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S&P 500 Weekend update: http://niftychartsandpatterns.blogspot.in/2012/12/s-500-weekend-update_22.html

just scalping it for now…. I dare not go long

and the sheep will claim its just a coincidence? lol. like this

The father of Newtown Connecticut school shooter Adam Lanza is Peter Lanza who is a VP and Tax Director at GE Financial. The father of Aurora Colorado movie theater shooter James Holmes is Robert Holmes, the lead scientist for the credit score company FICO. Both men were to testify before the US Sentate in the ongoing LIBOR scandal. The London Interbank Offered Rate, known as Libor, is the average interest rate at which banks can borrow from each other. 16 international banks have been implicated in this ongoing scandal, accused of rigging contracts worth trillions of dollars. HSBC has already been fined $1.9 billion and three of their low level traders arrested. “

 DIDO….just going to let my baby longs ride for now and let the dust settle so to speak.

I’m staying in cash too Seawind.  Not worth gambling on whether or not a deal will be reached or not.  Too wild of a market now.  See you next week…

FYI: Markets close on Monday Dec. 24 @ 1.00 pm EST.
 Have a great weekend one and all……staying in cash for the most part!

Agreed, if they wanted the market to crash today it would have already done.  They are trying to run it up and tanking it last night was just a way to raise money (by stealing it from those with “buy stops”) to be used to keep pumping the market up.

sold my Qs near at the open. Yes, shorts covering some bringing market up in the AM. Yes, the want market up also for getting more tax money in the .gov coffers…. super rrich don’t pay tax…they have offshore accounts, so this is just for their bed buddies, the .gov

SPY Support levels: http://niftychartsandpatterns.blogspot.in/2012/12/spy-support-levels.html