Market Wrap

As I suspected, today was all about the close. If you had watched the market this morning, you would have seen the Dow ramp up +75 points, and you might have gotten sucked in to thinking the market was breaking out again. But alas, it was a slow fade from then on. The Dow finished with less than a 10 point gain, and volume was lackluster at best.

All in all, still a constructive day. I am betting that more consolidation this week will lead to a good buying opportunity into quarter-end. My colleague at Jim Cramer at TheStreet.com is calling for one big down day this week, exacerbated by expiration, to use as that buying opportunity. Sounds reasonable to me, just don't expect a bell to go off.