TWIN WIN

Markets are higher and we have tagged the SPX 1,000 level and the Nat Gas $4 - all at about the same time.

SPX +14, NAZ +22 and DJIA +112.

Strong sectors- commodities, gaming, Brazil, energy, metals and financials while biotech, brokers, small caps and drugs lag.

NYSE- 2340 up and 570 down;

NAZ- 750 net green;

NDX- 82 GREEN;

SPX- 415 GREEN;

VIX - higher by 18 cents at 26.1;

TRIN- .55 with up volume 8.5x the down;

The round number of SPX 1K has been hit and the question is where to from here- I doubt we sell off hard as everyone probably figures this number gets sold-

RSI 2 numbers at 96/97 on the SPX/DJIA respectively - so the usual there for now also.