9.29.2009

CLOSING SELLS


Markets closed near the lows as selling accelerated in the final hour - after equities traded in a tight range most of the day.


SPX -2.5, NAZ-7 and DJIA -47.


NYSE- 125 net losers;

NAZ- 400 net losers;

SPX 225 GREEN;

NDX- 35 GREEN;


VIX- up 1% at 25.2;


TRIN- .88 with up and down volume about equal;


Gold and the dollar traded near the flatline.


Made snack money on an SSO trade and still holding a little as I suspect prices move back to the highs at 1080 before too long-


Just seems like any bit of good news will get the market higher and we may have a big move up on some Jobs news on Friday.

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