Market does not want to decide but it will have too

Another interesting day where the mkt essentially can't decide which direction to go (even though we closed down). From where I sit I see a market that still needs to go lower.

1. Volume was uninspiring again today. Commodities exploded higher, financials and homebuilders sold off, more negative news, and CNBC keeps drinking the grape cool aid. Nothing new if you ask me. This market has not bottomed yet from a technical perspective. Toward the end of the day we got a spike up in equities. This was not short covering even though CNBC reported it that way. This was program buying. Don't confuse those two.

2. I'm still relatively neutral from a trading standpoint. I'd like to short on opportunities. My eyes have not changed since yesterday although I'm adding ABX to the list of short candidates. I'd like to see it hit $46 first.

3. I thought I had zero positions going into today but noticed I left 400 shares of SRS on the table in one of my accounts. I had originally bought it Monday at $92.50 and I had thought I sold it all yesterday at $95. Well i lucked out and sold the rest again at $95 today. I almost stuck my toe in UNH today because it is so beat up but decided against it because so many other things I'm trading are working too well. I did stick my toe (more like two legs) in AAPL briefly today as it broke to the HOD about 11:00am @$144. I was so concerned that it took over an hour to reach $145 so I sold it right there at $144.98. After that, nothing really striked my attention and I thought the mkt was just having another depressing day. I put in a buy on FXP at $99 and went to a meeting. At 2:40 it was trading at $101 after my buy was filled earlier. This was a nice profit but I'm thinking that the Asian markets will fall tonight so I decided to hang onto it overnight. This is really against my better judgement as i rarely hold short positions overnight (and any position, for that matter, in a bear mkt.).