THE OPEN

Markets look to be setting up for a choppy day as financials, metals and oils are higher while semis, trannies, retail and tech are flat to down.

NYSE- 575 net winners;

NAZ- 300 net winners;

NDX- 45 GREEN;

OEX- 50 GREEN;

IBD- 55 GREEN;

DJIA- 13 GREEN led by AIG XOM MRK DD C BAC GM JPM CVX and AXP;

VIX- flattish at 20.9;

Oil and gold now moving a lot higher despite the big move up in the dollar- not all that sensible but it is what it is- as the weather now impacts the price of crude/nat gas- GUSTAV.

I will go with a choppy day forecast and look to take advantage of dips and rips.