 Hi folks, this is the Basel Chap and this is the 11 o'clock Tiger Financial News Network market update. It does up 143 at $31,905. It's a little unusual to see that early a climb to the upside on Fed speak day from about now 11 o'clock going into like 1.30 you start to see diminishing in price as the market gets nervous about what the Fed is going to say. The market seems to think that the Fed is going to do the 0.75 and then they're going to talk about the next week and then it's going to be quite straightforward and actually power quite often is straightforward. So all we can say is Dow is acting really well if by the end of the day it can hold the gains and these be up 100 points or more. That's really good action certainly if it's up at $31,907 if it goes to the $32,000 that's great honor. I personally don't want to see a break below the low of the day of $31,855 and now maybe that's okay. $31,800 is key support that needs to hold by the end of the day. Looking at the S&P, let's go to the S&P, there it is, S&P is trading right now up 53 at $39.74 that's really good action concerning what's going on but great action would be if it can get to the $44,005 area by Friday instead of breaking under $39.20, meantime back at the ranch we'll be looking at the QQQ so the S&P is up 1.4%, Dow is up 0.52% but the Q is up 2.74% at $302.45, really good action but it needs to start an AG and get into the $310 area by Friday that's a lot of points, it's another eight points. Anyway, it's acting well right now, hopefully it doesn't give back half of this by the end of the day because that'll be action, that'll be poor action, we'll see what happens there. RWM is acting well as well, it's also up nicely, it's up 2.181, gold, so what does gold do at the end of the day? Right now it's down 2, it's just been stuck in a tiny little range over the last four days or so, if gold spikes very sharply high that's going to be impressive because if it can break above $17.58 in the next couple of days, that means finally it's still in the corner, it can have a decent rally but if it's stuck here and it hits $17.20, not good. The dollar is already part of the key, it's always part of the key, it's acting now at up $0.10 and $1.07.31, holding the trend line support level, so far that's good, let's see what happens to the dollar by the end of the day and the TLT, that's really important, the TLT is down up 59 ticks and $1.18.07, oh I never got a chance to talk about it, I'll be doing that in the coming hour because Larry Pizavento is ill, he's not doing his show today, I'll be doing the show, I'll be doing at least the hour, I'll be doing the bonds, I'll be doing the currencies, I'll be doing the grains and I'll be doing the oils. So I'll be back in a moment, see you.