Markets Fade: Big Suprise, Right?

Once again, the market fades into the afternoon. We're now down 25 points on the DJIA and down nearly a point in the S&P after being up decently in the morning. Like I said in my earlier post, I expect any up day where the financials don't participate to fade. I continue to believe we'll drift lower in the coming weeks until we get some capitulation, a succesful test of the lows, or a big news item.