THE OPEN

Markets open lower on the heels of lower prices in the the foreign markets and less than great news on this morning's inflation numbers.

Every sector I follow is in the red this AM with emerging markets, brokers, airlines, biotechs, real estate and homies acting the worst while gaming, defense, internets and tech are the best of the bad.

Key stocks- mostly lower with ICE GRMN MSFT MA MTW AMZN RIMM CAT MCD WYNN LVS in the green while CELG MER NVDA MS VMW BAC GS POT NYX acting the worst.

NYSE -1,750 net red;

NAZ-1,170 net red;

OEX-23 GREEN;

NDX-30 GREEN;

IBD 100- 22 GREEN;

WINNERS- CYNO ITEX FCSX GRMN MA CF DOW HON CSCO MSFT DD TYC XMSR SIRI XRAY CDNS PCAR AMZN MCHP;

LOSERS- BIIB MICC COST NIHD CELG QCOM INFY RF COF AIG AA AXP GM MS MER EMC WX HRBN BTJ EJ GIGM BBD MR SNHY;

VIX - higher by 3% and trading a hair above the 10 day SMA;

Lots of high negative ticks yesterday afternoon and this morning and the internals show much worse numbers than the actual indexes. Those facts don't usually predict higher prices in the short term.