OPENING DASH

Markets open mixed again with the DJIA slightly higher and SPX flat. The NAZ/NDX continues to lead as they don't have the financial baggage of the SPX/DJIA.

Strongest sectors include oil service, gaming and semis while banks, steel, homies, coal and metals lag.

NYSE- 400 net losers;

NAZ- 125 net losers;

NDX- 70 GREEN;

OEX-50 GREEN;

IBD- 35 GREEN;

VIX- flat near the 20.5 line;

TRIN- 1.03 with down volume slightly higher than down;

Keep a watch on the financials as again that will be the place that leads the markets either up or down- for now its a mixed bag with C JPM GS MS higher and LEH LM MER MRJF WFC WB USB MTB BAC all red-

SPX 1370 also a big level to watch but so far holding.