MIXED OPEN

Markets have opened mixed with MRK/PFE driving the DJIA higher while most tech is in the red driving the NAZ lower.

Strong sectors include drugs, silvers, metals, internets, brokers and large cap value while semis, tech, real estate, homies, trannies and retail are weak.

Big winners include MRK PFE AMGN ABT COF MCD GE MNST CTSH AMLN INFY and FAST.

Big losers - VRTX KLAC LRCX ADBE AMAT ALTR LLTC AAPL MSFT INTC LTD NSC GD BNI TXN and NSM.

Market internals as flat as they get on NAZ and NYSE while the OEX is about 45/55 green to red and NDX about 40/60 up to down.

Volatility indexes hanging near the 12 area and a bit below their 10 day SMA's.

I expect a rather dull choppy day although my screens are full of red in the tech/retail sectors. So probably to do little unless you just want to take quick fades.