THE OPEN

Markets are off to an unpretty start this morning as the market have flipped to red despite all the bullish commentary this morning by Whitney.

The SPX -3.5, NAZ -18 and the DJIA -12.

NYSE - 1000 net red;

NAZ - 850 net red;

SPX 115 GREEN;

NDX- 9 GREEN;

VIX- slightly higher at 29.17;

Commodities all generally lower with oil getting hammered at $58.5 and gold down at $908.

Nat gas heading to the $3 level as that commodity becomes fairly worthless.

My guess is we get some buying later in the day as folks saw the Whitney ramp as a way to make a quick buck by fading her- Markets also looking at support levels at the 870/875 levels - so there it is.