10.30.2008

NOON MARKETS


The gap filled and congrats to all that took that nice short entry- and I suspect it may reappear before long as a lower close today may be in the cards.


Currently, DJIA+80, NAZ +15 and SPX +10.5.


Strong- emerging markets, ags, gaming, shipping and oil service while metals, banks, telecom and real estate lag.


NYSE- 1500 net green;

NAZ- 900 net green;

NDX- 70 GREEN;

OEX- 75 GREEN;


VIX- down a bit at 67.4;


Up volume 3X the down;


SPX gap filled at 930 and yesterday's highs at 970 still a distant memory- financials and banks lagging again as GS/GE BKX all trade ugly- may be preceding the rest of the markets selling off.
GS on the bonus pool;
The bulls and the GOP;
Trading the Volatility;
Finally- Cramer;

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