OPENING FLIP

Markets open lower but quickly turn to the flat line on the heels of some good news from IBM and a better then expected consumer confidence number.

The SPX flat. NAZ +3 and DJIA +8.

NYSE- flat internals;

NAZ - a few more winners than losers;

NDX- 50 GREEN;

OEX- 60 GREEN;

VIX- flat at 38.5;

TRIN 1.5 with more decliners than advancers;

Markets turned up on some good company specific news and the confidence number - now some folks wondering if the end of month drag up will start and get us at least back to the SPX 875 number-

Looking to buy em here as I suspect a nice move higher on the day is only beginning.