Market Internals deteriorate

Market Internals deteriorated to the point where 40% of BSE listed stocks lost over 60% from their 52 week highs. So this little chart of % losses by 3700 listed BSE stocks gives you a picture of how deep the stock market bear really is. The Nifty might only be good for traders calling a bull market but not for investors losing their shirt. Obsession with an index not keeping in line with a study of market internals can get you completely off guard.