THE PRE OPEN

Despite all the bad news - earnings/layoffs et al - markets continue to hang in and trade between the recent range of SPX 800/850- today I expect to be here and expect to trade.

Looking interesting GOLD and oil stocks which may be a good play to the red side - DUG.

Early futures are trading near fair value and of course some links:

Yes - I do pay some of the highest property taxes and it hurts everyone when prices are rapidly falling;

More from Woodward on the Bush years;

VIX reversals;

Birinyi with a question;

GOLD breakout;

The YTD Country performance;