More cracks.

Another bear attempt meets with programs keeping indexes flat.  One used to be able to attribute this to expiration games, but weekly options negate that thesis.  Friday profit taking perhaps.  News from Walmart is one more indication that the consumer recovery is not yet happening. ? And was that a capitulation in gold and miners ? Even if not, it is pretty close. Downgrade of RIG suggests that space may be close to done as well. People do really hate bonds, (little panic buying), the VIX barely budges and will Apple retest recent lows?  Lots of cross-currents. Let us see if there is any memory on Monday.


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