12.02.2008

THE CLOSE


Markets did the usual- strong most of the day and closed near the highs - internals strong all day - even during the pullbacks- GE also a big winner +14% and dragged the market up with it.


RSI (2) levels near 50 on most major market indexes.


VIX lower by 8% and near 63.


Ten year at 2.69%;


Gold +$15 at $784.


If the market gaps up tomorrow - probably a shorting opportunity - if the market gaps down - probably a short on pull ups.

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