The trouncing lingers…

Bear's trouncing yesterday lingers...

Bear's trouncing yesterday lingers...

The market didn’t like Treas. Sec. Geithner’s stimulus plan.

Whether it was lack of details or a ‘sell the news’ scenario doesn’t matter.

The fact is Tuesday’s heavy selling from instituitions sticks out like a soar thumb on the market’s hand….

It’s still no time to buy. Until we break north of the 50-day moving average we’re calling the Sellers in control.