THE CLOSE

Markets finished the day very close to where they began with much volatility in between. The DJIA Futures traded between 12,146 and 12,053, about a 100 point range and the cash index closed down 6.

In my humble opinion, more "evidence" of a demand for equities as the markets rallied off the close in the final hours and hit a number of high "TICK' numbers (+1,200).

I expect the markets to rally for the rest of the week as the money starts to flow in from 401K and retirement plans. Tell the CNBC crew and Mark Haines especially that is called Retail participation.

Market internals flipped to near flat as there were about 150 more losing issues than winners on the two big exchanges; a reversal from the negative 800 earlier in the day.

The other reversal on the day was in the oil patch as crude and the OIH/XLE group all flipped to green. Just maybe another low put in the OIH as 130 holds for now.

Sector winners today included tech, metals, oils, biotechs, semis and the NAZ. Red included small caps, trannies, airlines, drugs, retail, cyclicals and GOOG.