Near Overthrow of a Dictator is the Only News, So Likely to be Another Meltup Day

Since the only news is that of Gaddafi near overthrow, and not much else, the market is using this as an opportunity buy again. S&P futures are up about 20 points on just the news of imminent ouster of the Libyan dictator. Even Europe loved the news, rallying at the beginning of the European market open. They are getting a one-day reprieve from their woes. However, nothing can save them from the fact that they have dug for themselves a debt bottomless pit.