Overbought, overwrought, the S&P and Dow was heading back down expeditiously until BP announced that they have stopped the leak with their new top and a flashing news break came across that stated GS to settle with the SEC. On such news, Goldman, which low today was 137 rallied 4.4% to 145.22 and jumped additionally another 7 points to 153 plus after it was announced that Goldman Sachs would pay 550 million dollars or the equivalent of perhaps 3-4 weeks of trading revenue by the firm despite the billions of dollar. In another story, BP stated the leak has stopped and that drove BP shares up 7.6% to 38.92. With Producer Pricing Index first announced in the morning, the market dropped by about .5% almost instantly. Initial Jobless claims appeared to drop to its lowest since August 2008, however, not factored in was the seasonal factors and the reminder that more people are leaving the work force permanently. Volatility reigned once again as the Dow swung from a intraday low of 10241 to an intraday high of 10379 finishing barely negative down 7 points at 10,359. The S&P was up 1 point after swinging from an intraday low of 1080.53 to 1098.66. All of this while the 10 year Treasury note returned to a yield of 2.98%. Again, trading was anemic was 1.12 billion shares.