THE OPEN

Markets are trading higher on the heels of some positive words from the President elect yesterday and higher foreign bourses.

The DJIA +230, NAZ +37 and the SPX +23 at/near the 900 level.

Strong sectors include- metals, shipping and oils while utils, banks, internets and small caps lag.

NYSE- 1870 net winners;

NAZ- 1250 net winners;

NDX- 85 GREEN;

OEX- 90 GREEN;

VIX - down 1% at/near 59?

Up volume 6x the down;

Gold +$14 at $771;

Crude- about $44;

It looks to be a buy the dip day but watch the RUT as that tends to lead the speculative juices- NQ futs also lagging the ES-

RSI (2) levels getting a bit over bought here near 90 on most major indexes- I think tomorrow's business - turn around Tuesday-