THE CLOSE

Back to the usual as the markets close near the lows - with the SPX down 43 and the NAZ down 67.

Sector strength found in metals, bonds, drugs and biotech while financials, real estate and homies lagged.

NYSE- 2150 net losers;

NAZ- 1745 net losers;

NDX- 7 GREEN;

OEX- 1 GREEN;

VIX- higher by 7% at 46.67;

TRIN- 6.04- with down volume 30 X the up;

Back to over sold levels as the RSI (2) levels on most major indexes is under 20-VIX hardly in over bought territory but will look to buy tomorrow - and will add if the markets go lower. Seems to lots of support near the SPX 800 level.