- A lot of the market scored what looks to be morning star candle patterns (assuming no sell off from now 2:25 to the close).
- Volume is pacing the quiet week before last week's crash.
- Leaders are the dead cats from the bear market
As I wrote in the column, I would rather own the stocks that resisted the decline than the ones that got crushed. If I were a day trader, I would have gone long the disasters Friday (like GM, WB). As an investor, well, it was in the column.