I agree completely. It's all related to tax selling. However, the added issues are 1) shorts have taken advantage of it and 2) fund managers have held off buying 'til it's over. That said, the lowered guidance from analysts will help the fund managers when they jump back in because the estimates will be easier to beat.
Thanks for an intelligent post. I keep "ignoring" the useless ones, but I can't keep up with supply. Good luck.