2.03.2009

THE OPEN


Markets are a bit dissapointing as they open mixed tech trailing and the DJIA leading.


Strong sectors- homies, shipping, biotech, metals and drugs while gaming, semis, reits, banks and oils lag.


NYSE/NAZ flat internals;

NDX- 33 GREEN;

OEX- 60 GREEN;


VIX- flat at 45;


Up volume 2X the down;


TRIN- .58;


Markets moving up as I type as my initial hunch is probably correct and there is a bid to the markets. One problem, sector strength continues to flip flop - tech weak today and strong yesterday etc-

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home