Re: failed rally = very bearish signal?
Eh, theres always a little "head fake" in these things where buyers start testing a little to see if the tides going to turn. It rarely does. Another week or two of dropping and settling, then we'll see where it goes.
Keep yer powder dry.
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.