I'm not going to do a long post today; I'm tired of promising a giant end-of-day post and only getting it done at 1 in the morning (and I'm sure people are tired of waiting for it!) So I'll just mention this quick idea.

I've noticed a couple of paper/timber-related outfits that look pretty bearish. I bought puts on them both over the past couple of days.

As for the market in general – meh – it's expiration week. Things are weird. I'm a little disappointed at how strong the $RUT has been, and the Elliott Wave stuff I follow still thinks there is a little life left in this countertrend before the third wave kicks in (which would mean rapidly descending prices). So we wait patiently! And with that, I shall bid you farewell…..

I take no pleasure in saying this, but looking at some very major issues – – particularly in the financials – – I can't help but wonder if some of these battered items could be setting up for a major turnaround. Here are a trio of charts for your consideration.

No, the topic of the post isn't me. It's a couple of patterns I found you might find of interest.

The only purpose to this post is to make life easier on those sharing comments. If you want to see something beefier, check out my chart-filled post from the wee hours of this morning.

It's after midnight, so I'm just going to throw some charts at you. Everything is going according to plan so far. Oil: up. Gold: up. Equities: down. Let's see how long this bounce in gold and oil lasts before those markets join equities in the descent.

Off to bed…..