THE WALL

Markets look like they have hit the wall (temporary?) at QQQQ 39 and SPX 1,300. Who would have thought that?

Market internals have flipped to flat and most sectors have also flipped with the internets, SOX, homies and biotechs hanging on to green. Metals and oils still red but now joined by GOOG, AAPL and GS.

How long before we hear from our main CNBC tell, Bob Pisani, saying "of course they are selling off, we have gone up so much in the past few days." Did he say to sell yesterday because we went up so much. Don' t think so.