CLOSING THOUGHTS

The stage was set for an afternoon rally as the brokers were green led by GS (new all time HI), semis green, internals flipped from a bearish red 1,600 to flat, small caps flipped to green, and GOOG marched higher all day. But no deal as the major market indexes couldn't get any jig past the flat line and closed lower.

Strongest sectors were brokers, semis, oils, homies, airlines and retail. Weakest were metals, software, internets, trannies, tech and drugs.

I bought some DJIA Futures in the middle of the day expecting the typical rally for a gain of 40 or so but no dice as the long side was wrong for the first time in quite a while. And how about the recent crummy action in MSFT as it hit the brick wall at thirty. Not helping the NAZ at all. And is there any chance that the new appearance of the new CNBC.COM marks the end of the recent bull market. Stranger things have happened.

XOM the new Jimmy Cramer must own stock into year end as all the funds had to be buying it is the big loser today as it is down $1.75 or the most in quite a while. Funny how there was no mention of that into the close on CNBC as they only report Jimmy's winners.

For all the Googleoonians, note that GS hits a new high up $3.62 today while GOOG lags way under its recent highs at $490 and change.