T/A ETF AND INDEX

[shortterm]

Did they just catch Bin Laden?

NYSE TICK hit over 1000, and staying above 700 at the moment. TRIN moving up now 1.06. Nasdaq TICK 280 or so and TRIN 0.94.


Anyway the ISM non-manufacturing survey came at 52.9 (below 50 is contraction), 56 expected and the average for the first half of the year was 59.6.

Factory orders were unchanged from August. July decline was revised down to -1%, also. Decline of -0.2% expected.

Excluding the volatile transportation equipment category, orders fell 0.7 percent, the biggest decrease since February.