12/28/2012 Live Update

[Wallstreetrader]

Olé, 30m. positive div. confirmed with bullish cross

[Xian]

well, guess that's it for today. The weekend would be interesting. I have no idea what'd happen other than there might be no deal, simply not enough time. By the way, the seasonality is bearish for the last trading day of the year, Nasdaq down 10 out of 11 according to stock trader's almanac. Thank you guys, I'll see you TOMORROW.

Before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

S&P down 15 of the last 20.

[cheese]

Contrary to reports earlier in the day, President Barack Obama is not offering a "new" proposal to avert the year-end fiscal cliff at the White House today.

He is more interested in protecting who do not contribute at all.

[Petsamo]

Obama is just incompetent. He has no idea about how to play politics there.

Rush Limbaugh's explanation is the best.
Obama wants the fiscal cliff. So later, when people are suffering, he can be the one to propose tax cuts for the middle class & poor.

[Xian]

Interesting tweet from Bespoke: "Investors would all be millionaires if you could buy calls on Washington being asinine."

But you can. It's easy.

[Cobra]

futures down sharply in AH. now indeed the panic low is revisited.

[cheese]

Obama is just incompetent. He has no idea about how to play politics there.

Rush Limbaugh's explanation is the best.
Obama wants the fiscal cliff. So later, when people are suffering, he can be the one to propose tax cuts for the middle class & poor.

I believe everyone has a right to live, however, what he has been doing is to kill what has made this country standing strong in the world.

[Xian]

Contrary to reports earlier in the day, President Barack Obama is not offering a "new" proposal to avert the year-end fiscal cliff at the White House today.

He is more interested in protecting who do not contribute at all.

Oh God, another idiot troll for Pest to circlejerk with.

[TraderJoe]

Contrary to reports earlier in the day, President Barack Obama is not offering a "new" proposal to avert the year-end fiscal cliff at the White House today.

He is more interested in protecting who do not contribute at all.

Oh God, another idiot troll for Pest to circlejerk with.

[EvilTrader]

futures down sharply in AH. now indeed the panic low is revisited.

Panic may be not what the world needs, but surely it is what my trading account needs right now.

[Out of Bounds]

/ES now BELOW previous panic - just keeps dropping. 1388.5 new low

[cheese]

nice profit in last 15 minutes, compensation for a boring day

[Cobra]

futures new low now.

[s2006cw]

Markets crashing AH

[EvilTrader]

/ES now BELOW previous panic - just keeps dropping. 1388.5 new low

indeed a crash it is so far.

hope its a 1987's style black monday, but i may be expecting too much.

[Petsamo]

Obama is just incompetent. He has no idea about how to play politics there.

Rush Limbaugh's explanation is the best.
Obama wants the fiscal cliff. So later, when people are suffering, he can be the one to propose tax cuts for the middle class & poor.

I believe everyone has a right to live, however, what he has been doing is to kill what has made this country standing strong in the world.

I'm glad to have you aboard. I'm the only right-winger here who's willing to fight these Marxists on this board.

[skittlesmds]

Blood in the (market) streets.

[MrMiyagi]

Politicians are indeed killing the country and making off like bandits; they knew this was coming, they are the ones who set the agenda.
Of course, they can, legally, benefit from this insider knowledge while the rest take it in the rear, prison style.

[StudentBill]

Moved into vxx right at close. It's up 5.6% right now in AH. Wow.

[Petsamo]

Blood in the (market) streets.

What are you talking about. SPY is at 140. And we have a possible gap up Monday.