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Thanksgiving party is over. 1374 is my take.

daily 11/27/12. broke high from friday by 1 tick after euro news. same price action occurred on 11/7 to 11/2 high. shorts may be in business.

which credit markets are you tracking, US and Euro or mostly Euro for this type of news?

logical, yes. but that is what they want us to do so they can run it further. wait for clear short signal. maybe lower high and lower lows on 60 min or something like that.

Always will be until 100% of their debt is forgiven. At that point, market should be well into the 1500s and the US 10 year will be yielding just over 0%. I'm just surprised market is not reacting more. Maybe in overnight session. Leads me to believe the rumor was bought already.

News http://www.reuters.com/article/2012/11/26/us-eurogroup-greece-idUSBRE8AP05820121126 Mute reaction in ES so far, EurUsd slightly bid.

Would not surprise me if they delay decision again out one week. And we know how the market will interpret it, hope.

i would assume this will not be wrapped up until wee hours of their morning so i guess the clock ticks until afterhours trading.

how long can they meet before they start seeing double. after 20:00 in Europe already.

http://www.cxoadvisory.com/4366/calendar-effects/stock-returns-around-thanksgiving/ not trying to prove anyone right or wrong but this is what I based it on. regardless, i would not take a position on anything like this. just sharing what i found.

3 years of data, come on Trvlwanderer

u never know :p

monday following thanksgiving typically a down day. euro finance ministers will most likely keep that tradition alive.

Spec, u know what time meeting starts?

daily 11/25/12

why don't u post every day?

I would not but many do and big boys know where the stops are. Gives them an area to get short or take off their longs. Wax on, wax off.

It would not be surprising at all. Stops are sitting above 1397.5 and 1399.75. Why would it be confusing?

4k lot at 19:53. wtf is that?

Agree, but they will continue to kick can down the road as long as the bond markets will let them.