VIX is still very low, no real fear, low volume, we need one more wave down on high volume, a sign that many are taking their lumps and losing hope as we make fresh lows on compx, ndx, spx, and djia, then we can rally from some sort of lt/st 'bottom', this is just imo of course, Steve, your thoughts of a st rally to 1425 are note out of reason th