Nine consecutive lower closes for the SPX. The longest losing streak since 1980, and with an uncertain election outcome around the corner there's little doubt many traders will spend the weekend on Desolation Row. For investors with a long-term outlook, it's all good. Since markets rarely bottom on a Friday, we're likely to see further declines early next week-> even better! A sustainable move to new highs is impossible without the kind of negative sentiment that forces assets away from weak holders and places them into strong hands.