DOLDRUMS

Not sure if I am watching grass grow or paint dry but the markets are back trading in the summer doldrums of August with out much movement.

I susupect a slow drift up today as a bid seems to be underneath the market and I am playing long via EMINI futures.

Market internals continue to improve and now show about 1,400 more winners than losers.

Sector brightspots include internets, airlines, homies, techs, brokers and trannies; losers include metals, retail, GOOG and DNA. Oils are trading flat on the heels of the news out of Iran.