http://quote.yahoo.com/m2?u

http://money.cnn.com/markets/morning_call/










http://www.kitco.com

Energy futures

Currencies/Au/Ag

Early closing for us today and the market is fairly quiet as would be expected in pre Chrissy trading. All Ords drifting aimlessly, currently -0.1% with sectors mixed. Materials is doing another dive, -1% with Consumer Staples up the most, +0.7%.

Miners are taking another pounding: BHP -1%, RIO -2.4% and the golds are down 1-2%.

In the oils, Woodside -1.7% and Santos +0.7%.

All Ords managed to finish the day with a blip up, +0.3%. Materials and Energy were the only red sectors, both -0.7% and IT moved into the lead, +1.5%.

In the miners, BHP and RIO remained around the same level as the morning post and in the golds, Newcrest moved up, +1.8% while Newmont remained bogged down at -2.4%.

The two big oils continued to diverge: Woodside -2% and Santos +1.3%.

Very quiet over in Asia with most bourses slightly down.

Over to UK/Europe:







http://quote.yahoo.com/m2?u


Have a good break everyone and catch you all next week

NDX:

Sell signals were triggered yesterday.

The first was the Quadruple bottom break of support on the P&F.

The second was the Bullish percent. A sell signal is triggered if it falls below 70% and has also fallen 6 points.

yeah Bear,

12/18 on my charts make sense for the top. The pigmen may make some cents on it.

Reverse head and shoulders starting to line up on the mac sum.
http://stockcharts.com/charts/indices/McSumNASD.html

Chart

china close butt no seegar

if breaks here, could fall fast

Shorty-

Shanghai Chart

2001 high was around 2200 or so. Sitting just below 2400 now.

In blue sky country now.

Triple red is a start.

Rimm under 140 is a start.

Remember QCOM dropped outlook last night. Another start.

Have some pretty good one way projections for the rest of the morning. Hold fast.

DJ Fed Accepts $4.5 Bln In 5-Day RPs

Type of transaction: 5-Day RPs
Total accepted: $4.5 Bln
Total submitted: $58.8 Bln

Agency Collateral Operation
Total accepted: $1.316 Bln
Total submitted: $14 Bln
Stop-Out Rate: 5.29%
Weighted Average: 5.29%
High-rate submitted: 5.29%
Low-rate submitted: 5.22%

Treasury Collateral Operation
Total accepted: $3.184 Bln
Total submitted: $25.2 Bln
Stop-Out Rate: 5.24%
Weighted Average: 5.24%
High-rate submitted: 5.25%
Low-rate submitted: 5.19%

Mortgage-Backed Collateral Operations
Total accepted: None
Total submitted: $19.6 Bln
Stop-Out Rate: N/A
Weighted Average: N/A
High-rate submitted: 5.29%
Low-rate submitted: 5.23%

Check out LNG. Up over 9%.
Must be turkey time up in "New Jack City".

I don't remember what time the options open up but hopefully shorty is actually on top now with writing those calls. That is how crazy those options are. He could have even nailed near the top of the reverse hammer that could print.
After getting spanked, it is good to root for someone else still out in the battlefield.
They probably just pivoted RIMM it looks like.

X not looking so hot...
Took out 72 and 3 month uptrend.

RIMM high 140.11

last 135.38

somebody got Crammered

cliff dive on the Cac arroo.

I accidentally didn't sell all my QID so doing nice......I'll take it.

Lots of round numbers coming up to deal with NAS 2404, SPX 1413, TRANS 4520

DJI already busted 12,400.

still long RICK, umm needs some volume and will do just fine.

Talk on the street is terra in London over the holidays


Past results do not imply future performance. Your results may vary. will not fade, tear, rip or fade to dust.

acoustic guitar instrumental by the late great Michael Hedges

http://youtube.com/watch?v=29CMRsWlDt0

GS right on the edge.

Dong it?

MSFT down 1%

Dorsett time. AMZN, YHOO DELL looking good.

Remember today is a half day.

It's different this time

Today is a full day if im not mistaken.

even tiny buys of 300 shares is moving RICK up! umm if i had some more capital i would buy more here to give it more momentum. this is a good company that is growing. with a float of 2.5 million this think could easily go to 10.

Today is a full day.

Still unresolved downside pressure here. If msft can break, game on.

(As far as I know bonds might be closing early but that's it...)

NAS. More history being made. This is either an incredible buying opportunity (50 MA hit this morning) or...

http://stockcharts.com/h-sc/ui?s=%24COMPQ

*DJ 19 Americans Were Killed In Attack On Base In Saudi Arabia

Finally RIMM red What a farce.

Another LOD on Trannies, they appear to be in a slow mo crash mode.

Apparently, that DJ headline about the 19 killed in SA is false - was a story from 10 years ago they erroneously posted.

*DJ CORRECT: 19 Americans Were Killed Saudi Attack in 1996


What a bunch of f#$kin criminals

wow its only 11:30 a.m. time sure goes bye slow when your havin fun.........

how do you think i feel with this thinly traded RICK, traded 5k shares today, and miandered around. im watching national lampoons christmas and time still is slow.

Spooz still ever-so-slightly above the uptrend channel that formed from Jan-May. It has spent all of Dec above it.

A move back into the channel indicates a deeper correx down to 50dayMA at 1393 or possibly the bottom of the channel now at 1385 or so. Check out action last Jan-Feb for clues.

A move below the channel indicates a Real McCoy selloff. See May/June for clues.

So the Spooz could fall another 20-25+ points and still be "OK". But no more than that. IMO, of course.

DJ NY Comptroller Hevesi Resigns -TV


ALBANY, N.Y. (AP)--New York state Comptroller Alan Hevesi has resigned,
according to a broadcast report.

Hevesi also has agreed to plead guilty to a minor felony charge for using
state employees as drivers for his wife, the Associated Press reported.

REITs down 8 of 9 days and 11 of 14. Below 50dayMA for first time since late June. Very close to filling the Nov "Sam Zell" gap.

All my systems still negative pressure. Mr Rutty, but especially SP Future

QID PnF full potential to 61-62, but I'd give it to 58 first.

short

AP Breaking News: "94,000 Americans Slaughtered in Pennsylvania Bloodbath"









AP Update: "94,000 Americans Slaughtered in 1863 Pennsylvania Bloodbath at Gettysburg"

Round number update from earlier post:

DJI, 12,400 under. check.

New:
TRANS 4500. got under. check

Stay Tuned:
NAS 4202
SPX 1411

Most of the restaurant stocks I follow are taking the pipe bigtime. None of them got close to their old spring 2006 highs. Major tell, IMO, of consumer spending strength going forward. Check out PNRA, PCFB, RRGB, CAKE.

Many of these stocks got a "gas price selloff" bounce, but they are heading southbound in a hurry again. The fast-fooders holding up better. Guess the $1 burger places are holding up while the $8 burger places ain't.

Some potential of a day low here. Taking some off the table just in case

Looks like 42.77 is the next stop for the Q's based on the breakdown from that bear flag on the hourlies. If that gives way, should find support around 41.90-42.00. Plenty of chart congestion b/w 42.00-42.75 from Oct.

Q's formed a triangle and did a faux breakout which failed. Then backkissed the breakdown and it was off to the races. Traditional guesstimates would indicate a $2 dump (width of triangle) from the point of the backkiss at $44. That takes the Q's to $42, not coincidentally the Election Gap.

A move down to 42 would completely erase the Election Erection Rally. That would be no surprise since the boner move off Nov 6 ran out of steam on Nov 27 and has been running on fumes since then.

If the Q-balls get back to 42, it would mark the third straight time that the Q's have given back their entire Nov-Dec rallies.