12/21/2012 Live Update

[Mr. T]

Is it going to be power hour today - or are Scrooge and Marley coming to town?

[fehro]

possible pink triangle.. chop til monday?

[zteppoo]

Ok, I guess those numbers might be skewed by the quadruple withing and all - but still...

http://online.wsj.com/mdc/public/page/2 ... nav_2_3022

Some pretty impressive buying from the big boys right there.

[MrMiyagi]

[skittlesmds]

265.png

WOW!

[TraderJoe]

I mentioned Wednesday that I sold my put options in HLF Tuesday. In the 3 days since I sold them, the stock has dropped $13. I had puts on 2000 shares so I blew $26K. I guess I have been naughty

[skittlesmds]

I mentioned Wednesday that I sold my put options in HLF Tuesday. In the 3 days since I sold them, the stock has dropped $13. I had puts on 2000 shares so I blew $26K. I guess I have been naughty

Sorry to hear that TraderJoe.

[TraderJoe]

I mentioned Wednesday that I sold my put options in HLF Tuesday. In the 3 days since I sold them, the stock has dropped $13. I had puts on 2000 shares so I blew $26K. I guess I have been naughty

Sorry to hear that TraderJoe.

I'm still short BPT & BIDU.

[Al_Dente]

I had to change dollar and bonds to red-bear-spy for now, I had no choice……..
30 min

[Cobra]

H2 long at EMA20, not sure. I'm just a little bit bullish biased because usually strong up near Friday's close and up in AH in anticipating some good news in the weekend.

[Out of Bounds]

Cobra is driving the market with 1.02. He draws a line and the market follows.

[Al_Dente]

Another sqz attempt……..should fail again……but WDIK?
depends on where the bear stops are ???
bears are fat and lazy here…..they will cover on a dime near here ……..shhhhhhh don’t spook them
am not kidding
nydec is still >2200
other bear internals trying to go bull

[skittlesmds]

H2 long at EMA20, not sure. I'm just a little bit bullish biased because usually strong up near Friday's close and up in AH in anticipating some good news in the weekend.

Bulls fighting hard.

[Cobra]

can anyone confirm that congress is closed for Christmas until Dec 27? Thanks.

[TraderJoe]

can anyone confirm that congress is closed for Christmas until Dec 27? Thanks.

I read that earlier today but things change as you know..
From the article - While the House in recess for a Christmas break that is likely to last at least until December 27,

[Mr. T]

It's that time Miyagi......

[MrMiyagi]

It's that time Miyagi......

!!!!!!POWER HOUR!!!!!!

[schmd2000]

Obama gives feds Christmas Eve off

By Eric Katz

1:16 PM ET

All executive departments and agencies will be closed Christmas Eve, giving federal employees a four-day weekend, according to an executive order issued by President Obama Friday.

The order comes after an online petition recently received its 25,000th signature, passing the threshold to trigger an official response from the White House. At the time of the order, there was still no official response to the petition directly.

Obama allowed agency heads to make exceptions to the holiday.

"The heads of executive branch departments and agencies may determine that certain offices and installations of their organizations, or parts thereof, must remain open and that certain employees must report for duty on Dec. 24, 2012, for reasons of national security, defense, or other public need," he wrote in his executive order.

This marks the third consecutive instance in which the president has made Christmas Eve a federal holiday when Christmas falls on a Tuesday. President Bush did the same in 2001 and 2007.

[Cobra]

can anyone confirm that congress is closed for Christmas until Dec 27? Thanks.

I read that earlier today but things change as you know..
From the article - While the House in recess for a Christmas break that is likely to last at least until December 27,

So, looks like that so called "Fiscal Cliff" is just used to scare we retailers, nobody takes it seriously.

[Al_Dente]

XIV is failing BIG at vwap……..SPY is not yet……
maybe the question is this: who wants to hold over the weekend….longs or shorts?

http://www.youtube.com/watch?v=FQTzO2eRwwE