AAPL is more telling to what is going on & is being hidden by the market averages: Predefined Scans - New 52-week Lows (NASDAQ) The list is likely to be much larger before we hit a safe bottom. http://stockcharts.com/def/servlet/SC.scan?s=I.Y|TLDL[T.T_EQ_S]![T.E_EQ_N]![AS0,20,TV_GT_40000]![TL0_LT_AN1,260,TL]