11:00 UPDATE

The action is fast and furious today as the market indexes are all over the board but primarily mixed. The precious metals have rebounded and the XAU and HUI are both +3%. Oils are higher with OIH + 1%, but that thing always trades all over the board. Other sectors sticking out MSH(-.8%),IWM flat,Internets(HHH-1.5%), SMH(-1.8%), IBB flat. The market internals are +700 on NYSE and -75 on the NAZ. FORD a recent pick of TC at globaltechstocks.com is higher by 10% and SNDK is down 8% back to 60.

The Volatility indexes are flat and the 10 year Bond is sitting at 5.03% with the homies and the Reits unchanged.

The SPY Pivot of 131.2 looks like a magnet area for today and is probably a good spot for a quick daytrade.