…during this, the most important hour of the trading day,as they intone on CNBC.

The S&P is up 1.25% after heavy sovereign buying of EUR/USD and hopes that there is a “plan B’ in the works for Greece so that Europe doesn’t slide off the map and hide under Africa in case of a “no” vote in Athens later this week.

EUR/USD is firmer in quiet afternoon ranges, now at 1.4277. Offers are seen in the 1.4300/10 area; stops above.