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

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










http://www.kitco.com

Energy futures

Currencies/Au/Ag

China's Wealth Breeds Obesity, Sparking Boom in Stomach Surgery
By John Liu

Jan. 10 (Bloomberg) -- Zheng Chengzhu started researching surgeries to treat weight-related illnesses in China 12 years ago, when he saw his countrymen getting richer -- and fatter.

Now Zheng, 47, chief of surgery at Shanghai's Changhai Hospital, is a profiting from a fast-growing market. ``When Chinese people get money, the first thing they do is invite all their friends out to dinner,'' he said.

The girth of China's affluent classes is expanding as fast- food chains such as Kentucky Fried Chicken win converts. The number of obese people tripled to 90 million as the economy grew sevenfold from 1992 to 2006, the World Health Organization says.

Chinese aged from 35 to 64 are twice as likely as Americans to die of heart disease, according to the WHO. The number of diabetes sufferers may double to 42 million by 2030.

``The economy has grown so fast and the country has changed so much that people haven't been able to adapt,'' said Henk Bekedam, 48, the WHO's chief China representative in Beijing. ``Obesity is more of a threat than avian flu and much more difficult to treat.''
Link

What's the ostensible reason for this selloff?

I thought Doc was suppose to have that answer.

Pig Man secret. Sheeple will find our after their money's all gone.

The Perfect Storm for Asian Bears-

Earl Down
Venezuela out of Control
Won Down
Merkin Peso Up
Thailand Flip-Flop on Foreign Investment
Near Panic About the Yen Carry Trade
Zinc Crashing
General Panic on the Indonesian Market
Turmoil Among Asian Electronics Firms Over the iPhone

Smackdown day on the AllOrbs. Little over 1% for the market.

BHP and Rio Tinto taken to the woodshed and spanked for 2%'ers.

Asian meltdown across the board, except for those increasing obese Chinesse who look like they are trying to get exercise by being dippers.

UK/Europe:







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

Looks like great fun tomorrow. Seems an easy short setup.....lol!! zzzzz, back to sleep.

I think Bush speaks tonight and reveals his new Iraq plan or whatever definition has been thrown in.
IMO, this is all about the oil and what is in it for HAL and the gang over the next few decades.
This should be a marketing moving evet IF there is any meat to the new plan and not just potatoes.

Whatever happens today is a prelude to the action thursday.
p o t o t o e

pot tae to

poe tae toe

I cringe at the fact that our troops futures should be effected and what that entails.
If I was in the military I would immediately factor in statistics to figure out what my chances were and how to increase my odds.

Thoarass and Lee Wee, I have long posts about trading and housing to both of you on lasts night's Apple Mania Mark to Market thread
here
http://www.capitalstool.com/forums/index.p...st=60&p=552965&

Please comment or anyone else at that point.


Lee Wee, do you not like my Wal-Mart healthcare idea and if not why? Great blog idea I would love to hear your take on.

Didn't Lincoln once begin a letter with something like, "Sorry this letter is so long, but I don't have enough time to be brief."

Lincoln's address at Gettysburg was only 272 words long, but changed the course of American history.

Watch LFC at my target of 45. If it breaks that area then expect another clothesline. I will take a low risk gamble after the open Dorsett maneuvers. Hopefully it dives on the bell, if that happens then my stats on a bounce double for the bounce play....

If I was short LFC like I should have been, I would cover right now this instance and wouldn't even game the few extra pennies etc. to my target cover and flip long maneuver idea.
The massive trend line at 45 is extremely clear and is what the 45 "AREA" is all about.....I am in a hurry now and low on steam or would post the chart.....have a great day everyone.
Remember to seperate local Adr's from foreign exchange movements rather they correlate sometimes or not.....imo...

I would wait till opening shennanigans to happen first and then watch for the up trend low risk area and strike like lightning...

p.s. "The Hulk" with Bruce Banner is ont he sci-fi channel for all interested early morning gamer traders!! lol!

T(rade) minus 5....

Euroland getting bombed as well after Asia's debacle...

Euro droppin', bullz couldn't get it back above 1.30...until they do, it's in LOB territory

Bonds STILL in the wedgie...sumthin's gotta give soon...

Ahh it's good to be short from Yesterday high close Ideally we punch the low after a couple hours into the bell.

Moskow today at 12:30ET fedspeak

Good Morning!

Welcome to Intraday Stool! Thanks to aussiebear for her daily opening!

You can join the discussion by registering (PG rated user names only, please) and posting here as well.
Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply.

If you have questions about how to register and post, use the Help link in the menu bar at the top of the page.

If you know others who might be interested in joining us, use the email to a friend link above the thread.

Many tanks for joining us!

Doc



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APPL up again...100?

AAPL is a good short over yesterday's Cult of Shiny Things silliness.

aapl and shld keepin it real...................... yeah baby....

TNX pushin' up outta da wedge...

LFC takes out 45...

FXI starting to rain.

DJ Fed Accepts $2.5 Bln In Overnight RPs

Type of transaction: Overnight RPs
Total accepted: $2.5 Bln
Total submitted: $43.7 Bln

Agency Collateral Operation
Total accepted: $235 Mln
Total submitted: $7.25 Bln
Stop-Out Rate: 5.24%
Weighted Average: 5.24%
High-rate submitted: 5.24%
Low-rate submitted: 5.19%

Treasury Collateral Operation
Total accepted: $2.265 Bln
Total submitted: $28.2 Bln
Stop-Out Rate: 5.21%
Weighted Average: 5.21%
High-rate submitted: 5.21%
Low-rate submitted: 5.15%

Mortgage-Backed Collateral Operations
Total accepted: None
Total submitted: $8.25 Bln
Stop-Out Rate: N/A
Weighted Average: N/A
High-rate submitted: 5.23%
Low-rate submitted: 5.2%

get in their dipsters! bears buy puts!

2006

"oil falls, bullish for equities"

2007

"oil falls, negative for equities"

WTF?!?!?!

Great call on FXI.

LFC & FXI ------- "loooookin' goooood"

Hey Doc, is the bottom in on RE?

ECONOMIC REPORT
Mortgage applications surge 16.6%
Home-purchase loans at highest level in nearly a year
By Rex Nutting, MarketWatch
Last Update: 7:00 AM ET Jan 10, 2007





. http://www.marketwatch.com/news/story/us-w...EC186156CAF2%7D

Dollar takes out last weeks spike high against the Yen....some very long term pivots on the verge of being busted upside here....


Euro slippin' a bit more.....

Gold plows thru 610...

Silver failure at 12.50...

Crude failure at 56....

This too shall pass. An even better case is building now for a End Day sell off that should start shortly

(Watching the 60 M DJ channel down to see if it gets busted to up and taking cues from Nasdoggy.)

Nasty lookin' break on multiple time frames on the Tbone futures....

Taking profits on some China plays here..... ... maybe even play the bounce

ICE still in ramp mode...when it finally starts to melt, the reaction move should a biggie'

MyBM flushed as predicted.

A fine piece of chartism executed by Big Blue.

Almost like two markets now, tech and the rest.

Copper looks like it's putting in at least a short term low.... staying long copper plays here

dipsters rule!

Oil down over 1 dollar and OIH is almost green.
I'm still long SU.

They seasonally adjust this crap. The two weeks at the end of the year are probably the slowest of all, and therefore subject to the largest adjustment. They're also adjusted for being 4 day weeks. I do not trust these numbers.

For what it's worth, they are virtually unchanged from the year ago numbers. Does that seem right based on the anecdotal evidence?

FXI

partied with the dipsters today, better than the usual suckin humiliation gig.

Crude now back down near yesterday's low...still think there's a decent possibility we see a 4 handle before this decline is over....big pivot at yesterday's high....

Top here.

REgarding the mortgage aps. Just looking at the Realtors contract data for December 2005, unadjusted. It was the lowest level of the year, rock bottom. If the mortgage aps data is correct in that this year is about the same as last year, then they are the same as last year's lousy level, which is not what I would call a recovery. It's just a pause before the next leg down.