People are getting close to giving up on a market rally that can persist. It now appears that when a rally does appear which it will it will eclipse the normal bounce parameters.Yesterday saw a deluge of minus tick. We had over 50 instances of a minus 1000 tick or greater which add to our already oversold daily CCT. The daily now stands at -282 which is the most oversold reading for the year. Be mentally prepared to react and be a participator. This market has a tendency to wear people our to where they give up just before the market turns. Remember the adage it is always darkest just before the dawn. Please tune into the morning advisory for specific recommendations on today's trading thoughts.