afternoon trading

Markets are still way up but off the highest levels of the day- However, note the action in MA V WFC LEH MS GS- all red to flat after being way higher.

Taking off some longs here as the markets getting a little frothy on a short term basis- note Major index ETF's near mid 80's on RSI (2) and the VIX about 10% under the SMA 10.

In addition, the VIX seems to be in the lower end of the recent trading range- SHORT TERM SELL SIGNAL.

Be advised that I reserve the right to put em back on QUICKLY-

I suspect tomorrow may be TURNAROUND TUESDAY.