THE CLOSE

Another day and another day filled with dip buying opportunities for the quick day trader. The DJIA close up 95 and the SPX +8- NAZ +8.

Strongest sectors- telecom, homies, banks, airlines, insurance and brokers while oil service, internets, reits, emerging markets and metals lagged.

Key stocks- leaders- LVS UA GRMN NVDA NYX BAC MO MGM WYNN MA - laggards- VMW ISRG BIDU AMZN BG KLAC KO CME GOOG PG MCD;

NYSE- 1,050 net winners;

NAZ-440 net winners;

NDX-65 WINNERS;

OEX-60 WINNERS;

IBD 100- 45 WINNERS;

VIX- FLAT;

Up volume about 2X Down volume and light overall at 1.5B;- last week 2.5B was typical;

TRIN .99;

Hopefully some made some buy the dip coins as the market internals gave the game away by being strong from the get go.

Tomorrow is a day when I will do little if any trading but lots of watching. Many are expecting the sell the news rally especially in light of the recent market move higher. Solid resistance about 25 SPX points higher near the 1,385 levels. And how about that Cramer throwing in the towel on tech. Who would have thought he would love GOOG at 700, AAPL at 200 and BIDU at /near 400 and sell em down here at 550/130/270 respectively. Got to love Kramer.