THE WRAP

A brutally boring day in the markets as they flipped between green and red most of the day. The day ended down as usual but it was bullish according to CNBC - as it could have been worse. Seems like as long as the markets remain above ZERO, the folks at CNBC will continue to look at it as bullish.

Strong sectors included airlines, oils, ags, metals and trannies while banks, brokers, homies and semis lagged.

NYSE- 600 net losers;

NAZ- 750 net losers;

NDX/OEX- 40 WINNERS on each;

VIX- up 2% at 23.89;

Down volume about 150% of Up volume and light under 1.2B shares;

GOLD- $926;

CRUDE- about $112;

EURO- 1.58 and about flat on the day;

OIH up another $5 and trading at $193+ doesn't seem to pullback anymore;

Overall- maybe we get turnaround Tuesday tomorrow- support defenitely at 1315/1325.