10.31.2008

THE OPEN


Markets are getting bought with the financials leading the way and the NAZ/tech lagging along with oils.


NYSE- 250 net losers;

NAZ- 360 net losers;

NDX- 35 GREEN;

OEX- 50 GREEN;

DJIA- 18 GREEN led by JPM MRK T MMM VZ HD- while GM INTC CAT BA MSFT lag;


VIX- flat at 64;


Up and down volume about equal;


Looking to get long UYG for quick trade and a DUG long may go well with it as oils are lagging and have outperformed of late.

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