Looks like buyers are finally starting to come back into the market; what's somewhat surprising is that for the first time in many years there was no upside "January effect", eg buying small/mid-caps for window dressing by portfolio managers; the economic situation outweighed that.

At some point during 1Q 2009 however, eg during this next 6-8 weeks, I'd expect to see some sectors start to regain buyers, because we've always historically had rally market weeks during Jan-March during the early part of each year. Should be interesting to see how it all works out!

-Ken