 Headline News Update Welcome folks! We have the Dow Industries trading up 112, Nasdaq up 114, S&Ps up 21, Gold contract up $12.60 trading at $17.67 an ounce. We have Silver up 53 cents, $21.76 an ounce, Light Sweet Crew down 3 bucks, $77.86 a barrel, notes and bonds. A 10-year note, up 10 ticks, trading 112.29, the 30 up a full point, at 1.27.20, and King Dollar, King Dollar down 1116 ticks, 106,107, Euro 103, yen is out here at 139.44 and the British pound is at 120 to 1 US dollar. You know, let me take a look at the S&Ps, bottom line, I suspect we're going to close at higher price folks, the volume is not there but you can't expect it to be there. Spy right now is coming into the swing, the swing point that we're talking about is 402.31, you've hit 402.80, you know no way you're going to have the volume but we know the spy is in an ABC structure up with a price projection of 411.03 and I expect we're going to hit that baby. We go into the queues, we take a look at the queues, queues are also higher, volume's contracting, going to be a half day on Friday, there's nothing stopping it though from getting up into that swing. The swing is 293.26, you're already into the bottom of that bar, that bottom is 285.97, you deep into it three points, we're going to three points into it and hey man, it's going all the way up there and it's going to be intriguing because if that can wait until Monday, you could get the volume and have an ABC up and that would be so clean and be unbelievable because what would end up happening, that would be saying the queues also going to get up to that 311.08, you get the gist of it. There's nothing folks like a large ABC up because what happens at a large ABC up, you can really get positioned in a sweet way because the run from the C to D is a long run. Notes and bonds, we take a look at the note and bond market, we have the note and bond market out here, you get the 10-year trading up 10 ticks and we have, you might get another ABC up here, this is going to be interesting because so let's look at this. So the 10-year, this is going to be easy to do man, the 10-year is going to need 1.6 million contracts, we're doing 2.8 today at that swing, you get that at that swing and then what you're going to end up happening is that the 10-year will end up doing a 50% retracement because the 38% retracement is 113, you're already at 112, they get that ABC up, that's going to bring it up to that 115 area, you're going to love it. Stay right there folks, come right back.