OPENING CALLS

Markets are trading a bit lower near the open as traders await the Oil patch report at 10:30 est.

Sectors moving higher include silver stocks, airlines, brokers, oils service, internets and tech. Lower sectors include gaming, real estate and trannies.

Market internals on the NYSE/NAZ are flat while the OEX/NDX combo shows 40 up and 60 down while the SPX has 200 up and 300 down.

Strong stocks include MS ORCL WMB MEDI GE GOOG MER ORCL SNDK and NVDA.

Weak stocks include CTAS MICC EXPD LLTC BRCM FDX TWX AA UPS LTD and AEP.

Volatility indexes, a bit higher with the VIX/VXO combo back near the 13.5 levels and near the 90% of the 10 day SMA sell level.

Thats about it as we are shaping up for what looks like a pretty boring day on the street.