Initial claims still a crusher but we are becoming inured to numbers above half a million. Unemployment clearly headed to double digits. Wilbur Ross, my pal (well, not really a pal, but acquaintance) from our days at Rothschild Inc. suggested this morning on CNBC that REAL unemployment is closer to 12-15%. He includes those who have given up looking for work.

Market having a tough time breaking through S&P 910. If it does then 927 is next resistance.

Solar shares continue their ramp. Buying more TAN with tight stop. Added to Freeport-McMoran preferred, FCXprM.