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