THE JOBS

Markets opens lower despite the pre market futures moving up on the "only 525K job losses" which beat the ADP number and the probable whisper level.

DJIA -105, NAZ 37 and SPX -14.

Strong sectors- shipping and bonds while homies, oils, gaming, retail, small caps and retail lag.

NYSE- 1500 net losers;

NAZ- 1235 net losers;

NDX- 5 GREEN;

OEX- 10 GREEN;

VIX- DOWN .7%- at 42.25;

RSI (2) levels:

SPX 15

DJIA 9

RUT 20

NAZ 23

NDX 23

Markets are over sold on a short term basis but the VIX going lower on this mornings prices is a bit disconcerting.

I suspect a short term bounce coming for day traders as it was straight down after the open- just don't expect much- Probably next weeks business.

Madoff the movie;

Market Sci BLOG testing the TM trading rules;

High Yield Income ETF's;