Some bargain hunting lifted the major averages higher yesterday, but I see very little reason to alter my bearish reading on the market. To be sure, as I have mentioned there are some values now available as long as one has a long-term view. But for the short-term there are still way too many negatives to warrant any wholessale buying binge. I don’t think there will be any appreciable postive follow through today and I suspect the market will finish on the downside for the day. The time for aggressive buying may be closer, but not quite yet.