I am looking for a good bounce today the market is looking a little oversold at these levels and a short covering bounce is on the cards when the NY session starts. Actually wouldnt be surprized to see much of current the decline erased by the 9.30 bell. I am not saying the market wont be back to these levels soon and any good rally should be seen as a chance to get short at a better price but I am not among the Doom and Gloomers on here calling for the end of the world. Lets wait and see shall we?