More Weakness Ahead

Very weak market.  We need a total flush out and capitulation.  None of these weak open strong closes.  We need weak open and weak closes to get this market to value levels.  With the European slowdown becoming more and more clear, the earnings estimates in tech are way too high.  When tech starts to reflect the slowdown in Europe, you will get earnings warnings and that will torpedo this market lower.  Feels like 2002 all over again.