THE GOOD BAD and UGLY

So far the good is the DJIA hanging near the flat line with an equal amount of winners and losers. Best components are still MO and PFE and worst are techs led by MSFT INTC. The SPX also continues to hang near the flat line.

The bad is IWM SEMI's NAZ OIH XLE and QQQQ all lagging along with market internals at 1,300 to the red. Oils, homies, airlines, techs and metals the worst sectors while the best performers are drugs and retailers.

The ugly is an analysis by Adam of Jim's columns from yesterday and Tuesday. Check it out as he was bearish on Tuesday with the every sale is smart (lower), while coming back with the have to buy Wednesday(higher). More of the same from our favorite carnival barker.