2.18.2009

PRE 4 ENDING


A fairly uneventful day in the markets as equities flip flopped between the flat line depending on the news and the speaker,


NYSE - 1350 net losers;

NAZ- 600 net losers;


VIX - down 5% at 46 despite flat markets;


Down volume about 2x the up;


TRIN- .75;


Gold - up $16 at $986+;


RSI (2) levels under 5 on most of the major indexes while the VIX is about 5% above the SMA 10;

Seems to be a day traders market for now and that is what I intend to do tomorrow- will gauge direction when I see some numbers.

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