TT TOMORROW

Equities meandered most of the day but did close higher with the SPX +7.7, NAZ +22 and the DJIA +29.5 and held back by XOM.

Strongest sectors- gaming, nat gas, metals, real estate and small caps while internets, brokers, emerging markets and airlines lagged.

NYSE- 1370 net winners;

NAZ- 900 net winners;

SPX- 415 green;

NDX- 87 green;

VIX- down 2% at 21.15 and about 4% under the SMA 10.

TRIN- 1.17 with up volume about 2.5x the down;

RSI 2 levels as follows:

SPX 93

NDX 82

COMPQ 94

RUT 92

DJIA 92

VIX 12

VXX 7

Markets over bought but we are in very bullish time of year - but then again tomorrow is TTuesday- so this fish took some stuff off QLD- and looking for a quick pull back.