3.31.2009

THE OPEN


Markets are higher but they don't look all that strong to this fish. RUT futures teetering in green and about to break to red. It is mark up March 31- and not sure how that will impact- today.


Strong sectors- banks, real estate, brokers and internets while homies, retail and trannies lag.


NYSE- 960 net green;

NAZ- 720 net green;

NDX/OEX- 70 GREEN on each but way off the best levels;


VIX- down a hair at 44.4;


Gold - flat Crude down 50 cents;


Markets bounced from the SMA 50 area on the SPX at 790- but they don't seem to have juice today to keep this rally moving- mark ups- not sure - but I suspect they will end by 3 EST.


Watching the RUT as that is lagging big;

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