On NYSE - KRY sp head fake last week and now seeing a bit more downside with a touch above 227k in volume at this time. Techs (15min and 60min) indicate Bears very much in charge with Daily techs showing a lower-high a couple of days ago, and a lower-low today indicating downward trend. MFFAIS indicates disclosures filed 8/14 show Tradewinds let go of about 10% and Steelhead about 5%. However, there are others buying in and some new holdings. More details at: http://www.mffais.com/kry Go to lower part of page and click on headings to see data in order of preference.

Dow down a bucket full but showing some recovery at the noon-time hour, possibly cost-averagers. Definitely not a Mutual Fund Monday. Saw this downside in the cycle coming a week ago when technicals went Bearish. Very difficult to turn the cycle around once it falls off of the emotional edge. Seems some of that bad economic news of last week is finally sinking in. Lower BB at about 8860, so should see some recovery around there, but no promises. Options expiration week, so may get more volatile later in the week.

Gold also down, down, down. Running with the Market is not gold's style, but that is what is happening. Touched $930 just a bit ago, with some recovery just like the Dow.