CLOSING NUMBERS

Another day in paradise as the DJIA closes down 155, NAZ -43 and SPX -20 and 3 points away from the magic 1,270 number. Oh and some issues in the New York State Governor's mansion.

Strongest sectors- semis, utils, drugs, oils and internets while ags, airlines, brokers, metals and biotech were the weakest.

Market internals- 6/1 losers/winners on the NYSE and 3.5/1 losers to winners;

NDX- 15 GREEN;

OEX -15 GREEN;

IBD 100- 9 GREEN;

WINNERS- CMED BOOM ENS ICLR CEDC SVR TISI HES MA VMED APOL AMAT AMGN EXPE MCD ORCL TXN XRX HNZ BUD AMGN;

LOSERS- UNH CI LEH ATI C GM COF MER GOOG LVLT VRTX NIHD UAUA NVDA FWLT GILD MICC RIMM FMCN SMTS AFAM TITN MTL ARGN AGU FCSX FSTR;

VIX- nearing 30 and about 7% higher - trading 15% above the 10 SMA;

My proprietary overbought/oversold breadth indicator about as over sold as it gets and near levels it has been at other market bottoms.

RSI (2) levels- at near 3;

10 year Bond- 3.44%;

Going out on a limb and declaring a rally some time tomorrow as I have covered most shorts.