closing ok

What happened in the last few minutes of trading as the DJIA went from +100 to +20? Don't know but I bet it was a better day than most expected and probably most important- we again held on to the key 1,270 level on the SPX. To quote Pisani- NO DEBACLE- well with him if the markets stay above zero - it's not so horrible.

Anyhow, the DJIA the best performing major index with the RUT/MID the worst along with small cap growth.

Sectors- drugs, telecom, utils, semi the best groups while brokers, oil service, biotech, ags, gaming and internets the worst.

NYSE - 2100 net losers;

NAZ- 1500 net losers;

NDX- 20 GREEN;

OEX- 40 GREEN;

WINNERS- JPM USB SO MRK TYC T ABT VZ JNJ LVLT GRMN SIAL MSFT XLNX VRSN INTC ALTR SPLS CNQR CCH TITN NEU CEDC WFR;

LOSERS- FCSX FMCN TTES GIGM ARD HDB BBL LEH UNH IP AES BK MS GM CCU C S MER NYX HAL GOOG APOL FWLT BIDU UAUA LEAP ADBE VRTX GENZ AKAM;

Note the action in GOOG BIDU RIMM OIH and all the refiners- ugh; And how bout GOOG being down a higher % than GS- not mentioned once on from a bubblehead;

Its now up to the brokers as they all report this week and if their earnings don't implode- we should be ok- and again the 1270 level on SPX hold yet again. PPT?