is because many stocks are so cheap right now. I think the big guys somehow made the index unrelated to the movements of most stocks, so that the index is high but stock price is low.
Dow down 120, HIG up 3 cents, MS down 4 cents, not bad at all, just waiting.
It is the right time for long term value investors to get in HIG,LNC,MET,PRU,MS and other financial stocks.
And if you look at the yearly movements of FAZ vs. FAS, TNA vs. TZA, you would see the bulls would win eventually, it is just a matter of time.