PRE MARKETS AND SUPPORT

Equity futures markets trading a hair above fair value while metals, crude and grains are all lower.

The area I will be watching - about 880 on the SPX as it is the rising 20 day EMA - trading under their for any length of time and it could get ugly- Kevin Ferry on CNBC just mentioned 877- so same ball park for support.

Also, was reading Gartman's letter yesterday and the in depth discussion on the grains seemed pretty bullish. The chart looks pretty good on DBA to a run back to the 28/29 levels.

Dr. Brett on how he separates short covering from real buying;

The thaw in LIBOR;

The BUST;

The oil demand;

Three sell triggers out of four;

Drug lobbying going on up;

Foreclosures not so good signaling little relief;

This leading indicator may be saying NO;

KASS now on the dark side;

FARI with a nice blog and some timing charts;

Sykes with new Tykes;

Mozilo hearing some footsteps - anyone sad about this one?;

BESPOKE with the laggards;

Stockchartist with the ten ways to manage your trading risk;

Jon Heyman on Clemens and he is quite the TWITTERER;