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Another No Volume Day, With Quants Lurking In The Shadows Ready To Pounce

Tyler Durden's picture




 

As Larry Levin pointed out earlier, there is no volume as usual, a perfect opportunity for the SPARCs and the (In)visible hands to wreak havoc with all the shorts, as per the running script. Volume runrated to end silly low.

In the meantime, VIX is collapsing: just what your friendly next door quant, who has never heard of arcane concepts like EBITDA, leverage or gross margin, but knows all about charts and the only factor that works, to gun the market into the stratosphere. After all, he know he has so many helping hands to prop him up.

hat tip crazy, energetic scotsman

 

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Mon, 06/29/2009 - 12:42 | 2769 Divided States ...
Divided States of America's picture

Wait until July 4th, then the real fireworks will start.

Mon, 06/29/2009 - 12:51 | 2771 Anonymous
Anonymous's picture

Wonder what will happen sooner, the double deep in here or draggon pop in China? Is the answer, whoever has the better propoganda mashine?

(Comrade de Chaos)

Mon, 06/29/2009 - 12:54 | 2772 Anonymous
Anonymous's picture

Who the fuck keeps this market up? Goldman? Goldman in conjunction with Obama?

Mon, 06/29/2009 - 12:55 | 2774 Anonymous
Anonymous's picture

I mean I do understand that the FED has to build the national confidence that economy will recover. However, isn't there a better way than manipulating the markets and facing the danger that such a move will eventually kill the little confidence that is left?

p.s. the data on the right covers part of the comment field.

(comrade de chaos)

Mon, 06/29/2009 - 14:34 | 2789 Anonymous
Anonymous's picture

It has nothing to do with building the confidence of the public. It has everything to do with socializing loss and privatizing gain. If you're telling me that public opinion believes what is being done is being done to assist the economy, then you're telling me people are idiots. Who knew? It's nothing more than Mellon's "liquidate liquidate liquidate." That's ALL it is--the final looting going on before it all caves in in September. Then we see unemployment explode and, comrades, we're on our way.

Mon, 06/29/2009 - 15:18 | 2803 Anonymous
Anonymous's picture

I keep seeing references to this coming september or october as being a time when the feces is suppposed to really hit the fan. Could you explain just a bit for a FNG here? What is it that's supposed to be coming, why, and why in the fall timeframe?
thanks

Mon, 06/29/2009 - 15:18 | 2805 Anonymous
Anonymous's picture

>If you're telling me that public opinion believes what is >being done is being done to assist the economy, then you're >telling me people are idiots. Who knew?

I've known people were idiots for years.

Mon, 06/29/2009 - 15:36 | 2811 Lou629
Lou629's picture

(edit)Reply intended for #2789 above-sorry for mispost

I am interested in knowing about the september timeframe for things going all to hell. I'm a FNG here, and I've seen a few references to this coming fall ( either in september or october ) being the end of the world as we know it.

Could you explain a bit? What is supposed to be coming this fall, why, etc. ? Also, why in the fall as opposed to any other time between now and then? ( or afterwards? ) Thanks.

Mon, 06/29/2009 - 12:59 | 2777 mdtrader
mdtrader's picture

I guess it's probably being held up for the 30th June. They all want to look good at the half year. After that there's no need to ramp the market and so we can all go short and go on holiday lol!

Mon, 06/29/2009 - 13:39 | 2780 Anonymous
Anonymous's picture

gov't flooding the market with debt for a "stimulus", meanwhile simultaneously buying up off the run paper. does this make bernie madoff the operator of the second biggest ponzi scheme ever?

Mon, 06/29/2009 - 17:56 | 2851 Shaza (not verified)
Shaza's picture

Yep, my long dated shorts are getting killed! What will trigger the gunning of stocks into the stratosphere, anyone? What are they waiting for?

Mon, 06/29/2009 - 18:05 | 2854 Shaza (not verified)
Shaza's picture

From KD: Market Ticker
And Here It Is On CNBC: Manipulation
Gee, you've heard me in various Tickers talk about insider trading and intentional market manipulation.

Now hear it from a trader on the floor. Listen to this clip - 6 minutes, if you're not interested in the whole thing slide in to about 2:00 in.

Video on site: http://market-ticker.denninger.net/

Do NOT follow this link or you will be banned from the site!