A sucker’s rally seems the conclusion thus far. Conditions are changing faster than Jim Cramer can “clarify” his “the bottom’s in” calls. It’s only Tuesday and I think this will be a long and stressful week for bulls and bears.

From our view we’re still in a bear market despite all the rally cries and government work.

Today reality set in as Lehman [Lemon?] can’t find a buyer even on EBAY. Frankly, I don’t understand the rumored plan of dividing the company into two separate entities, the good and bad. Which one would you take? Which are the bad or good parts?

It appears as though we had heavy volume selling again while breadth may have yielded another 10/90 day.











































































































































So many markets, so little time. Many markets, commodity and overseas related, are in full crash mode despite what you hear from the talking heads. Markets down between 30-50% are crashing in by my reckoning.

Time is short for us today since we have business to take care of for the paying customers.

Have a pleasant evening.

Disclaimer: Among other issues the ETF Digest maintains long or short positions in: XLP, UGE, XLU, SDP, IEF, TLT, UUP, DRR, DBC, DEE, GLD, DZZ, USO, XLE, EFA, EFU, EEM, EEV and FXI.