THE OPEN

This time a little follow through to the downside and the question for folks to ponder - is the market breaking to the down side? The DJIA -60, NAZ -17 and SPX -8.

Strong sectors- internets, gaming and retail while metals, airlines, oils, brokers and homies lag.

Key stocks- 8/40 higher- leaders- AMZN GRMN NVDA ISRG MGM WYNN TIF PG- lower- VMW UA BG ICE C AAPL RIMM POT MA KLAC MS BAC;

NYSE- 1200 net losers;

NAZ- 1000 net losers;

NDX- 45 GREEN;

OEX-20 GREEN;

IBD- 20 GREEN;

VIX flat;

TRIN 1.2;

Down volume 3X up volume;

Markets are back in over sold territory but who knows if they break down from here. Just gonna watch.