MID DAY SCARE

Markets continue higher with a brief blip as briefing.com reported a tidbit from ABCNews.com which of course went unmentioned on CNBC:

"ABCNews.com reports that U.S. and German officials fear terrorists are in advanced planning stages of an attack on U.S. military personnel or tourists in Germany. Law enforcement officials tell the blotter on ABCNews.com that U.S. air marshals have been diverted to proved expanded protection of flights between Germany and the United States."

"The attack would be designed to create high numbers of casualties among both Germans and the U.S. military." said ABC News consultant Richard Clarke, a former White House counter terror official.

Strong sectors include xchanges, brokers, emerging markets, oil service, silvers, oils, metals, real estate, tech, semis, small caps and value.

Lower are retail and airlines.

Key stocks generally higher with CME ICE BOT NMX MER GS BSC BAC BAM SLG GOOG AAPL BIDU XOM VLO TSO CAM BHP SSRI DNA CTSH IBN FDX UPS YHOO and EBAY higher while MA JOE INTC TIF KSS TGT WMT and AMGN are lower.

Market internals are very strong with +1,560 on the NYSE and +950 on the NAZ.

The OEX is about 8.5/1.5 up to down while the NDX is about 4/2 green to red.

Volatility indexes down about 5% but still trading above their respective 10 day SMA's.

Bottom line, its a bull market and their is a demand for equities; that is about all one needs to know for now.