THE CLOSE

As I suspected - the bulls showed up this afternoon and cut the days losses in half - also note the low of the day a little before 10 AM- - so pretty bullish overall- I am sure the bears are none to happy with this performance.

Strongest sectors- brokers, bonds and biotech while gaming, oil service, metals and homies lagged.

NYSE- 1500 net losers.

NAZ- 1200 net losers.

NDX- 8 GREEN.

SPX- 95 GREEN.

VIX- higher by 5% at 26.1.

TRIN- 1.57 with down volume about 5x the up.

Traded some SSO to the long side - and made a few bucks - and still have some for turnaround Tuesday tomorrow-

RSI 2 levels a bit better than 10- and a move up tomorrow is probably in the cards as I suspect the Chinese markets come back tonight - and maybe even some new money comes in the next few days to give us a little oomph for a rally.