Unlike Thursday when the market attempted to bounce intraday the Index Put Call Ratio was .76, this led to the rally being short lived and we experienced more downside pressure.This morning as the selling continues the Index Put Call Ratio is sitting near 1.5. If we see a intraday rally, we will want to keep a check on the Put Call numbers. If it were to drop below 1 the rally will likely not last. We need to see this Put Call remain high and any rallies not be embraced from the outset to have any sustainably for more than a day.I will try and post these numbers if I see significant changes.