Bull Flag Bounce

Downward momentum has really slowed today in the broad indices. About three hours into today's trading session the DJIA, Nasdaq and RUT are down slightly. The S&P is just above breakeven. A number of stocks are enjoying support bounces this morning. Ag-related stocks are enjoying a nice support bounce in their six day old bull flag. Coal related stocks are also bouncing. Friday Morning Action Moving Up: POT, MOS, ANR, SCHN, STRA, AGU, MEE, CF, CLF, BTU, FWLT, MON, X, IPI, CELG, NKE, CNX, V, DRYS, SOHU, MTL, NUE, GRMN, ESRX Moving Down: FSLR, BIDU, RIMM, MA, PCLN, AMZN, DECK, IBM