MIDDAY BORE

Choppy day to say the least as the SPX is +9 and the NAZ +17 - but very little movement since the early highs.





Strong sectors- homies, brokers, ags, semis and energy while metals, defense, shipping and drugs lag.





NYSE- 660 net green;


NAZ- 650 net green;


NDX- 75 GREEN;


OEX - 80 GREEN;





VIX - uh oh down 7% at 48.75;





TRIN- .6 up volume 2.5X the down;





Expecting the chop to continue and how boring is this Bernancke Q and A- as brutal as this choppy market- hopefully this afternoon brings some decent trades.



And some afternoon links:

Hot and Not for 09;

The Quant on a bounce;

The Retrace;

Saut on the soup;