MIDDAY WORKS

Marekets are trading mixed with the SPX flat the NAZ down 9 and the DJIA +45.

Strongest sectors-banks, retail, brokers, Brazil, bonds and defense while gaming, trannies, airlines, tech and small caps lag.

NYSE- 250 net losers;

NAZ- 600 net losers;

SPX - 215/280;

NDX- 39 Green;

VIX- flat at 22.06;

TRIN- .8 with up and down volume about equal;

Dollar up at 75.4 while gold is down a bit at 1058.

Markets flopping around most of the morning while the internals remain red - bought some EWC and GDS as both look a bit oversold and will happily add on lower prices.