Just saw Darrell Kronk (pres., Wells Fargo Investment Inst.) on CNBC.  He said when looking for a capitulation bottom, watch for risk-off/defensive sectors to sell off. Risk-off = utilities, REITs, gold, etc. And he says we may be at or near a capitulation sell-off because the defensive stuff is selling off today.

Is there a standard/accepted way to measure this condition? Might be a good indicator for when to act on a buy signal. Otherwise, talking heads just say things like, now looks like a good time to nibble at a few things, which is not very valuable advice.

And cheers, Matt! We'll see how long I last this time, lol.  Roger