2.23.2009

MIDDAY TRADE


Markets continue to trade ugly with few in the way of pull ups for those who want to short. We did however find some support near 750 on the SPX - but a move through there this PM could give us a very ugly close.


Sector strength in banks and homies while real estate and energy lag.


NYSE- 1940 net losers;

NAZ- 1200 net losers;


VIX- up 4.5% at 51.5.


Still looking to short rallies when ever I can find them - trying to keep it on TWITTER-


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