Okay, so I was writing morning market advice for investors. I was going to talk about the four reasons that today’s market outlook is dismal (fears about heating oil costs, mildly negative jobs data, a much wider September trade deficit forcing lower third quarter GDP growth estimates, and GM’s continued woes--including an accounting oops leading to a restatement of $400 million in profits for 2001).

It was good, and early gains notwithstanding, the market has quickly turned to negative.

It was good.

Of course, my computer ate my freakin’ homework.

Now the benefit of my wisdom won’t be yours as I’m heading off to work. Sorry about that.

Oh, and I should probably note that I’m hardly a market expert. If you take my advice, you get what you deserve.

Update: Which is all sort of okay seeing as the market bumped up big late in the day after an unusually strong bond auction from the Treasury department. Didn’t see that coming. It didn’t hurt that both oil and natural gas eased off today (oil coming in below $58).

The big bump, though, came from the Treasury auction that brought in quite a bit of international attention. With the dollar’s recent advance, it indicates that foreign investors are still betting on the US economy to stay strong.

All of which should mean good things for my mutual funds…