Bears won yesterday's screen game, of course. The score was only 41 to 7, a spread of -34. Weird. Tuesday's score was Bears 26, Bulls 21. I would have thought that two days of carnage. Maybe it's just lag. Maybe many stocks are holding up ok. Or maybe my screening methodology is horseshit.
The 5 day moving total is only 130 sells to 129 buys. It's definitely deteriorating, but this is hardly a number that would seem to justify the clobbering we just saw.
I screen all stocks and ETFs from the NYSE and NASD, excluding those with less than an average of 1 million shares per day traded