X-mas Rally Officially Over: Start Shorting Tomorrow!!!

[scriabinop23]

* NOV EXISITNG HOME SALES: 6.28M V 6.19ME
- No revisions

*DEC CHICAGO PMI: 52.4 V 50.0E
**Components:
- Prices Paid: 60.2 v 60.2 last
- New Orders: 57.8 v 52 last
- Employment: 45.8 v 49.4 last
- Inventories: 49.5 v 57.7 last
- Supplier Deliveries: 48.0 v 43 last
- Production: 56.2 v 54.4 last
- Order Backlogs: 45.8 v 45.9 last

*DEC CONSUMER CONFIDENCE: 109 V 102E
- prior revised to 105.3 from 102.9
- 1Y inflation expectations 4.8% in Dec. versus 4.6% in Nov.


That looks like good support.

 

[EqtTrdr]

This market just reeks of awesomeness

I love no risk buying futures $$$

 

[S2007S]

300 point rally in less than 6 days




http://finance.yahoo.com/q/bc?s=000001.SS&t=5d

 

[S2007S]

20,000



HANG SENG INDEX (HKSE:^HSI) Delayed quote data

Index Value: 20,001.91
Trade Time: 4:59AM ET
Change: 276.18 (1.40%)
Prev Close: 19,725.73
Open: 19,742.79
Day's Range: 19686.81 - 20038.23
52wk Range: 14,811.60 - 19,728.00

 

[S2007S]

22,000 to 26,000 in 3 months

and when it does pullback it SHOULD NOT be a suprise to anyone


http://finance.yahoo.com/q/bc?s=^MXX&t=3m

 

[scriabinop23]

I can't wait until institutional LONG money gets back to work next week...

retail trader doesn't have the buying power to drive these markets anywhere.

 

[scriabinop23]

and by the way, here is my INDEX contribution:

Hang Seng Enterprise index

+600 pts 2 days ago. 7% !!!

 

[S2007S]

Quote from scriabinop23:

and by the way, here is my INDEX contribution:

Hang Seng Enterprise index

+600 pts 2 days ago. 7% !!!

sick, again when the pullback takes place it should be no suprise to anyoneeeeeeeee.

 

[S2007S]

can cnbc please stop repeating how low volume is....its a given fact that this week is the slowest.

 

[Optionpro007]

http://www.chartpattern.com/parabolic_curve.html

Quote from scriabinop23:

and by the way, here is my INDEX contribution:

Hang Seng Enterprise index

+600 pts 2 days ago. 7% !!!