The Market On Tuesday

  Good morning. It is 58 degrees and foggy here in Upstate NY. You get the sense of anticipation in the air as students prepare to go back to school and the relaxation of the Summer yields to the business of Fall. I think the entire energy of this period culminates with Christmas and New Year's Day. It's like we are stoking the energy to carry us right up to those holidays. I see that the Obama's have gotten another Portuguese Water Dog. Beautiful looking dog too and a female to join their same breed male dog. Talk about a lucky dog, what a charmed life for an animal, the President's Dog.

  At 8:00 a.m. ET futures are flat and the price of oil is down. The market is poised to open in the flat to lower area.

  With the DOW on the edge of 15,000 and the projection of more losses, the market is in at the least a mini correction. Investors are adjusting to the abatement of quantitative easing, and so are we. On Wednesday the Fed will release more info on their monetary policy and this will be a big deal. This is where we are at, the market is on a bear run. More than likely this continues until there is an adjustment to the end of quantitative easing.

CNN: Stocks heading for 5th day of losses

"No new news, just the same fear..."