THE OPEN

Markets open higher but are now well off their best levels-

Strongest sectors include gaming, financials, steel, ags, homies and emerging markets while internets, drugs, trannies, retail and defense lags.

NYSE- 750 net losers;

NAZ- 500 net losers;

NDX-45 GREEN;

OEX- 45 GREEN;

VIX- flat at 24;

TRIN- .84 with twice as much volume to the upside;

Crude up about a buck after being much higher earlier;

SPX 1290 the upside resistance area but still far far away- brokers are trading mixed and unless they stay green the markets could turn lower- a fill of the morning gap open should not surprise anyone.