CLOSING CHOPPY

There it was - yet another choppy day after the big up day of yesterday - SPX +5.6 and NAZ +5.

Strong sectors- gaming, drugs, biotech, brokers and homies while real estate, energy, banks and internets lagged.

NYSE- 860 net winners;

NAZ- 390 net winners;

NDX /OEX- 115 GREEN between them;

VIX- flattish at 42.2;

TRIN- 1.07 while up volume was almost double the down;

Gold - flat $929;

Crude- down $1.25 at $45.8;

RSI (2) levels:

SPX 96

DJIA 96

NDX 94

COMPQ 95

RUT 94

XLF 98

DRG 92

RLX 97

MSH 87

SMH 97

HHH 71

Yeah- they are all over bought - and it will be interesting to see if the weekend readers decide to buy on Monday. Not holding trading positions over night and trying again with the day trading on Monday - winners today on DUG and losers on DUG and SRS. CHOP YOU UP.