HALF WAY

Markets continue to bounce around near the lows with the large cap value stocks acting the best of the bad.

Strongest sectors include biotechs, xchanges, semis, tech and oils. Leading lower are gaming, homies, metals, Aussies, real estate, retail, trannies and brokers.

Except for the aforementioned xchange stocks BAC and AAPL, just about all other key stocks are lower.

Market internals are net 2,500 red between the NAZ and the NYSE while the OEX/NDX/SPX indexes are showing about 4/1 red. The DJIA with 4 in the green T VZ MO and XOM.

IBD stocks also about 4/1 red with RVSN ICE ALB BWLD CYNO GRT and HURN ALGT LVS BTJ TPX GROW SPTN.

Strong stocks include AMLN MEDI LTBYA INTU ERTS SYMC DELL BAX NSM and XRX.

Weak stocks include DD TGT MDT WY GM TYC HD HON MSFT WYNN PCAR MNST and PTEN.


Volatility indexes up between 4 and 6% and they sit between the recent range.

I anticipate the bulls will take em up this PM (month end/quarter end/retirement money) and have bought some index etf's for a quick trade. In addition, EWA is getting beat up and I am dipping in that space (slowly) for more shares.