Internals are largely positive or at least positive sloping; but the market clearly lacks momentum and we are left sitting here near the daily VWAP. I am again having internet issues and for some reason cannot post images to blogger, so here is the twitpic link.
Update: Turned out to be a nice bottom retest earlier today and internals looking quite good going into the close.
NBER Paper: "Strategic default rarely occurs"
5 hours ago