AFTERNOON MARKETS

Markets continue to meander with NAZ higher and DJIA/SPX flat.

For those looking to short, BEWARE, BKX XBD GS SOX SMH SWH IWM all green. TICKS spending overwhelming amount of time above the ZERO line and recent high TICKS looks like the bulls want to make a run. Also, keep in mind this is the day before the end of the month - Don't be surprised by MARK UPS.

Market internals still flattish with 200 more winners than losers.

Best performing sectors include airlines, metals, semis, brokers, trannies, retail, consumer and banks. Worst of the groups, oils, oil service, biotechs and drugs.

VZ and WMT still the biggest drag on the DJIA stocks while BA HPQ and GM are the best of the thirty. Breadth on the DJIA evenly split between winners and losers.

YHOO KLAC and AMGN act well on the NAZ while the OIH in the oils service sector is trying to get up off the floor.