THE SHORTS

Markets continue to struggle although off their worst levels.

I am still hanging on to some DXD/TWM but have sold SKF for a decent gain-

Metals the only sector in the green with very very bearish internals as their are about 3800 net losers on the NYSE/NAZ and about 10 out of 200 green on the NDX/OEX;

VIX higher by 10% but still well off the recent highs at 23.35;

Down volume about 11/1 of up volume;

Again, markets that are weak all day tend to close at/near the lows and if we bounce I will be buying more DXD QID TWM.