re: we're in a bear market, good point.  I had an order to short ready to go on the open this a.m., but missed it thinking we would bounce a bit more on the open.  I think a lot of folks drank the Fed Kool Aid and got scared off from shorting.  Looks like the no short rule backfired today.  Could see a real slide soon as there aren't many shorts to cover on financials to make a usual bottom and rebound.  These Fed clowns may have opened the trap door into the abyss.