An Another Day

Another day...another round of selling. The major indices were hit again with widespread selling. It seems that every other blog post I make talks about a key stock breaking support or shows signs of underlying weakness. For an example of safe-haven breaking support, check out - Reader Requested Stock Analysis - Checking Into Citigroup and a Note on the DJIA

The strange part is that I wouldn't call myself a bear. It is just what I am seeing..

I also went on another rant today following my "everyone is a contrarian" tirade yesterday...Today's focus was on how the weakness was blamed on options expiration. I would have accepted that explanation if signs of selling pressure hadn't been obvious since last week. I have a bit of a problem with how every move in the market is assigned a "reason". I think that sometimes selling pressure just feeds on itself and there isn't a specific catalyst....