NOON SWOON

Markets turned red around 11:30 EST on the heels of the announcement of new duties on Chinese imports, mideast headlines regarding the pricing of crude in dollars and a DEBKA report that " American investors in Bahrain advised to pack up business operations and leave."

The headlines from the mideast are from Briefing.com and I don't think have been mentioned on CNBC.

Anyhow, the DJIA is -34, NAZ-5 and SPX -6.

Strongest sectors include real estate, reits, aussies, biotech, metals and airlines- Leading lower, oils, gaming, utilities, banks, brokers and large cap value.

Strong stocks include MEDI IP CAT NSC NSM VZ BRCM MRVL DISH WFMI and LBTYA.

Weak ones include INFY SIRI ERTS CTSH ISRG WYNN CHKP CFR MXIM EXC WMB SLB BHI and ATI.

Market internals have flipped and show a net 350 red on both the NYSE and NAZ.

The OEX/NDX showing about 3 to 1 down with the SPX at 150 up and 350 down.

Obviously a wild day on the street in light of the geopolitical headlines as the DJIA has traded between +80 and -120. TV gurus seem to think the markets will close near the highs and I won't hazard a guess as a day like this could mean a close just about anywhere. I plan on no further trades on the day.