Is it possible that the Fed actually raises rates today? With the pattern established over the last year I really wouldn't be surprised either way. More important than the actual results is the reaction going into the holidays. I do admit that I thought the crude lows from August lows would hold. I was wrong on this one as our January crude options are expiring worthless today. Looking forward, I cannot see natural gas moving much lower into the first quarter but have yet to see any signs of strength. I am still bullish in the equities and the softs and bearish in the Japanese Yen. More to follow by Friday.