2.13.2008

MIDDAY ROCKET



Some one is not telling the truth and I just need to know who it is - well gee whiz.





Anyhow, markets are higher led by the NDX and the RUT while large cap value is lagging.





Strongest sectors- oils, semis, telecom, tech, metals and emerging markets while gaming, financials and utils are lagging.





NYSE- 700 net winners;


NAZ- 1,200 net winners;


NDX- 85 GREEN;


OEX- 80 GREEN;


IBD - 75 GREEN;


VIX- down 5% and approaching the 10% below the 10 SMA level;


TRIN- .65;

Up volume 3X Down volume;

GS up $4 from the morning lows- no idea what the deal is here- but it seems cheap-

Technically, yesterdays highs now in the rear view mirror and lets see if they close above.

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