Your observation about volume is bang on. Bull and bear both were waiting to see who blinked first. I keep expecting some form of Obama bounce (as I expected one around the election) but I am getting a sense that the bad news is swamping any possibility of a rally. We are headed still lower first it seems.
I totally agree with your opinion - maybe the vast majority agreeing on the Obama bounce killed it; or savvy investors do not agree with Obama's vision - some companies even moving offshore, espec. oil.
Commenting by HaloScan
