Last Thursdays classic reversal, well was too classic. Lack of follow thru is a very negative sign. The retesting of the floor eventual failed and the 2002 lows was breached today. This has been a vicious bear market. Divergences are failing quickly, supports are broken and the markets cannot rally for more than one day. There is no good news there out there. The only good news is at the pace we are going we should hit zero pretty soon, then we may can get a rally. We are now on track to have the worst year ever in the market history. This is all unprecedented action and doubtful anyone has experienced anything like this. Protecting capital here and you are up huge and outperforming the indexes.