The Dow lost 14 points today on average volume. Advance/declines were negative. There were some overseas coup rumblings in Thailand that sent the market lower. Inflation news was tame but housing continues weak. Fed meeting announcement tomorrow. I still own the puts but we haven't seen the decline begin in earnest as I expected. I was early on the buy-in and I am losing money. I don't know if this will work now but I do anticipate a decent down day this week. I thought that it might be today but I guess not. Gold was down again and the XAU hit fresh lows. Oil has gotten clobbered here lately too. Money is coming out of commoditites and into the stock market. I am guessing that is what is holding us up. I am getting very wary of this put trade. I am not seeing the summation index signal as I would have liked to by now. I mean that could change in a day but it hasn't yet. Todays action doesn't help anything either. Perhaps my whole line of thinking is just wrong. There was no post yesterday since I played golf. I also took part of today off. I have a dentist appointment before the close on Thursday. Mentally I'm wary as I said before. Perhaps the Fed meeting will be the catalyst to the downside. Yahoo pre-announced that the earnings wouldn't meet expectations and we did not sell-off that much. So I'm worried. We'll see what happens in the next few days. Tomorrow could be key.