NOON ROLL

Low and behold the bulls bought the dip led by tech and the NAZ and up up and away we go. The tell of the GS GOOG AAPL threesome worked better than the initial crummy internals and I am curious to see how far the markets go today. My gut says not very far as I anticipate an afternoon reversal.

Market internals are bullish with +400 on NYSE and +500 on NAZ.

Sector leaders include tech, oils, big biotech, software, brokers, internets, retail and small caps. To the downside are metals and trannies.

Some chatter that C is ripping higher on talk of either a bust up or a new top empolyee formerly from BAC.

From my pals at Minyanville.com- "there are 21 new IPO's coming to market next week that will raise $3.2 billion."