11/16/2012 Live Update

[Petsamo]

Stock up on your Twinkies while you can (Friday morning humor)...... (although not so humorous for the workers being let go)

Twinkies maker Hostess going out of business
Nearly 18,500 workers will lose their jobs as the company succumbs to the crippling effects of a nationwide union strike.

http://money.msn.com/top-stocks/post.as ... 59d177e676

They'll probably move to Mexico

ZomBieLand Twinkie scene...
http://www.youtube.com/watch?v=MeS6DvyLScE

Emma Stone is a sweetheart

[Al_Dente]

Catalyst for a failure or bounce may come out of the white house
Cliff dwellers are scheduled to meet soon to see if they can compromise on some kind of “small package”
Please post the minute u hear something concrete

[knock]

Catalyst for a failure or bounce may come out of the white house
Cliff dwellers are scheduled to meet soon to see if they can compromise on some kind of “small package”
Please post the minute u hear something concrete

any major news today? and timing? thanks!

[Petsamo]

IWM wants to do a lower low before the upleg

[Al_Dente]

[fehro]

GM

Thanksgiving is a week away. But if you want to take advantage of one of the more successful trades of the last decade, you'll have to act tomorrow.
Here's a table of the returns for each year:

Thanks for that!

[Al_Dente]

Catalyst for a failure or bounce may come out of the white house
Cliff dwellers are scheduled to meet soon to see if they can compromise on some kind of “small package”
Please post the minute u hear something concrete

any major news today? and timing? thanks!

http://mam.econoday.com/

[uempel]

1116oy.png

Yes.

[fehro]

http://www.ritholtz.com/blog/2012/11/time-for-a-bounce/

[Mr. BachNut]

Market Neutral.
My signals remain bearish.
NYMO oversold conditions are getting more oversold, which they can keep doing.
However, another weak day would bring a short duration NYMO buy setup into play for me beginning of next week.
If we start today weak (looks that way) and get a rip into the close, I may call an audible on this one.

[Al_Dente]

IWM
Is this an imperfect falling wedge?
http://thepatternsite.com/fallwedge.html

[Cobra]

the low has been tested 4 times, I don't think it'd hold. not good.

[Al_Dente]

My Trin beeping 1.72 bear

[fehro]

can the market bounce without AAPL?.. this is looking a little scary.

[Petsamo]

So who's gonna short PHK ?

[rc1269]

I think what scares me the most is everyone here appears to be wanting to buy the dip. That tells me the flush might not have come yet. Nobody has thrown in the towel...

[KeiZai]

This is very powerful guys don´t want to sound bearish, but if market will not bounce strong today MINIMUM target can be 1200 and bounce is not looking good at all

[Petsamo]

I think what scares me the most is everyone here appears to be wanting to buy the dip. That tells me the flush might not have come yet. Nobody has thrown in the towel...

They're waiting for everyone to short. Then we rally

[Tabby]

This is very powerful guys don´t want to sound bearish, but if market will not bounce strong today MINIMUM target can be 1200 and bounce is not looking good at all

You sound like GS, prediction 1250 for the year 2012.

[Cobra]

members only update at 10:13 am
http://www.cobrasmarketview.com/2012/11 ... ay-update/