10/9/09

SPX up 4.6% on the week... weekly having problems if we sell off next week but holding above the 4 wk EMA for trend traders



Prophet.net trigger plays today..damn

Click Here

Weak breath but they are trying to get over 1070 anyway with an hour to go

Obama wins the Nobel Peace Prize (WTF?!?!?!) BHO is like the Teachers Pet we had in High School


WASHINGTON (AP) - A beaming President Barack Obama said Friday he was both honored and humbled to win the Nobel Peace Prize and would accept it as a "call to action" to work with other nations to solve the world's most pressing problems.

Obama told reporters in the White House Rose Garden that he wasn't sure he had done enough to earn the award, or deserved to be in the company of the "transformative figures" who had won it before him.

SPX moving narrow range today for a Friday. Next Friday is Option Exp

20 Yr Treas off 4% from recent run...what a hair cut, rates moving up this week

MA DFS possible trend change update

Pair trades I am looking at

FSLR:ENER
APPL:IBM
UAUA:LCC
GLD:UUP
USO:UNG
IWM:DIA
DOW:AA
GE:BAC
RIMM:APPL
XLE:XLF
GLD:SLV

All righty, back. Recap: 1020 held and ramped to 1070 this week. Trying for new highs this AM. Daily RSI looks terrible if we do.