THE OPEN

Markets open higher led by tech and semis with the exception of recent favs BIDU and GOOG. Semis look good with the SMH +2.5% led by INTC.

Other strong sectors include homies, metals, ags, real estate, brokers and small caps- losers include oils, large cap value and gaming.

Key stocks- 25/40 higher led by RIMM KLAC SMH MSFT MTW INTC DECK UA BG MGM- losers- WYNN VMW GRMN ICE MA NYX BIDU CME XOM;

NYSE- 700 net winners;

NAZ - 800 net winners;

NDX- 60 GREEN;

OEX- 60 GREEN;

IBD- 66 GREEN;

VIX- down 1.5%;

TRIN- .75

Up volume 2X Down Volume;

Don't think today will be a rip roaring day higher but buying dips and selling rips may be the day trading winning strategy for now.