Another wild day in the market place. There's defiantly a confluence of influences right now.

The mood of the market is absolute nervousness and the mood of traders is absolute frustration. Because we're so oversold, I think we're ready for a trading bounce but there are just too many cross currents to balance right now.

There's not a lot of money being put to work and it's kind of a 'blah' day.

What we need is guidance from companies.