THE WRAP

The trading day is over and not one of the big three major indexes managed to close in the green despite the early afternoon rally - that was quickly faded.

Strong sectors- metals, semis, real estate, tech and oils while homies, utils, retail and financials lagged.

NYSE- 1100 net losers;

NAZ- 760 net losers;

NDX- 40 GREEN;

OEX- 35 GREEN;

VIX - lower by 4% as the fear refuses to appear.

Odd ball day with up and down volume about equal and a TRIN reading of .55- looks like all the volume went to the winners.

RSI (2) levels way oversold as usual and now about 2 on most major indexes.-

Kass looking for rally- Quant with a bullish stat on his CBI and Barry with THIS stretched chart. Tomorrow another day and its all about the day trading for now-