5.10.2006

CAN'T BLAME GOOG

Up and running again as I suspect the issue was VZ and their FIOS service. Thankfully I didn't miss much as the market just chops around.

The fed heads add to the complications in the market as they put the word "yet" into the statement. Talking heads hopefully won't spend too many more hours trying to decipher the exact meaning of what "yet" "is."

The Oils have been interesting today as they refuse to go lower.

Market internals presently show a little more than 1,000 more losers than winners and the losers are predominantly on the NAZ.

Interesting that the homies are up almost 1% and the metals after running big yesterday are basically flat.

CNBC is keeping a close watch on the hoped for new high on the DJIA pretty much ignoring the ugly NAZ and the especially ugly Semi sector.

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