THE MIX

Equities trading mixed at midday with the SPX up a hair - and the NAZ/NDX down about .5%- but both indexes well off the worst levels of the day.

Strongest sectors- banks, airlines, homies, gaming, retail and real estate while semis, internets, metals, emerging markets and tech lag.

NYSE - flat internals;

NAZ- 90 net losers;

SPX- 220 GREEN;

NDX- 31 GREEN;

VIX- down a hair at 19 and about 4% under the SMA 10.

TRIN- .78 with up volume slightly better than down.

Gold down about .5% at 1131 while silver is up a bit at 18.27.

Crude down a bit while energy stocks are lagging the major indexes.

RSI 2 levels diverging among the major indexes as follows:

SPX 83

NAZ 26

DJIA 67

NDX 25

RUT 62

So probably time to buy the NAZ/NDX and sell the SPX - or something like that - not sure we get much more action today as most are waiting for the jobs numbers tomorrow.