JTH,
I would love to see a bounce soon, and I need to see some lower level to deploy additional funds in small caps. However, there are headwinds, crosswinds, important global negotiations going on; and at home tomorrow, we will see the positive or negative impact of the employment numbers. There is much uncertainty, something the markets do not like. Are we worrying too much? I don't know if this is crucial information, but yesterday we saw the ADP Employment Report delivering less than expected number of jobs. If lower employment numbers come out tomorrow, this might indicate that the FED could delay raising rates ... is this more likely than not?