There is just no lift at all when there is good news now. Sneak attack announcement about Paulson throwing money at the banks soon gave us a mini blip spike for a few minutes. In a grossly oversold market like this, any bit of good news should send it up like a rocket , this market goes nowhere but on its merry way lower. There are sellers lined up now for every tiny rally that this weak market can conjure up. We are in deep doo doo. Also there are a billion bottom callers. This market needs to take another step down, maybe another 100 point chop in the S&P will do it. But we're not going to be launching any kind of signficant rally from these levels. Buyers above 1100 are gone for a long time. Those chasing rallies have been buried alive with the countless fakeouts and 1 day rallies. Only the toughest dip buyers remain, and it looks like the market will soon shake them out as well.