What has happened to the market this week is far more than a correction. Fueled by unbelievable political stupidity and an economy that continues to lack job creation the fundamentals of the market have been so weakened that the stage has been set for a major decline. There is an old Wall Street adage that "so goes January so goes the year". With one week left the major averages all show declines, and next week could be even worse than this past week. Not looking good for the bulls right now.