3.25.2009

THE OPEN


Market moving on up yet again with the SPX +17 at 823 and the NAZ +34 at 1550.


Strong sectors- homies, banks, fins, semis and retail while energy, telecom, drugs and utils lag.


NYSE- 2170 net winners;

NAZ- 1575 net winners;

NDX- 90+ GREEN;

OEX- 90+ GREEN;


VIX - lower by 4.5% at 41;


Almost all volume to the upside;


Gold flat and crude down $1.4 at $52.5;


The train has left the station for today and for those looking to buy - some spots may be 812/815 on the SPX or 1250 on the NDX.


Is it over- are we done with the economic problems - I doubt it but enjoy the upside ride for now-


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