THE OPEN

Markets open to lots of chop and slop with the NQ the leader and the RUT lagging-

Strong sectors- semis, internets, brokers and tech while energy, banks, drugs and real estate lag.

NYSE- 550 net losers;

NAZ- 400 net losers;

SPX- 125 GREEN;

NDX- 33 GREEN;

VIX- higher by almost 2% at 26.8 and still low on a relative basis.

TRIN- 1.01 with down volume about 1.7x the up;

Appears to be a choppy day setting up and looking to buy some QLD/SSO near some support areas for a day trade-

Note the 4 horseman all green along with MS GS - so a long side trade from a dipped area probably a good shot.