4.10.2006

OPENING LOOK

The markets open a bit to the higher side with market internals basically flat. The winners this morning are Oils(+2 or 3%), Financials(+.8%) GS+1.3% on the Barrons mention and Metals (+1%).

The techs and Volatility Indexes are flattish and INTC is higher by almost 1% on the Lenny Dykstra recommendation on Bulls and Bears on Saturday(lol).

The SPY is trading up 25 cents at 129.8 below its daily Pivot Point which is 130.1. I think it will have a hard time getting through there but I will be watching closely.

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