The trading action is painfully slow but the market continues to hold up well after some morning profit taking. We finally had a small red close. Volatility continued to get sucked out as we transition into a grinding market. Breadth was weak, but no damage was done by the bears. AAPL continued to run on Iphone 5 and ITV optimism. Looks like the market wants to make a push to challenge the 2012 high.