Wrong assessment

I thought differently but the market has the final word. We sold off hard yesterday, harder today. Nice that the bounce came at the 50 day MA which is almost expected. Frankly, there's not a lot to be excited about here other than prices got cheaper. Too bad they went lower than last week. That suggests that the strength of the bears relative to the bulls is now more intense than it was last week. We'll see what happens from there. Watching some former leaders like aapl and goog - they hold up ok here - pcu is another one that has good support.