LOWER OPEN

Markets open lower with the DJIA -19, SPX -4 and NAZ-8 while Crude is up another % as the cold temps finally hit the Northeast (12 degrees here).

Sector winners include gaming, oil service, silver stocks, semis, metals and the dollar. Leading lower are biotechs, airlines, trannies, homies, brokers, internets, software, drugs and finanicials.

Notable losers include GOOG BBH MER MSFT (a 2 handle) and IAI. The action in the brokers has been unsettling of late as they are no longer leading when the markets have traded higher and the interday charts on the BKX and XBD this morning is straight down.

The internals are weak with the SPX showing about 150 gainers; the NDX and OEX each with about 30 green.

Overall internals are red 650 on both the NYSE and the NAZ.

Higher big caps include DELL WY F BA WMT CTSH PTEN WFMI KLAC CNX and NTRS. Big losers are STT CTX DJO DHI CCL PHM ERTS VRTX EXPD FAST GOOG and ISRG.

Volatility indexes are higher with the VIX/VXO tandem up a post weekend drip of 6%.