12.09.2008

THE GOVERNATOR


Turn around Tuesday shows right on time as the DJIA is down 100 but well off the worst levels and the NAZ/NQ has already rebounded to green along with the semis - which is where all the damage was done in the after market yesterday.


Strong sectors- oils, semis, shipping and tech while trannies, real estate, banks and telecom lag.


NYSE- 700 net red;

NAZ- 300 net red;

NDX/OEX- bothe with 40 green;


VIX- flattish;


Down volume double the up;


Doesn't look like this market wants to stay down as the dip buyers show early- I have bought some QLD and DIG- and will watch to see how long I want to stick with them.


VIX+ on the latest revolution.

BESPOKE with a rally analysis.

And congrats to the governor from the great state of Illinois.


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