DOWN AGAIN

So now we know why GS was ripping in the afternoon yesterday after selling off all morning- and note how Buffet is helping the markets now- probably keeping them from another 200 point DJIA sell down.

Anyhow, markets are trading near the unchanged line and one item of note- 1185 on the SPX seems to be support for now - so a break there could lead to lots more selling.

NYSE/NAZ flattish internals;

NDX- 60 GREEN;

OEX-50 GREEN;

VIX- slightly higher at 36.2;

NYSE volume about even between up and down;

Still expecting a rally when a deal gets done and it will get done.

The Quant on some new research;

The news for McLame;