The Market On Wednesday

At 8:00 a.m. futures are moderately down. Its looking like Wall Street will open down a notch from yesterday's close.

Perusing the reports on why this is the case, one does not find a strong or compelling reason other than the notion that the few remaining investors in town for the week want to sell and make some profits. Its plausible.

This in between week, from 12-25 to 1-1 is always an unsettled time on many levels. Would you agree?

One could say that one thing to take from today's Wall Street reports is that nothing profoundly disastrous is being touted. That of course does not mean that its not there, or could be there, but its not stirring up fear and uncertainty at this point. One suspects the emphasis is on trying to promote a more optimistic outlook for 2010. Emotion still plays a role in affecting economic outcomes, isn't greed and emotion. Its the offspring of jealousy.

CNN: Stocks headed for lower start

Trading volume will likely be very low with many market participants out on holiday for the week, so small moves could cause major volatility during the shortened week on Wall Street.

Reuters: Stock futures fall with global stocks, year-end in focus

"There are some people that have made some money this year that have made some good bets, and at the end of the year they're going to take profits..."