MIDDAY SNOOZE

Markets have turned lower as the financial leaders head down after a very strong week. The NAZ/NDX was key and it looks like the SPX/DJIA will be following-

Strong sector is oil while internets, biotechs, retail, homies and large growth lags.

NYSE/NAZ with about 1,000 net losers;

VIX- near the flat line at 24.6;

Crude -$130.5 and gyrating;

Gold- $960;

Up and down volume about equal;

TRIN 1.07;

Finished trading for the week and will revisit on Monday - with markets a bit over bought and VIX a little low here.