THE CLOSE

The market close was actually ok even though the SPY was again rejected at daily resistance of 130.5. The real bright spot on the day was the internals as they held steady and closed over 2,000 more to the green.

The Semi's hung tough in spite of the Vista launch delay with INTC rocketing 1% higher at the close. Small Caps up 1.5% is also a nice arrow for the bulls. Cramer bulling GS at 3:30 also didn't hurt.

Volatility still can not get off the mat and note AAPL red on the day in spite of the PC to MAC gibberish. The other meaningful market sectors were all up a tad on the day.

Until further notice, this remains a buy low(dip) sell high (rip) market.