NOT TOO PRETTY

The markets are looking none too pretty as we head into the afternoon. The only green things on my screen sans the Volatility Sisters, are DNA AMGN and C. Everything else is lower. SEMIS BROKERS and OILS all about 1.5% lower. The market internals are red by 2400 and the newly watched 10 year Bond is flat. One thing I noticed is that if the market internals close at these levels, the adv/dec indicator that I mentioned earlier will be -875. The last time it was at those levels was around October 11, 2005. Yes that is correct, the October lows.