THE CLIMB

No gap fill yet and with the markets this weak there was no way I was gonna play it. Seems like anytime the markets try to rally, the sellers come right back and fade it.

Internals have improved to 2,700 more losers than winners and the QQQQ has bounced the most from its morning low. SMH has turned green which is a similar story to Tuesday when it flipped first with KLAC and the markets eventually followed. Not so certain it will play that way again today even as KLAC is also green.

And congrats to the new leader of the Tour, Floyd Landis. Quite a bike race today, but I am not sure how one rides 2,200 miles in three weeks knowing one of your hips is about to be junked, but I guess that's bike racing.