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Globex 12-12-08


Well obviously I missed something news worthy...
5min. gap @ 841 / 830.75 area also 15min. gap @ 808 / 801 area FWIW
Thx, Red!
raising stop to 837.75
out at 842.00,plus 2.25 on each..up 8.5 on the day
taking a cat nap!
There are slim pickings for RTH singles in this area. We have 851-855.75 above and 817-819.25 and 813-814.25 and 807.25-813 below. Sq 9s 856, 841, 827, 813. fwiw 844.75 is the .62 lower extension of yesterday's trade range.
PPI down 2.2 % - Retail Sales down 1.8 % ex. autos 1.6 %. We shall see no immediate reaction.
"White House willing to consider using TARP funds for automakers" - Reuters
s @ 53.25
1 off 50.5
flat and selling 60 area I hope