MORE USUAL

Markets are trading mixed to lower despite the upbeat chatter from HPQ.

Strongest sectors include internets, metals, oils and drugs while brokers, gaming, ags and telecom lag.

NYSE- 560 net losers;
NAZ- 150 net losers;
NDX - 50 GREEN;
OEX- 40 GREEB;

VIX- flat at 69;

Down volume almost double the up;

Gold 735;
Crude 55;

I don't see much but a steady slow drift lower led by the NAZ/NDX despite the HPQ news- so not so encouraging. The good news if the market does accelerate lower - it may be time to buy a dip in the early afternoon time frame.

RSI (2) levels sitting near 20 on most major indexes.

Discussion this morning on squawk about the PPT- surprising one guest mentioned it and even said of course they manipulate the markets- Cashen/Santelli- clearly didn't want to discuss it.

Roger on throwing in the towel;

The Quant on the bad Breadth;

BESPOKE on a stretch;