9.28.2006

NOONISH


Markets are weaker at the noon hour with winners in the oil patch, semis, metals, and internets. Losers can be found with airlines, small caps,biotechs, tech, trannies and drugs.

Market internals have flopped fairly negative with about 1,150 more losers than winners.

My expectation for the afternoon, the mark up gang will have plenty of ammo for a ramp up and another try for the DJIA record.

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