Markets closed mixed the the DJIA -17, NAZ +14 and the SPX +1.
Strongest sectors included solar, metals, steel, tech, oil service and defense while financials, homies, real estate and biotech were weak.
NYSE/NAZ- flattish internals;
NDX- 60 WINNERS;
OEX- 50 WINNERS;
IBD-80 WINNERS;
VIX- down slightly;
TRIN- 1.04 - Up volume slightly better than down;
Financials were weak all day and that gave a nice profit in SKF and DIG gave a nice profit as it moved nicely higher in the afternoon as fundies probably wanted to show those securities in their EOM reports. Not Cramer type Mad Money- but not bad.
Speaking of MAD MONEY- Jimmy's short time favorite
KRY crossed the briefing wires this morning and the price was 79 cents- Jimmy recommended it in May of 2006 near the $6 level and I had
this to say about the speculative hunk of junk then. Just some weekend amusement.
