with volume running quite a bit higher than yesterday, today is setting up to be the fourth distribution day for the NYSE Composite, S&P 500 and the Dow. According to the system developed by William O'Neil, "four distribution days, if correctly spotted over a two- or three-week period, are sometimes enough to turn a previously advancing market into a decline." We shall see, but there are some cracks beginning to appear in the current uptrend.