we are now joined by richard ilczyszyn, lind-waldock. we have a third test to the s&p 500 of 1120 so could we see a short squeeze where all the bears buy back all their shorts and drive the market higher? yes absolutely we are at that price point right into the close on monday afternoon. basically the market set up this way, we had better chinese numbers on sunday nights trade and then backed up by the banking bill that everybody seems to like with the banking sector leading the way. i think there will be resistance up here in the 1120 to 1125 area the first time up. but a strong close above these three months highs making by years back in the market. i think though as far as the technicals are showing we are a little bit overbought here. we have had several days up here on light volume. i think there is a selling opportunity up here the first couple of times until the market closes out above that level. it sounds like you are still cautious on stocks for now. you are also watching the metals market. with the better manufacturing and sal