Market Searching

So far, at mid session, the indexes today have the same look they have had for what is going on months now. The steady beat of liquidation adjustments continue and even with yesterday’s rally, the return of a selling configuration is evident. As mentioned in an early post, stocks such as GE are not exciting, but they represent an attitude about institutional positions and the future of the upside. Those stocks need to see the liquidation slow so that a positive price construct can begin represented by upside price reversals on large volume. Hopefully those days are at hand.