THE CLOSE

Not a bad day for the markets as the DJIA temporarily went green and the SPX/NAZ closed in the green.

NYSE- 275 net green;

NAZ- 150 net red;

NDX 60 GREEN;

OEX 55 GREEN;

VIX- FLAT at 47;

Up volume 2x the down;

GOLD about $900;

Market opens low on the heels of lousy world wide markets and quickly shakes it off and heads higher and closes the gap- not looking for break outs or break downs here as we appear to be in this range between 800 and 850 on the SPX.

And check the RSI (2) levels on the SPX - in the middle at/near 50.

GE awful as it sunk under $12 and is lining up as a candidate to be dumped from the DJIA along with C AA GM AXP and BAC.