TECH WRECK

Markets continue to trade lower but off the worst levels of the day as tech, semis, retailers and internets lead the way lower. The strongest groups include metals, some brokers and some banks.

Market internals still awful with 3600 more losers than winners on the NYSE and NAZ.

OEX and NDX both with about 9 winners- including - LOGI GILD DISCA APOL WFMI BMET PTEN XRAY DISH RTN MS GS BUD JNJ KO CL CCU C; LOSERS- DELL EK AA GM NSM LTD TGT NXY HPQ SNDK NTAP ATVI JOYG NVDA CTXS AMAT SPLS;

Checking in on stocks that are green in todays selloff- C GS MER MS NMX NYX GILD CL K KO JNJ NVS SNY Y NBR RIG SLB UA WFMI;

Very conspicuous in the sell off, BIG CAP TECH, which was supposedly a safe haven in the credit crunch- not sure how safe in a crummy economy:

AAPL -2.21%

AMAT -3.1%

HPQ -2.7%

IBM -1.3%

INFY -2.55%

INTC -2.6%

KLAC -2%

NVDA -3.5%

RIMM-2.65%

SMH -2.7%

SNDK -4.75%

TXN -2.33%

Every one waiting on the close to see how good or bad it will be- My guess- no clue.