Well today was my first day in front of a computer screen in awhile. It will take me a couple of days to get back the feel of the market but it seemed fairly bearish to me. You had oil take a nosedive to the downside and stocks did make a rally attempt but this attempt was weak to start with and then completely rolled over. For oil to move down that much and stocks not able to get anything going seemed fairly bearish.
I heard that July was the worst month for energy and commodity funds in 35 years!!! Wow!! Incredible.