MORNING WHOOSH

Market very choppy with a lower bias as financials are again lower- still sitting on the sidelines waiting for a long entry-

Strong sectors- drugs, biotech and defense while steel, ags, oils and metals lag.

NYSE- 400 net red;

NAZ - 150 net green;

NDX/OEX- 100 GREEN;

IBD- 15 GREEN;

VIX- flat at 25.75;

Down volume about 2X up;

Markets selling off as I type and maybe the whoosh down before the buyers step in - eh;

Obviously market way over sold - so waiting yet again;