12.26.2007

PRE OPEN FACTS


If you are thinking of buying today for a short term trade, I would note the following:


VIX- 14% under the 10 SMA;

VXD- 15% under the 10 SMA;

VXO- 19% under the 10 SMA;

RVX -14% under the 10 SMA;


RSI (2) levels:


SPX -95

OEX-95

DJIA -95

RUT -97

NDX -96

MID -96

QQQQ-96


Short term moving averages on advance/decline lines- way overbought;


Gapping up- SOLF SMI CSIQ JADE PAR ITRN CWCO ESLR HOKO DRYS CAAS CELG-


Gapping down- SKM LIZ MAK TGT LXP WMB VZ PETM NYX-

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