Market seems to be in some sort of skittish distribution. That is, stock is changing hands, but neither buyers or sellers are getting the upper hand right now.
I sympathize with the buyers since I am no longer a growth position player, but there is a good case for the sellers as well. This scenario comes about because markets generally look six months out, or an equivalent. Optimism in the face of uncertainty is hard but over the long run optimism has won out.
