2.11.2009

MIDDAY LOOK


Markets are chopping around and the dip buyers so far are being rewarded.


Best action in metals, banks and brokers while energy, semis and tech continues to lag.


NYSE- 850 net green;

NAZ- 600 net green;

NDX- 60 GREEN;

OEX- 70 GREEN;


VIX- down 3.5% at/near 45;


Gold - hanging in above $940;


Crude is flat but energy stocks are acting poorly;


Probably choppy action and I dont think the bulls are getting a great feeling from the screens so far today-

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