THE OPEN

Markets have opened higher with the DJIA +135, NAZ +20 and SPX +17.

Strong sectors include, energy, shipping, ags and emerging markets while reits, internets, real estate and biotech lag.

NYSE- 1800 net green;

NAZ- 1250 net green;

NDX- 85 GREEN;

OEX- 90 GREEN;

VIX- down 8% at near 65;

Up volume about 7x the down;

Gold and Crude moving up while natty gas goes back above the $7 area;

Markets are looking bullish and we may be back to buying the dips - although that extreme volatility may be back this afternoon. Also the RUT is outperforming followed by the ES as oils are very strong while BKX index is red-

Barry on the week that was;

BESPOKE on LIBOR;

Tickersense on new emerging leaders;