Overall I think we're stuck in the directionless chop. Remember 2000 top ? took several month for it to resolve. Here. Many many charts. All say one thing.. Internals are oversold, but this drop still may be far from over. And the oversold condition may be only temporary. Does it mean anything ? Not really. We can bounce for a couple days and get even more oversold. Or we can keep selling, or rally from here.. who knows. I'm sticking with individual stock and sector trades. The only index I really trade lately is RUT, and its not hard to trade, it usually goes in the direction of internals, since its not affected by 3-4 mega caps, but has a very broad base. Negative a/d... sell RUT, positive A/D... buy RUT, works like a charm.
On to the charts.... my comp is acting wierd, I'll add more charts in a bit.
