06/28/2012 Live Update

[Petsamo]

The Obamacare decision hasn't been handed down yet, but the market is already making wild moves

[soku]

The Obamacare decision hasn't been handed down yet, but the market is already making wild moves

rumor says invalid under 1st amendments. check unh. 5 bucks swing. me getting dizzy.

[parker]

GM
Guys
Do you know blog(board) where people discuss overnight ES trading? Maybe european blog.
Is it possible to predict the day session on an overnight basis?

[ClarkW]

Just bought a little UGAZ (NOT A RECOMMENDATION). Below is a 60min. chart of UNG. ChiOsc is the lowest it's been in 1.5 years. Horizontal lines points to other times it was -$2m or lower.
Also short EEM via EDZ, sold my ERX earlier. (ALSO NOT A RECOMMENDATION)

[TraderGirl]

Posted this chart of SLV last night...

TG, Thanks

[SWalsh]

The HFT activity was just MASSIVE to the sell side. They absolutely own this mkt. It looks like they took out sell stops. It is their mission in life.

Any ideas why around 3:15 AM the ES plunged?

NOTE: If you want to see unchecked corruption that would have had a NYSE broker in a deposition the next morning as to how this happened, this was just it.

[TraderJoe]

Posted this chart of SLV last night...

TG, Thanks

TG, I sold my AGQ yesterday after you posted the chart.
Thanks again!

[Mr. T]

Obamacare upheld = terrible.

Muppets going to get crushed = take them to the hospital.

[Cobra]

new fib info, nothing to say, wait for the dust to clear.

[TraderGirl]

NUGT...looks like it could head down to 78.6% fib....

[Al_Dente]

internals
one min

[gappy]

Cheif Roberts allows the mandate as a "taxing" ipso facto vehicle. Big Brother is getting ever so more worisome.

[Al_Dente]

Money chart, longer term
Consensus realignment down
for now

[grachu]

whats the deal with the health care .. I really don't understand what these people in CNBC are saying . .... the supreme court said is constitutional or not ?

[SWalsh]

Obamacare upheld = terrible.

Muppets going to get crushed = take them to the hospital.

If one reads a book about Bush entitled "Imperial Presidency" (I think) one knows how Roberts ascended to power through one particular Appellate ruling about a plane crash. Conservative? He is as corruptible as it gets. It is surviving as a "tax". Shades of FDR.

There is more freedom in Russia than the United States. 52% of America showed they were fooled, and one man just took over a nation.

[rola]

http://www.zerohedge.com/news/obamas-he ... reme-court

[SWalsh]

Cheif Roberts allows the mandate as a "taxing" ipso facto vehicle. Big Brother is getting ever so more worisome.

In a bizzare way I look forward to the day they try to take away guns.

If Obama is re-elected I expect at least a 200% excise tax (to fund the war) on all ammo purchases and components.

[Mr. BachNut]

Market Neutral.
Still in the grinder zone, but a break below Tuesday's low could give bear's some mojo.
Been OK for short term day and overnight trading though.

[gappy]

Obamacare upheld = terrible.

Muppets going to get crushed = take them to the hospital.

If one reads a book about Bush entitled "Imperial Presidency" (I think) one knows how Roberts ascended to power through one particular Appellate ruling about a plane crash. Conservative? He is as corruptible as it gets. It is surviving as a "tax". Shades of FDR.

There is more freedom in Russia than the United States. 52% of America showed they were fooled, and one man just took over a nation.

Doesn't mean the worm won"t turn yet again. For the better if things get unreal. Our neighbor National Guards will not fire upon us, no more Kent State.

[dr659]

Just took alittle while to sink in " Slowly I turned"