joining us now is ted weisberg from seaport securities. momentum to the upside and i swear everywhere i turn my hear someone trying to talk the market down for you feel strongly about it? >> it is a mistake doing this for too many years to fight the fed and a mistake to fight the tape. despite all the bad news and the naysayers and perhaps the that the -- the bad news is bad and the naysayers are correct but the momentum clearly seems to be on the upside. said volumes are not you would like to see but yet the momentum is clearly on the upside. >> what kind of volume would you like to see? >> that is across 50 venues. at seaport we have the online and hundreds of not thousands retail customers we have seen no uptick in business as the market makes new highs. the general public, if they are in the market using a proxy but the public is not in the market. said as the institutional interest but it is amazing how little interest we see with there retail client base. lou: that has been the case since march 2009 and we have seen this rally up, do