1990redux?

I believe in a truly ugly market, there should be ugly follow through.

Volume was light yesterday and should have followed through today with heavier and uglier volume as it should have dawned on people that things aren't well. But today the Fed showed how truly they are market timers.

Quite possibly an intermediate term low has been placed until next year. We'll see.

VISA IPO, GS report, and possible resurgence in the dollar will be key.