2.11.2009

THE OPEN


Markets open higher and the recent trend continues SIDEWAYS- The SPX +8 and the NAZ +14 despite the 15% crushing of RIMM.


Strong sectors- banks, metals, financials, gaming and oils while utils, semis, telecom and tech lag.


NYSE- 1300 net winners;

NAZ- 960 net winners;

NDX- 80 GREEN;

OEX- 75 GREEN;


VIX- lower by 2% at 45.6;


TRIN- .55 with up volume 5X the down;


GOLD- YOWZA up $27 at $943 -


Looking to be a dip buyer today as internals are stronger than the index- generally indexes play catch up -

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