MIDDAY MELT

Markets are higher on the day if you exclude the DJIA, and how long will it be before the index gets a facelift as AA AXP BAC C GE GM are no longer meaningful in the computation.

The NAZ/NDX continues to lead with tech stocks continuing to out perform - note MSFT INTC GOOG RIMM and AAPL.

NYSE- 400 net green;

NAZ- 325 net green;

NDX - 70 GREEN;

OEX 60 GREEN;

VIX- flat near 43;

Selling off as I type and not looking to establish more positions here - although DIG and QLD are probably good places to go on the next pullback.