3.12.2009

THE OPEN


Markets trading near the flat line with leaders metals, financials, banks, biotech and drugs while shipping, trannies, internets and defense lags.


NYSE/NAZ - internals have flipped to a hair worse than flat;

NDX/OEX- both a bit better than 50 green;


VIX- flat at 43.4;


Up volume a hair better than down;


Looks like folks want to buy dips and its as simple as that for now- LONG SSO and LOOKING TOBUY PULLBACKS-

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