LATE OPEN

GOOG is doing its best to confound the bloggers but it is now working - somewhat anyway. Markets on the other hand are working very well as they again rip higher confounding both the longs and shorts with no one thinking that they are long enough.

Best performers include brokers (GS), airlines, oils, small caps (outperforming again despite moron Haines et al), retail, internets, and trannies. To the downside DNA C Volatility indexes and GOOG.

Market internals very very bullish with 3,000 more winners than losers.

We are getting very very overbought and not a bearish analysis in sight.