MIDDAY DRIP
A new time but seems like the same old market as the financials continue to head straight down with the BKX at the new low of 27.45 lower by 13% on the day.
NYSE- 2100 net losers;
NAZ- 1630 net losers;
NDX- 6 GREEN;
OEX 18 GREEN;
VIX- down 13% at 52.1;
Down volume 7X the up;
Hopefully Obama manages to a little more for the investor than the last guy.
Probably not much lower or higher the rest of the day as the damage seems done - and the market is even more over sold.
Tomorrow - possibly Turnaround Tuesday as we get near the old support at DJIA 8K .
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