face of a stock market selloff.  This is a change in character which needs to be noted.  It seems like the traders are liquidating their "dear" assets such as US stocks which has been less scathed than the popular hedge fund punching bags like the euro and European stocks.  Notable is the outperformance of European stocks over the past 1 1/2 weeks while the market has sold off from the initial euro bailout euphoria.  Bottom looks close.