We came into the year with some selling pressure, we saw a bounce back for two days, and now we're seeing a pullback.

Rallies have been suspect until proven otherwise. You have to see a few more days to see a trend building.

Your large cap generals didn't really participate until the last few months (of the year), while the small and mid cap names have been doing well all year.

We've gone from feast to famine in this market. We began the year on a defensive tone (and moved to) a reversion back to tech and telecom.

We've gone from feast to famine in this market. We began the year on a defensive tone (and moved to) a reversion back to tech and telecom,

We saw how hard it is a couple years ago. Unlucky bounce, and they win.