i don't have the historical data to research this, but maybe someone here does. i received note from an 'institutional' research company (been around for 30 years and charge 'real' money for their research) not sure if the DOW and/or SPX as follows

Historical Comparison Price action of current cyclical bull market matches a similar period in 1936 thanks Haz

thanks, been doing that for 1/2 hour, unfortunately when you plug in YTD returns for EEM vs. any of the inverse funds, you don't find anything close to a 1 to 1 correlation.

which etf or etn is considered the 'exact' inverse of EEM? NON - leveraged.

thanks

+4% in last 45 min??? heard rumours of a large 'asset allocation' trade into equities into the close.

china external debt 122Billion, fx reserves 3,277 Billion. be nice if the US had those numbers.

• “We live in a world of walls, and those walls need to be guarded by men with charts. I have a greater responsibility then you can possibly fathom. You have the luxury of not knowing what I know: that the breakdown in the S&P 500 below 1,120 while tragic, probably saved billions. And the charts of Crude, the Euro and Emerging Markets, while grotesque and incomprehensible to you, save jobs! We use words like “Support”, “Resistance”, “Fibonacci.” We use these words as the backbone of a life spent defending something. Fundamental analysts use them as a punchline! I have both the time and the inclination to explain myself to investors (see charts) who rise and sleep under the blanket of the very freedom that I provide. I would rather you just said “Thank You”, and traded our way. Did I order the Code Red on “Risky Assets? You’re darn right I did! Do you understand these rights as I have just read them to you? All you did was weaken a market today. You put prices in danger. Sweet dreams, son.”

imho - it is not a part-time 'job'. been there done that.....

1 for the bulls - there were no job losses last month

1 for the bears - there were no job gains this month

1 for the Administration - UH OH, at least the unemployment rate didn't go up this month

IMHO, the intent of the next 'out of the box' idea from the FOMC will be to push the 10 year US note low enough (say 1.5%) to allow 30 year mortgages to be offered at 3.5% and/or 15 year mortgages at 2.5%. (with little or no points) over the course of the next 6 - 12 months.  FOMC has already stated that short rates will stay at .25% for the next 2 years.  FOMC (except for 3 smart board members) believes low rates will stimulate the economy, completely ignoring the fact that certain members of the  administration/congress are hellbent againt allowing businesses to operate outside the shadow of existing laws past these past 3 years.  laws on the books with no clear regulations written (read in the process of being written by an anti-business administration) means it is safer for businesses to lay low until they know the cost of hiring and the cost of manufaturing. it's a vicious cycle and the FOMC is only providing 'cover' for this entire charade. It's going to get real ugly when the FOMC decides inflation really exists and they have to raise rates.  the markets will adjust, how quickly will be the issue.... good trading

while a sub 1% revision today at 8:30 am is interesting, reality is that 9 months hence we will be told we were already in  a recession back in the summer of '11. that way, in the heart of election season, the politicians will be saying we already out of it

thought the am news would boost shares (FDA liked Merck's drug). then it fell outa bed. had small gain with stop loss activated. bought back in with BPT trigger. holding trailing stop. giddy up!!!!

no complaints, stopped 54

fwiw, 1) have her cross her legs. 2) have all o/n stuff packed and ready to go 3) keep in mind, typically baby #1 means a lot of time in labor, DO NOT PANIC (there is no need to speed on way to hospital), it's baby #3 that you need to be in the hospital when the plug goes.... 

cnbc reporting: after meeting next week: at 2;15 the FOMC will release their economic forecast only. then at 2:30 Bernanke will hold a press conference simultaneously with the FOMC statement release. the press conference will last about 45 minutes and include q/a time.