Hey Steve and Matt, thanks for the hard work, I was referring to shorting the indices, just not sure why there was no shorts on the indices, now I understand, because the system is reversion to the mean. Also for shorts, I was looking for more of the high PE, no profits setup (as oppose to profitable companies). Yes, the banks gapped down that I took a loss because I was about 50% in banks and my stops were not tight enough. Energy was OK. I put too much confidence in good earnings, like BAC, and some semis have good earnings and upgrades, all got smashed down. TSM earnings is just so good. So definitely not a bull environment. In a broad market drop these things got pulled down as well. It seems only DBA, corn, weat, soyb are bucking the trend. Let's see what happens on Monday.  SMH down candle shrinking. I did go small long (catching a knife). Not sure if we will see a big gap down or a reversal. XRT did not close at the low.