2.24.2009

OPENING CHOP


The usual - an opening gap higher and shazam a fill of the gap to the downside - SPX +5.5 and NAZ +14.5.


NYSE- 350 net green after seeing +1,000 a few moments ago;

NAZ- +770;

NDX - 80 GREEN;

OEX- 75 GREEN;


VIX - down 4% at/near 50.6;


TRIN- .75 with up volume about 1.5X the down;


Gold -6 at $986;


Crude +.45cents at 38.4;


Choppy day at the start and may just end that way - buy dips sell rips- sorry.

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