The Dow lost 63 points on increased volume. Advance/declines were 4 to 1 negative. I think this was the shot across the bow. I increased my OEX put order after the bell and it did not get filled. We were down from the start. This is not the trade that I have been waiting for but that will be coming up here soon. Probably next week. This was a short term deal and probably should have been over with today. The real deal will be coming soon. The negative breadth today should get the summation index ready to roll over soon. My thinking at the moment is looking good but the market will do what it pleases. Gold was off a couple of bucks and the XAU sold off a point and a half. The volume picked up on the downside there. It could mean that the break above 150 was a trap and that the issues will head lower from here. We'll see. Mentally, I'm trying to stay patient for the October shorting of the OEX. My thinking is that we will go and retest the highs from here. That will be the time to purchase puts. However this might be the end of the uptrend today. If that's the case I will have to reassess my scenario. I'm feeling fairly confident that my prognosis will prove correct. Not any decent economic data out for the rest of the week. Todays Fed beige book was for the most part a non-event. We will have to see how the rest of the week closes out.