My suspicions were validated today that yesterdays nearly 500 point rally was, shall we say, lacking. It gave all of that back today and then some. There appear to be no buyers in this market, just sellers. It really appears to be forced liquidations. I keep waiting on the "big money" to step in and buy, but maybe they aren't there. Maybe with the credit markets freezing up we should have seen this coming...a buyers strike. I've said recently it's now or never and it's looking more and more like "never". Only a large washout followed by a heavy volume reversal to the upside can stop the bleeding at this point. It really should have already happened. Perhaps too many people are expecting it to unfold that way, maybe that's the problem. If it doesn't happen soon....02 lows here we come!