HALF TIME

Markets continue to drift higher at the half way point with the DJIA +50, NAZ +15.5 and SPX +7.5. The SPX is at its Post Feb 27 high at the 1,410 level and only 5 away from my near term target.

Strongest sectors- metals, airlines, gaming, trannies, biotech, oils, brokers and financials.

Notables in the red include GOOG BOT SLG MEDI NESM CCU HON WY LAMR CELG and RIMM.

Market internals have strengthened and now show a net 1,300 green on the NYSE and net 835 green on the NAZ.

The NDX with 85/15 green to red; OEX and SPX both with 80/20 up to down.

Strongest stocks include ORCL CSC EP ATI MS AVP SNDK JNPR GILD MRVL and LINTA.

Lagging DJIA stocks include HON HPQ VZ INTC and GE.

HAL just warned bringing the OIH/Oil service sector tumbling with it. Nothing like a home run pick from Cramer.

Volatility indexes down about 6% and trading under the "10% below the 10 day SMA level" again. The 2 day RSI on the SPX, back near 90 - so hear are/come the sell signals.