THE ELECTIONS

Futures look to be opening lower with ES -3, NQ -6 and YM -36.

The dollar is moving up and is currently at 80.8 higher by 1.22%.

Left a bit early on Friday and didn't see the close but I did see the rip on the reuters news at 14.44- that boosted the markets- "Mousavi wins Iranian election with 65%, according to close aide"- Well not really or maybe really but not gonna happen-

The markets still generally overbought with RSI (2) levels as follows:

SPX 82

DJIA 87

RUT 63

NAZ 56

NDX 25

Weekend stuff:





Barrons- their gurus- what they think now-





Hickey - bullish on GDX GLD AEM AUY MSFT and INTC;





Gabelli- bullish on LM ORLY VIA/B and USM;





Zulauf- EEM EWH EWS XME OIH XLE (GLD when it gets down to $850);





Schaefer- Long MV and Short PCL;





Black- BWP CALM;





Cohen- HESS and Lenovo Group (Hong Kong);





Gross- C and BCS bonds;





MacAllaster- BAC PL;





Faber- longs a bunch of stocks from Singapore and Thailand and EWJ- and short US Treas;





Witmer- Long MSFT;





I am long gold and MSFT and the rest no idea;





From the blogosphere:





FARI with some bearish stuff;





A random walk down Madison Ave.- pretty ugly;





But Houses most affordable since the 60's;





VIX+MORE- with his FIBS;





DR. BRETT and how all boats not being lifted;





Jason on some specs betting on a higher VIX;





TICKERSENSE- on the earnings bottom;





BESPOKE- on the stocks over the SMA 50;