OPENING LOOK

More lousy numbers on the econ front as the retail/consumer seems to be having his/her problems as TGT LOW and the homies spit the bit. Funny as the NAZ/NDX is higher yet again with AAPL MSFT HPQ IBM KLAC RIMM TXN YHOO CSCO RIMM SNDK all green.

Banks are terrible yet again as BAC JPM C MI MTB WB WFC are all lower;

Brokers/Xchanges a mixed bag with BSC GS ICE NDAQ green while BEN BX CME LEH LM MER MS NMX NYX all lower;

Defense in the green as the ITA is higher by .73%;

Gaming green yet again as MGM plays catch up to WYNN/LVS (long way to go) higher by 4%;

Oils lower with the exception of TSO which is being added to SPX;

Retail/Real Estate - lower with few exceptions;

NYSE internals- 1,050 more losers than winners;

NAZ internals- 630 net losers;

OEX- 40 WINNERS- CSC GD ABT CL AEP MSFT CSCO MRK BA KO NSC- LOSERS-TGT HD LTD WY WMT CMCSA COP HAL MS LEH COF MCD CAT;

NDX- 55 WINNERS- EXPE DISH GRMN UAUA MICC CHKP GILD IACI RIMM- LOSERS-LOW MXIM BBBY PCAR SPLS SHLD CMCSA PETM LVLT ROST CELG COST;

IBD 100- 40 WINNERS-MHJ JRJC NVT SNDA TDG CF POT CRNT GRMN LFC- LOSERS-FTK ARD DWSN TKC GPOR AIRM VSEC LAYN ARGN WNR OII;

VIX FLAT- still way under the 10 day SMA and in sell territory;