4.08.2009

MIDDAY RAMP


Markets are higher on fairly light volume and banks/brokers are lagging-


NYSE- 1530 net green;

NAZ- 1075 net green;

NDX-90 GREEN;

OEX -80 GREEN;


VIX- down 4% and under 40 at 38.75;


TRIN- 1 with up volume 3x the down;


Gold higher by $8 and crude up $1.5;


Have been wanting to buy today but just don't trust this light volume move higher - despite the awesome internals- so looking for QLD once there is a decent pull back.


Stock twits pretty good but I doubt its worth $20 a month as it exists now - and the creators say that everything available now will remain free. Good enough for me.

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