FLAT

The markets are not flat lining today they are straight lining as the chart details. The feather in the bull's cap is the Advance Decline line with 1,500 more winners than losers with the NYSE internals looking especially bullish. The money trade today still appears to be buying the pullbacks and selling the rips.

Metals, oils, bios, drugs and bios leading the way with the SOX and homies the worst performers.

GM is leading the DJIA advancing over 9% today on the hookup news. My guess, a great shorting opportunity if its borrowable. MRK and PFE the better performing DJIA stocks with HD and BA the leading sliders.

Lots of traders are gone for the day, so some big funds may be able to push the markets around this PM. The markets will also be an easy target on Monday with traders away in light of the short week.