No Buy Plays

I have been searching all day for a decent long position for an expected relief rally. I sold my BGU holding this morning when the market broke it's uptrend. I have not seen one bullish play I am confident in, nor do I think there will be one until a possible capitulation. The corporate bond indexes are down 2.5 percent plus today. There is a lot of risk now being priced into fixed income that has not yet been priced into equities. Be very very carefull taking on any new long positions.
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