I guess I was expecting some bursts of buying during the day and some reasonable number of advancers but with that flat trin it was pretty much indicates it was net selling of 3 out of 4 stocks 3/4 of the time today.
With domestic and international investors heavy into selling US market, it will be hard to envision a bottom without some extrinsic event like more effective coordinated international governmental action prop the dollar to get back to old model of chasing stocks to reinflating the equity bubble. I don't think we are going that way.
It is going to change how stocks are going to be valued. With increasing compression of P/Es, less IPO's and careful analysis of levels of debt on the books. It is going hard not to play the short side when there are so many candidates that still fit one or more of these criteria. CMCSK EXPE UVN and NVDA all look like going to be single digit stocks if fund redemptions continues to be name of the game.