CLOSING NUMBERS

Markets closed in the green but some sell signals are certaintly apparent. The DJIA closed +40, NAZ +9.5 and SPX +5.7. The NDX 100 lagged and closed flat while the RUT/MID were again the best of the major indexes.

Strong sectors included metals, gaming, small caps, tech, retail, biotechs and defense. Weak links were utilities, bonds, homies, internets, drugs and airlines.

Big winners- MICC MRVL EXPD WYNN BYD WMT LTD LEH AVP COP CYNO MT MTOX PCR PCU RIO ACH MTL and MS.

Losers- HURN HURC AAPL PCP SYNL LAYN T EXC VZ MRK BA KO SO ATVI NTAP VMED VRTX and SNDK.

Market internals were strong with 1,100 net gainers on the NYSE and 730 net green on the NAZ.

The NDX was about 2/1 up to down while the OEX was 3/1 green to red.

The VIX/VXO tandem were both down about 2% ahead of the weekend and trade a few % below their respective 10 day SMA's.

The 2 day RSI numbers on the major indexes are as follows:

DWC 96

SPX 95

OEX 89

DJIA 93

MID 96

RUT 96

COMPQ 94

NDX 91

Small Growth 96

Large Value 85

Those numbers speak for themselves as I did take some longs off as I don't expect much more upside from these levels. Hopefully I will be buying back lower and selling higher and again.

And lets see what kind of weekend AROD will have now that the pressure is off.