QUICK 25

OK, out of half the trade and a QUICK 35 points on the YM's from 11,975.

So we get this big rally of 70 DJIA points and Erin et al basically ignore it and discuss all kinds of other useless nonsense over the past hour.

The winners are still biotechs, drugs, MER, JPM and airlines. Biggest losers continue to be semis, metals, oils, trannies, brokers and retailers.

It seems to me that CNBC is just clueless. They will tell us all day long about GM and F nonsense or IMCL stuff, but tell us that markets are having a big rally off their lows and hardly a word. How about some information on best and worst performing sectors or sectors gaining and losing ground or even some technical setups on individual stocks. No shot as they continue to grill us with useless information that will never help anyone with a profitable trade.

And how bout Maria sucking up to Abby telling us how great that she was bullish. What nonsense as forget how bullish Abby was when the SPX was 1,560 and the DJIA was 11,700 six years ago. Great stuff from Abby and the bubblites.