THE W

Markets continue to hover near the unchanged line with a little pick up in the market internals. Financials also seem to have improved slightly as they "appear" to be coming off the floor on the day.

Strongest sectors- airlines, oils, reits, ags, telecom and internets while banks, brokers, homies and semis lag.

NYSE- 75 net winners;

NAZ- 75 net losers;

NDX- 58 WINNERS;

OEX-46 WINNERS;

IBD 100- 70 WINNERS;

VIX- heading to the flat line;

10 year Bond- moving up and now at 3.49%;

Up volume about even with Down volume;

Looks like 1325 was about the lows for the day and wouldn't be surprising if that was the low for the day as the markets are definitely over sold on the heels of the big tumble down on Friday.

Some interesting stats from our friends at US News- George W. Bush presidency deemed a failure by 98% of the "historians." And 61% view it as the worst in American history. Who would have thought with the economy, Iraq, BSC, housing, credit etc....