THE CLOSE

There it was - a close near the high of the day and almost 3 points above the 1,000 level.

SPX +15, NAZ +30 and the DJIA +115.

Strong sectors- nat gas, gaming, Brazil, oil service, ags, fins and trannies while biotech, drugs, brokers and tech lagged.

NYSE- 2000 net green;

NAZ- 1000 net green;

SPX - 422 GREEN;

NDX- 93 GREEN;

RSI 2 on major indexes as follows:

SPX 96

NAZ 90

NDX 87

DJIA 97

Markets are overbought but hard to believe a pull back wont be bought quickly as lots of folks are under invested and wishing and hoping for a nice retreat to buy- Problem is that since 666 they have been rare and quick - I suspect that will continue as folks are looking for performance to show the boss.