SNOOZEFEST

A sleepy day on wall street as the both the bulls and bears are taking a rest. The DJIA+6, NAZ+8 and SPX +3. The MIDS remain the place of the day up .5%.

Strongest sectors, gaming (WYNN/LVS soaring again), oil service, metals, semis, emerging markets, real estate and brokers while utils, retail, airlines, biotech and internets lag.

NYSE internals+830;

NAZ internals +300;

OEX 60 WINNERS;

NDX 65 WINNERS;

IBD 100- 64 WINNERS;

Key stocks Green- AAPL AMZN BIDU C CME COST GE GS IBB IBM ICE MGM MS NYX RIMM WFC XOM;

Key stocks Red- BAC BAM CROX GOOG JPM MO MER;

Big Gainers- JRJC SNHY MTL ACM DRYS MTW SID TEX MS LEH SLB TXN NXY AA ALL AVP ATI COF DISH WYNN JOYG SNDK BEAS NIHD ERIC NTAP DISCA SIRI LAMR;

Big Losers- SBUX PAYX AKAM BIIB YHOO LOW SYMC GENZ LRCX ADSK EXC TYC CSC MRK GM F TGT DIS BUD MCD ETR GME WNR FTK VSEC GMCR STP PKX CRNT TNE VSEA TKC;

VIX Flat and about 15% below the 10 day SMA;

Once again I am expecting a pull back which I want to buy and I expect a nice run by the bulls into the end of the year. Not much else to say but hoping to see that picture again this weekend.