Well, you blew that one on the opening.
Every index is positive except Gold/silver and Oil.
Things could change and will change during the day, but your gold bug theory about the S&P plummeting at the openeing went down in flames at the opening.
http://bigcharts.marketwatch.com/markets/indexes.asp
At 8:22 am PDT here is where the S&P 500 is:
S&P 500 SP500 10/1/2004
11:21:14 AM 1,129.27 +14.69 +1.32%