MORNING LOOK

Markets are chopping around this AM and don't see much that is going to change any time soon. The SPX +2.5, NAZ +11 and DJIA +12.

Strong sectors- metals, drugs, trannies and real estate while retail, banks, telecom and internets lag.

NYSE- 600 net green;

NAZ- 400 net green;

NDX - 64 GREEN;

SPX- 277 up and 215 down;

VIX- unchanged at 31;

Quickly flipped my QLD this morning and looking to get back on a dip - also bought some DIG as buyers showing up this afternoon would not be surprising- it it doesn't go down it probably goes up as lots of folks still expecting a big down draft.