The market got it’s "probable good NFP#", but it couldn’t put ”aside everything (crude>100, Libya, Saudi Arabia etc.)” for another day and sold off across the board. Despite what was a >20pts SPX /100+ DJIA intraday loss, the important takeaway is it was an ETF trade all day, including the bounce into the close. See Shadowlist below. There was no real selling of individual stocks and if there is no escalation this weekend abroad, the market should recover some and continue to trade sideways. Heading into the week...sticking to 3 groups discussed last week, Opticals/networking, coals, semi’s off upgrade.