THE ULTIMATE INDICATOR

Mark Haines, he may just be the ultimate indicator. He just mentioned how great the market looks, volume looks good, market internals look great everything is grand. He is more giddy than Bob Pisani at his happiest. Now the bad news, the internals are back to 900 net green, the semis continue to underperform down over 1%, the QQQQ has turned red as have Small caps, GS is down a beaner and a half and the SPY as I type is up a whole 12 cents. I have reshorted my position from yesterday and I will be watching very closely as the GAP closes. I will be keeping that 130.5 number on my radar.