MIDDAY RAMP

The day is set up for a close at/near the highs as the SPX is +18 and the NAZ +38.

Sector strength- shipping, energy, semis, tech and internets while gaming, banks and gold lag.

NYSE- 1770 net green;

NAZ- 1170 net green;

OEX- 85 GREEN;

NDX 90 GREEN;

VIX - down 7.5% at 47;

TRIN- 1.55 Up volume 3x the down;

Crude higher but off the best levels;

Gold - down $7 at $910 and I suspect lots of buyers near the $900 level.

Doug Kass with some pretty good company here;

And of course the odds of a depression;

Looking to buy dips in DIG QLD SSO and maybe buy SRS/TWM a hair before the close.