3.24.2009

NOON LOOK



Markets has the feel that it wants to go higher - all the dips getting bought - so lets see how this ends up today.





SPX -3 NAZ -16.5 and the RUT the worst of the bunch at a red 1.7%.





Sectors - strength - shipping, gaming, fins, homies and retails- weakness- metals, ags, internets and small caps.





NYSE- 620 net losers;


NAZ- 780 net losers;


NDX- 30 GREEN;


OEX- 45 GREEN;





VIX- down 3.5% at 41.75;





TRIN- 1.16- Down volume about 2x the up;

Looks like Lance will be back;



BIG on the worst is first;

An Embarrassment;

Trend days v Range days;

Looking to get long with an intermediate stop now at/near the 800 level- the dippers look like they want in or more and the fins act well let by GS and MS- for the mean time its a baby bull market.

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