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are we live yet my internet not work there we go all right good morning [Applause] [Applause] everybody good morning all you magnificent melod heads of the world and happy Tuesday everybody today is August 6 20124 the top story this morning is the bounce in Japan yesterday we were talking about Godzilla leveling Tokyo as the Yen carry trade Unwound and well today things are looking a little bit better we had the the Nik rallied sharply last night while we were sleeping 10 and a quarter perc for the Nik of course letamp;#39;s put that in perspective that is a 10 and a quarter percent rally after a decline of 12% so still down over the last two days but a major sentiment shift dip buyers came in for whatever reason the hysteria from yesterday has subsided and it looks like reason has prevailed if thatamp;#39;s what you want to say what whatever happened over there also the uh Japanese Yen has weakened a little bit from The Surge whereas yesterday we were looking at a surging Ye