financials still cant seem to get a bid here. How about tax loss selling to offset gains and to clean up holdings for mutual funds as a reason for failure to put in a bottom or get anything more than a dead rat bounce? January usually sees fresh money coming to the market. Maybe thats when a more meaningful bounce occurs and a meaniful bottom is in. Joke is the new money coming in is often the same money that got out for tax or sprucing up portfolio reasons. Could the selling in chips and equips be a part of that process also of getting out of the dogs? I see a number of our stocks failing to get traction even when market rallys. In tech its same old same old for market leaders.
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