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So how do investors make money in a flat market?
He continued losing money in the flat markets from 1908-1912.
In a flat market, where can you make money?
One way to profit in a flat market is to make bets on currencies.
That is "hardly the environment to claim competitive advantages in a flat market," he said.
Ford's success shows how an industrial giant can lift profits even in a flat market.
In a flat market, reasonably good stock selection should give you a return of 5 percent to 10 percent.
It is a marketing tool, a way for resorts to stay competitive in a mostly flat market.
"You more or less have a flat market."
"In a flat market, to sell six apartments in one weekend is like the good old days," he said.
According to industry forecasts, 2012 will see a flat market, with the blue chip index making no significant losses or gains.
That paydown in debt was accomplished despite a flat market.
Their biggest problem is how they are going to meet demand, and that is in a generally flat market."
"The only bad market is the flat market."
Float like a butterfly, sting like a flat market.
"We don't see a lot of downside risk," and the sector has upside potential in a fairly flat market, he said.
Option-income funds, which sell call options on stock portfolios, do best in flat markets like today's.
Because of a flat market, the grosses are becoming more concentrated in fewer casinos."
There are no two houses alike and they're always in demand, even in a flat market," he says.
But some see the today's flat market as deceptive and say its underpinnings are far weaker than what the composite numbers might suggest.
"When you think you are in a flat market environment, you are looking for that little advantage."
In business parlance, a flat market is not unlike a flat line on an electrocardiogram.
Flat Marketing is the leading public relations Portuguese group in Portugal.
But in the second quarter's flat market, small stocks lost 1.5 percent compared with a 0.8 percent drop in all stock funds.
"In a flat market such as ours, you need a product difference to gain share, but we're not sure this is an acceptable product difference."