Whats with the Markets?

Whats wrong ? why we can't rally? well maybe because the outlook is that bad and the markets are discounting that now.
The real bottom can be very far off and imo one should not wait around hoping for that, in between we can rally strong , when that rally will start ? Now very soon imo.
There will be some small rallies here and there , oversold rallies, short covering rallies etc. etc.
The markets are below the Nov 08 lows and will keep searching for a temporary low.
This is bad for investors as they usually buy and hold and it does not seem to be working now .
For traders too this is not that great a market, you have to act fast.
You see the rally we got this morning and how tough it is for the rally to stick? Those who think its great for shorts, its not exactly like that.
As most stocks are oversold and remain oversold its tough to short them , who knows when a sharp rally might occur and wipe out positions.
So one has to look for trends and commit very little money to each trade, all just my opinion.