11/06/2012 Live Update

[rc1269]

mkt is figuring out that Obama victory is a foregone conclusion. we're just getting the post-election rally a little early

[Cobra]

generally this bull has legs.

[MrMiyagi]

I heard that they just restored the power in Bernanke's printer room.

[Cobra]

members only update at 12:04 am
http://www.cobrasmarketview.com/2012/11 ... ay-update/

[BigChief]

I heard that they just restored the power in Bernanke's printer room.

Miyagi...best...joke...of the day

[Me XMan]

Gone clown shorts again $143.45

I heard that they just restored the power in Bernanke's printer room.

[Petsamo]

I heard that they just restored the power in Bernanke's printer room.

ABX, GLD, USO, etc seem to be confirming that

[Cobra]

now back to MA50.

[Jack12]

Data release
08:55 USD Redbook (MoM) -1.60%
09:45 USD New York NAPM 561.90
10:00 CAD Ivey PMI 58.0 60.4
10:00 GBP NIESR GDP Estimate 0.8%
11:30 USD 4-Week Bill Auction 0.130%
13:00 USD 3-Year Note Auction 0.346%
16:30 USD API Weekly Crude Stock 0.90M 2.12M
16:30 USD API Weekly Gasoline Stock -1.59M -0.17M
ET

[TraderJoe]

I assume PM's are also calling the election???

I'm not sure this UP move is real, the volume is very light!!!

[BigChief]

now looking for 143.90 on SPY for possible short term turn

[ClarkW]

Al. No statistical data on PALL (black line) leading or not. From eyeballing it on longer charts there could be something there. I bought a little NUGT this morning when I posted about possibly "kissing before heading up" mainly because PALL was up so much. Probably just lucky but will continue to monitor for validity. Nice move in GDX

[rc1269]

folks, Obama wins = Bernank presses keep printing until he decides to retire. gold and stocks screaming this loud and clear. don't think it has to be any more complicated than that

[Cobra]

consolidation here is not bad for bulls.

[TWT]

SPX: It feels and so far it looks like a wave (C) in progress (of a Zig Zag)

[Petsamo]

AAPL doesn't seem to know which way is up

[TraderJoe]

folks, Obama wins = Bernank presses keep printing until he decides to retire. gold and stocks screaming this loud and clear. don't think it has to be any more complicated than that

Yes, BUT, the big money is not buying today, to light of volume..

[MrMiyagi]

[Petsamo]

folks, Obama wins = Bernank presses keep printing until he decides to retire. gold and stocks screaming this loud and clear. don't think it has to be any more complicated than that

A lot of people here are convinced Obama's gonna win. So, are you long gold ?

[Me XMan]

Not sure if BO wins and stocks ramping. It should be selling due to higher taxes next year.

folks, Obama wins = Bernank presses keep printing until he decides to retire. gold and stocks screaming this loud and clear. don't think it has to be any more complicated than that

A lot of people here are convinced Obama's gonna win. So, are you long gold ?