The chart looks awful on Intel, ... It may be a great buy but it's too early to see.

You can't buy chemistry. You can't draw it up or chart it.

A new Fed chairman is an unknown and as such offers nervous investors an excuse to sell.

There's this almost universal sense that we're in this big cap-ex spending cycle and the big stocks should be moving on that, but they haven't been.

Neither bulls nor bears seem to be making any headway, unless you look at the Dow.

Longer term I'm bearish, but I'm pretty optimistic for next week.