THE CLOSE

Markets closed at the highs of the day after flat lining after the gap - the SPX +27, NAZ +52 and the DJIA +235.

Strong sectors- real estate, banks, fins, homies, energy, brokers and materials while metals, telecom and drugs lagged.

SPX -450 GREEN;

NDX - 90 GREEN;

OEX- 90 GREEN;

VIX- down 7% at 30.25;

Today - I hate to say it - but pretty easy - the buyers tipped their hand early as they bought the dip and big as the ticks were very high early - showing the trade was to buy pullbacks and hold on for the close - which was the high- This fish bought QLD SSO IYF pretty early and sold pretty late - and best daytrades I have had in a while.

Tomorrow is of course turn around Tuesday and with RSI numbers at over bought levels near 80 on most major indexes - it looks like consolidation ahead- and we now have real good support at the EMA 20 on the ES/SPX- so happy day for now.

An interesting poll by Gallup - not so good for the whig party;

Some nice trading links here;

And some nice Self Regulation here;