Bulls looking weak today

Earnings released so far have been better than expected but so far the market is yawning. Bonds are down and the Nasdaq 100 (leading sector) is relativley weak which aren't good signs for sustained advance. No significant follow through from the reversal yesterday so far suggests more weakness later on either later on in the day or tommorow. I said yesterday that I had the feeling too many traders were looking to play an oversold bounce and so these guys and gals will likely start getting nervous cutting and running if we don't get any upside traction soon.