THE CLOSE

The close was not a pretty sight today and Larry Kudlow of TV fame is blaming the lousy day on the Dubai Port situation. Hard to believe Larry is going with the administration on this issue. Shocking. Back to the markets, they hit their highs on the day early in the session and sold off consistently through out the day. The internals were 1,000 to the red, and just about all market sectors were lower. The worst performance came from the Nazdaq and the techs in particular with the chips being especially weak. I guess we will have to wait a little longer for Cramer's tech rally which he consistently calls and never seems to come. Same old same old.