pre open

Futures are trading near the flat line in the pre market as stocks look a bit extended here in the short term to this fish.

In the news:

Gapping up- AMCS CAAS HOGS COMS LFC WH GOLD SLW SLV AUY DROOY KGC GG CDE AAUK GLD GFI AEM SSRI PAAS BCS INT HBC UBS;

Gapping down- NPLA SIRF CMRG PVH SONC VLO WNR TSO SUN;

Fox Pitt cutting estimates for GS LEH MER;

Case Shiller Composite 20- year over year -10.7% v consensus of -10.5%;

Jeff Saut bullish;

The Quant - "short term overdone"

You can't be SIRI;

YHOO UP (MSFT to increase price?) GOOG DOWN (down go the estimates);

Gold trading at $932/ Crude at/near $101 and the EURO - 1.558 as the dollar starts giving it back;

IBD BIG CAP 20: CHK ORCL WFR GLW GILD CELG ECA FSLR CSX TJX BLK MA EOG STT WMT RIMM GENZ IBM NKE HES;