THE OPEN

Markets have flipped to green after negative numbers in the pre markets and ugly markets in Japan and Europe. DJIA +25, NAZ +14 and SPX +3.





Strong sectors- oils, semis, metals, biotech and shipping while telecom, banks, utils and financials lag.





NYSE- 400 net green after being 1,000 net red;


NAZ- 570 net green;


NDX- 80 GREEN;


OEX- 65 GREEN;





VIX- lower by 3% at 44.5;





Up volume 1.5X the down;

GOLD and OIL moving on up and bonds heading lower;

Markets feel like they want to move higher- with the exception of the financials where C BAC GS all act ugly and just wondering how far BAC may be from C - in light of there Countrywide and MER purchases.





Barry on the real Bush legacy;





And Dr. Brett on Inter market Relationships;