After a good opening the market looked like it was going to have a rebound. The gains held most of the day but a sell off into the close left the major averages in the red for the day. Volume was down slightly across the board. The leaders also lost early gains to finish flat on the day but near the lows of the day. Volume on the index was up and above average. We can't even manage a weak bounce, which bodes ill for the market. Watch the 8% down levels. Jerry