LOWER OPEN

Markets open lower with the SPX down 9 and the NAZ down 14.

Strong sectors include gaming, shipping, semis, energy and metals while retail, ags, real estate and small caps lag.

NYSE- 1040 net losers;

NAZ- 800 net losers;

NDX- 25 GREEN;

OEX- 15 GREEN;

VIX - unchanged near 38;

TRIN- Up volume a bit better than down on both the NYSE and NAZ;

Crude down a tad while gold is down about $7 at $890;

Haines showing some shrewd thought process declaring the decline in the indexes is "phony" cause up volume exceeds down - true but many more stocks down than up - a real fact-

Dip buyers trying but so far no dice on turning the indexes around - its early and a flip before the end of day would not be surprising to anyone.