1.12.2009

MIDDAY SNOOZE


Markets with lots of stops and starts - but basically no where since the morning trade-


NYSE- 1175 net losers;

NAZ- 775 net losers;

NDX- 15 GREEN;

OEX- 25 GREEN;


VIX- up 3.75% at/near 44.5;


Down volume 5X the up;


Gold still down over $30 while crude is coming back a bit only down $2.55;


Support on the SPX at/near 870 but looking for a move higher before the day is over-as oversold markets continue to flop around.

1 Comments:

Anonymous Anonymous said...

Markets are oversold to say the least. Where's that Obama bounce or is that played out too? lol

2:06 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home