MORNING MARKETS

Markets trade mixed to higher on the heels of over sold conditions and a lack of bad news yet today. The RUT is of course the big winner on the day.

Strong sectors include real estate, financials, small cap value, retail, software and internets while metals, gaming, airlines and semis lag.

WINNERS- VRSN SPLS CTXS VRTX CHRW GILD HNZ USB ETR ALL WFC DD BAC CNH VDSI BCSI SF GMCR FCSX TRAK CF HMSY FSTR.

LOSERS- CPL ACH NILE PRFT ATN ICE VSEA STP PVG POT LFL GM LTD CSC TXN TGT AMGN NSM UPS EK AMAT ATVI SHLD JNPR LOGI MNST FLEX.

Market internals are mixed with 1530 winners and 1600 losers on the NYSE and 1600 winners and 1200 losers on the NAZ.

The NDX shows about 3/2 winners to losers while the OEX is far better with 70 up and 30 down.

Volatility indexes flattish as the VIX hangs in near the 27 level. Retiring "guru" Ralph Acampora expecting a VIX near 50 before the correction/bear mkt ends. Note to Ralph, I don't think so.