Blogger has been offline for several days, so I haven't posted since Wednesday morning. Since then the market has been showing signs that down is the preferred path. The following is a picture of several markets; the four major indexes plus oil and gold. Notice all of these were under pressure today, but oil managed to trim most of the day's decline. I'm expecting more declines into the middle of next week, then perhaps a bit of a bounce going into options expiration next Friday.

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