the close

Markets ended the day off their best levels but not too bad- DJIA -16, NAZ +14 and SPX +3. MID's far better at +1%.

Strongest sectors- china, metals, oils, ags, emerging markets and biotechs while retail, real estate, homies, utils and large cap value lagged.

Another light volume day with 900M shares traded up and 570M traded down;

NYSE- 967 net winners;

NAZ- 685 net winners;

NDX- 60 WINNERS;

OEX- 60 WINNERS;

IBD- 70 WINNERS;

VIX finished near flat at 25.64- still oversold at 8% below the SMA 10;

Gold almost to the $940 level and making the slow climb back- while OIL is up near $102- EURO back to 1.56+;

CCU deal apparently collapsing as C MS DB CS RBS and WB - not too happy to hold on to this paper- Any Takers?

Markets are still over bought and this CCU news make bring markets lower tomorrow- The good news is that the dippers may step up and and watching them will be key for now.