FLIP FLOPS

Don't like the numbers on the screens, give it a few moments they will change, a lot.

At the midday mark the DJIA has swung about 150 points and is now about flat; the SPX a range of about 15 points and down 4, and the NDX, down 11 with a 30 point range.

Strongest sectors - semis, tech, biotech, drugs and large cap growth. The worst, gaming, reits, metals, homies, oils, small cap value and brokers.

Overall market internals never confirmed the index move as they have been weak all morning; the NYSE with 1,800 net red and the NAZ with 1,400 net red.


The DJIA still acts best with about 20 up and 10 down with KO MRK HPQ and INTC the winners while AA JPM MCD UTX and DIS the biggest losers.

The OEX internals have flipped to 35/65 red to green; NDX 25/75 and SPX 120/380.

The IBD 100 with 20 up and 80 down.

Strongest stocks include AMLN KLAC MCHP AAPL AMGN DISH CSCO KO and AVP while the weakest include AES LTD COF AA HAL SIRI WYNN XMSR MRFL INFY and AEOS.

I am sitting on my hands after "selling" my QID, the double inverse NDX. Probably gonna look to reenter on an afternoon rally.

And who isn't trading off the dopey pile of tens that CNBC is showing us all day. Can't they come up with something worthwhile to fill up airtime. After all, the markets are kind of volatile.