CLOSING MIXED

That is it for a day that started out low went up and ended up mainly unchanged with the DJIA +5, NAZ -5 and SPX -2.

Strong sectors included biotech, semis, drugs and trannies. Leading lower were silver stocks, metals, airlines, oils, small cap value and gaming.

Down volume beat up volume about 9/5 while the market internals never confirmed a rally. The NYSE finished red -925 and the NAZ red 870.

The OEX/NDX both closed with about 3 red to every 2 green while the SPX was a little worse at 180/320.

Key stocks mainly lower with the exception of GS MS BSC SGP GILD and AMGN. The exchanges were all lower with the CME and NYX the most red.

Winners included AMGN HNZ MEDI BNI INTC BAX HON GILD LLTC AMGN CELG MXIM and APOL.

Big losers included LOGI ERTS EBAY YHOO UAUA VRTX and JNPR.

GOOG is trading up in after hours trading as folks seem to like the numbers/guidance. I have no clue as I stopped following the stocks closely a while ago as it rarely moves.

I don't expect much in the way of upward momentum tomorrow as its the end of a tough weak for both the bulls and bears. Next week the markets may get going again if companies can continue to report good numbers/guidance.