OPENING RANGE

Markets are trading mixed with the RUT/NAZ higher and DJIA /SPX flat to lower.

Strongest sectors include internets, gaming, retail, homies and shippers while ags, metals, steel, utils and real estate lag.

NYSE- flat internals;

NAZ- 200 net green;

NDX- 55 GREEN;

OEX- 40 GREEN;

IBD- 60 GREEN - leaders include AFAM QSII MPWR GTLS EQPW GHM CMED PVA LMIA MA;

VIX- down .5% at 20.57- and about 5% under the SMA 10'

Up volume a hair better than down;

Looking at the screens- financials a bit dissappointing with GS C WFC LM RJF barely green and most red including LEH MER MS BAC JPM MTB USB WB ICE NDAQ NYX;

Markets have had a big run and resistance remains over head at SPX 1300 - also SMA 50 at 1295 and the SMA 200 at/near 1375- so quite a ways to go to hit the big 200.