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NEW YORK (TheStreet) -- Another very volatile trading day on Tuesday as the indexes made an about-face and sold off in late afternoon trading.

After being higher for most of the day, the indexes closed lower on higher than normal volume. Where have we heard that before? On down days the volume accelerates.

The DJIA was lower by 70.48 points to 16912.11 and the S&P 500 was lower by 8.96 points to 1969.95. The Nasdaq finished down 2.21 at 4442.70. The Russell 2000 was the only index to close in the green, up 2.14 at 1141.64, still "Trend Bearish" and down nearly 2% for the year to date.

The S&P 500 Trust Series ETF (SPY) - Get SPDR S&P 500 ETF Trust Report volume came in at over 80 million shares traded, the highest volume day since July 18.

Two weeks ago, Goldman Sachs put out a call to sell gold. The U.S. 10-year Treasury yields are back down under 2.5% since that call and remain as bearish as gold is bullish. If you are bearish on third-quarter U.S. GDP growth slowing, you are bullish on bonds and bullish on gold. If you are bullish on third-quarter U.S. GDP growth accelerating, you are bearish on bonds and bearish on gold.

So far in 2014, gold is up 8% YTD and the Barclays 7-10 Year Treasury Bond Fund (IEF) - Get iShares 7-10 Year Treasury Bond ETF Report is up 5% YTD.

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I continue to look for inflation accelerating that will slow down U.S. consumption growth. In addition, I am looking for the Federal Reserve to become more dovish and start a new round of quantitative easing as we head into 2015.

This stock market is not for amateurs. The easy money has been made. Traders need a coherent trading process that signals when to buy stocks and when to sell stocks. You know I have been pounding the table about that process.

The Fed-induced bubble will pop. It is not a question of if, but when.

On Tuesday, we covered our Ampio Pharmaceuticals (AMPE) - Get Ampio Pharmaceuticals, Inc. Report short for a 1% gain. This type of trading requires precision. We also started new long positions in Monsanto Co (MON) which has an extraordinarily oversold signal and started a long position in Lam Research (LRCX) - Get Lam Research Corporation Report, which has an extremely oversold condition. Once again, refer to for the techniques and process. The success rate is better than 92% since inception in July 2013.

At the time of publication, the author was long LRCX and MON, although positions may change at any time.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.