 And welcome to the 2 p.m. Update on TF and in with me David White as we start the 2 o'clock hour we've got about 7.3 billion shares on the CBOE consolidated tape if you don't follow that one and would like to just email me at path at tfnn.com and I'll be glad to send you a link to it but it's what I look at so volume up about 500 million shares I suspect there are a couple of things going on one probably the first thing maybe the end of the short squeeze for those folks that were deciding to go down with the ship on the short side I had many folks that not subscribers they just like to email me and tell me how the end of the world is going to be tomorrow and much like many of the people saying the end of the actual end of the world is going to be tomorrow they put it off another week unfortunately markets can be irrational longer than you can remain solvent and the markets at least the S&P up 25 points today which is about a little over 6 tenths of a percent so we've got some decent volume is it enough probably not probably 11 maybe 12 billion shares we probably need something like 15 or 16 to break through the 4,000 level it's not uncommon to see contrary moves in a bear market that exceed that as short sellers generally market continues go higher until short sellers give up we did have some news and we had a small poll back about an hour ago but pretty much if anything a little bullish in the market suggesting more gridlock in Washington DC so it's I don't know if they were kind of front-running that maybe there's some other stuff going on but you've got at least enough volume to go a little bit further but not enough to probably go blow out make new highs we'll be back in a minute we've got Tim Ord on at 215