THE CLOSE

Sorry for the lonely one post today but duty called elsewhere and I will also be out in the AM.

Markets had a decent day as DNA KLAC ORCL GOOG KSS HD CSCO and GS all excelled to the green. Market internals flipped interday from a negative 1,200 in the early trade to a plus 1,200 at the close.

Oil stocks also flipped red with the OIH closing down over two points in spite of higher crude.

Other notable losers included YHOO MSFT PAAS WMT and AMGN.

Semis were strong in the morning but sold off in the PM as INTC closed unchanged. Maybe a little tell of the story for tomorrow as these guys have been leading in both directions.

The brokers continue to act great with GS+$1.8, MS +$.59 and MER+$.5.

Volatility indexes continue to hang near the 11 level and my guess is when they break higher the market is gonna break pretty hard. For what it is worth.

Finally for the yankee fan/observer who wants to dump AROD for prospects or whatever, what happens if you get prospects for him that don't work out well and he gets hot for then next several years and ends up with 800 homeruns for his career. Just more food for thought.