12/19/2011 Intraday Watering

[SB73]

I am selling. lets go Bears!

Amen brother

[Cobra]

support.

[Petsamo]

I shoulda sold my XME when I was thinking about it. Too late now.

[johnnywa]

hmmm I will you in the lodge for a toddy at 1205 on me

[BullBear52x]

financial and emerging market are the weakest link.

[99er]

TSHTF

A Chinese project to make a copy of Manhattan, complete with Rockefeller and Lincoln centers is not going well. The replica city is about an hour from Beijing and may need a bailout.

Elsewhere, real estate prices have fallen like a rock in Shanghai, and China's banks may be understating their exposure to local borrowing gone haywire.

http://globaleconomicanalysis.blogspot. ... -home.html

[quientuves]

OK. if NAHB is good. why is market faling?

[Petsamo]

OK. if NAHB is good. why is market faling?

It wasn't that good. Actual = 21, expected = 20, expected range = 19 to 22
http://mam.econoday.com/byshoweventfull ... &lid=0#top

[Seawaves]

A "beraish" roadmap...

[quientuves]

yeas, but it's the third month up... Well, i guess there are other "factors" to be taken on mind... ;b

[heavenskrow]

A "beraish" roadmap...

very nice my friend. very similar to what I am looking at right now.

[johnnywa]

ohoh C going downhill and lost there skis

[q2model]

support.

Hi, just registered at the main site and could not find the test page. Would you mind pointing me to it?

[uempel]

OK. if NAHB is good. why is market faling?

because daily momentum looks bad.

[heavenskrow]

TF is currently at resistance similar to the ES chart someone uploaded

[uempel]

Update for timelines, but I'm not playing intraday, waiting for the close to go (presumably) short.

[mac769]

TSHTF

A Chinese project to make a copy of Manhattan, complete with Rockefeller and Lincoln centers is not going well. The replica city is about an hour from Beijing and may need a bailout.

Elsewhere, real estate prices have fallen like a rock in Shanghai, and China's banks may be understating their exposure to local borrowing gone haywire.

http://globaleconomicanalysis.blogspot. ... -home.html

Normally China leads the rest of the world, but now there is a huge divergence between the SSEC and the SPX

When one looks at the gigantic mis-allocation of capital in China, which is financed by shaky leveraged bonds, one understands why the short sellers are entering the market and fear a bubble like "Dubai x 1000"

[SB73]

Small caps are strong today..bulls really defending a gap fill today. Must really mean something if we fill the gap this time.

[Major]

For those following the EU machinations -

Signs of an underground run on Europe's banks.

http://moneymorning.com/2011/12/16/shou ... -bank-run/

For those who hold physical PM's -

Trustee to Seize and Liquidate Even the Stored Customer Gold and Silver Bullion From MF Global

http://jessescrossroadscafe.blogspot.co ... tomer.html

For those who think their securities positions are protected -

MF Global customers denied 1st position on claims.

http://www.zerohedge.com/contributed/wh ... rown-under
-bus-day-1?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%
2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%
2C+the+survival+rate+for+everyone+drops+to+zero%29

[BullBear52x]

If /ES can not make a turn here, bears are in a good start. TNX < 18.35 bears can go to the bank. not now these are something to look for.