What the Technicals are saying....

Opinions aside, It's really all about what technical analysis is saying. Some have said as much as 70% of the volume are Algo's and trading programs that are "reading" the markets and buying/selling accordingly. They have no emotion. Our trade programs continue to indicate strong sell across the boards. The charts can be "painted" for short periods of time. The momentum has stopped and fundamentals always win in the end. We are not short because we have an opinion on the market, we are short because our technical trading programs are flashing warning signs across the board. Our computers  trade a lot better than we do! We designed them that way;)