Reply #35: 11:07 EST numbers (all red) and blather

[UpInArms]

Dow 10,775.54 -7.47 (-0.07%)
Nasdaq 2,155.08 -20.36 (-0.94%)
S&P 500 1,206.37 -5.55 (-0.46%)
10-Yr Bond 4.228 +0.12 (+0.28%)

NYSE Volume 502,543,000
Nasdaq Volume 922,594,000

11:00AM: Still not a great deal of conviction as a bearish bias remains firmly intact... Decliners on both the NYSE and the Nasdaq, which just over an hour ago lagged advancers by a commanding margin, now hold a more than 2 to 1 edge over advancing issues... Stronger volumes have returned, after a long week of limited participation, but down volumes on both the Big Board and Composite continue to hold a substantial advantage over up volumes...

Blue chips, however, have shown some resilience in the face of renewed selling interest, with gains in Wal-Mart (WMT 53.91 +1.09), following strong same store sales data for December, and Citigroup (C 48.66 +0.48) continue offset losses in Merck (MRK 31.40 -0.74) and Exxon Mobil (XOM 50.61 -0.65)...NYSE Adv/Dec 897/2151, Nasdaq Adv/Dec 821/2109