12.02.2008

THE OUTAGE


Internet problems most of the day - so no great insight into the close - my best shot- not much going to happen - probably just bounces around these levels for the balance of the day with a slight bullish bias.


Market internals hanging in with 1700 net winners between the NYSE and NAZ.


OEX/NDX with about 75 winners on each.


VIX- down about 4.5% at/near 65.5;


Up volume about 3X the down;


GE C BAC MRK VZ INTC leading the DJIA higher with 22 of the 30 components green.