9.26.2006

QUICK HEADS UP


Small caps and Semis have been lagging badly all morning and with NAZ internals a crummy +200 while DJIA FUTS +50, SPX FUTS +6 and NAZ FUTS+4, I would be very leery about buying at these levels. VXO also back under 11 another signal that buying these levels is not a great trade.

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