Stocks failed to rally again today, as the dip buyers gave way to more selling.

The wiseguys managed to get the SP futures back to nearly unchanged.

But for the big cap Techs of the NDX 100, not so much.

Gold and silver were both off a bit as well, but then came back slowly into the close.

The VIX was off a bit.

Next week there is the double whammy of an FOMC meeting and a stock option expiration.

I am sitting largely in short term cash now, waiting to see which way these 'markets' break.

But there is little doubt in this man's mind that a single event, even one of seemingly moderate consequence, could melt these markets down like kerosene drenched styrofoam in a fire.

Be careful what you read, and the nonsense that you take in, if only to substantiate your leanings, and especially your stubborn pride.

Have a pleasant weekend.

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