Quote from Buy1Sell2:
The reason that it is a bit more quiet is very simple. There are more bulls than bears in general, not just here but all over. It works most of the time to buy the dips and so that's where a lot of people's strategies are. That has not worked real well in this market in the past week, but once it does , then bulls will begin talking again. Many also have not been in the markets long enough to see this kind of action and are becoming less confident in buying the dips. Sadly, once those bulls become convinced to go short, that is generally the time when the market will rebound. There is another reason that may be viable as well. Some folks who were undercapitalized, may be out of business for the time being.