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Another Stick Save By Liberty 33 As Massive Volume Surge Post Fitch Downgrade Threatens Market Wipe Out
Observe the exponential volume spike at 10:30 when news of the Fitch downgrade hit. And, as always happens, there was smoke coming out of the windows of Liberty 33 following the much necessary stick save. And after that, as volume plunged, the algos took over. Because as everyone knows, If Volume Crap Then Buy, Buy, Buy. At this point if you are in this market, you are on your own and soon to go broke.
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Never mind TD, DJIA 11,000 here we come.....
DOW 36,000 by 2011.
Crisis averted, Mission acomplished!
Benny hates you bears...
Benny Benny.. fly your Chopy Chopy and throw more money money... la la la
do you think 33 liberty can spare a 20?
i am empty and the weekend is here.
I'm a bond buy, can you translate what you said....
(There is no market. If you think there is a market, you're one of the chumps providing profits to the handful of scripted players).
Finally! Someone else gets it. I've been saying this for the last six months! The "market" is simply a way for the squid to clean money out from the upper middle classes. (They do it through interest payments in the middle middle and lower middle.)
As a short-term trader you have to worship at the church of 'whats working now.' For now you have to buy the dips. At some point selling the rallies will work.
I'll have a pint of whatever you are drinking
I'll take a gallon of whatever these 'dip buyers' must be chugging.
And I'll have a double scotch please.
Mr. Gaussian says you'll have plenty of time, so no worries mate!
Unless of course you find a need to return the parrot...
Beautiful plumage or not, it's still a dead parrot.
i'll have what he's having...
volume spikes mark bottoms ... buy buy buy this worthless crap
thanks popo......
Looks like the traders thought it was bad news then they changed their minds. Ya, Ya thats what happened
REMEMBER: Capital controls are now LEGAL in the USA as is Money Market funds locking you out of liquidation.
Feeling trapped yet?
Thanks I feel better now.
Thanks for the reminder (seriously)
Will be doing a partial cash out and converting $200k next month....
Always glad to help. Yes, now is NOT the time to TRUST ANYONE ELSE with your funds.
Same goes for 'paper' gold/silver', only hold physical you can immediacy access or have at a location secured outside of the USA.
UFB.
the market is almost up 100% ... and bears have still not capitulated.. remindes me of 2000.... the day ZeroHedge is bullish on equities.. maybe due to a major Dollar devaluation... will mark the final top.. untill then squeeze squeeze squeeze
The only bears left are perma-bears and they won't capitulate. Nor will their lack of capitulation matter.
Did it matter in 2000 that a guy like Bill Fleckenstein never capitulated? Did it matter in 2007-2009 that guys like Doug Noland and David Tice didn't capitulate?
No, of course not, because perma-bears ("perma" being a fluid term with respect to the actual timeframe involved) are a small part of any market.
Bears have not capitulated? Really? Short interest and $BPSPX suggest that you're sharing anecdotal evidence with the boards. There are no bears left. The problem for the street is that the retail long has yet to show up. Sooner or later, they're gonna figure out that we're not going to show up. Sure is fun watching the two trains head into the tunnel though.
Bears (aka fundamental investors) are not going to go bullish. This market is crazier than 2000 if you compare fundamentals.
My guess is the boys are expecting retail to suddenly arrive and give them bagholders to sell to. I am skeptical. Colleagues I speak with are not biting. They feel like it is too late to buy and are not drinking the kool aid. Any day now the 6 players at this poker table are going to realize the patsy they were expecting in seat #7 is not playing. Then the real fun begins...
+10 yessss
http://www.youtube.com/watch?v=_br0ZnqnhVY&feature=related
The trend is your friend. You have to go with it, I have been bearish for twelve months and have been wrong. (That was tough to admit)
They will not let this market go down anytime before June. DOW 12,000 here we come.
Capitulator!
(kidding)
Who is "they?"
Did "they" tell you this is the time to get long? After a 100% up move based on a foundation of fraud.
You are better off being out of the market than being "long and strong." I hate that term almost as much as "nicely."
Who is "they?"
Did "they" tell you this is the time to get long? After a 100% up move based on a foundation of fraud.
You are better off being out of the market than being "long and strong." I hate that term almost as much as "nicely."
It will not go down before November, unless there was a clause hidden in the health care bill that suspended elections if the market goes down.
Go broke in this market? I caught CNBC for the first time in months from a hotel TV this morn, and they are talkin' Dow 14000, more bullish than a stockyard.... The storyline was, real bullish till the day comes when Obamanomics comes home to roost...
Anybody else think I'm crazy for asking for S&P 1200 this week?
frankly, noone gives a flying fuck. You post that worthless drivel every day.
I asked for a scotch neat. Hurry up with it.
Is the market telling us that hyperinflation is right around the corner?
Oh yes, definitely.
Weez all gonna be gazillionaires.
I'm a multi-trillionaire, aren't you? (I have the zim$ to prove it.)
Here is a video of how Zim deals with their hyperinflation:
www.youtube.com/watch?v=s3LdNxV0yPM
No one wants to play with Lloyd and Jamie in their little sandbox. Poor babies.
If a tree falls in the woods and there is no one around to hear it, does it make a sound?
Everyone is WRONG! It is not Dominique, IMF, EU, Squids, taxpayers.... it's Tiger Woods!!! He's back and EVERYTHING IS JUST FINE. Party on dudes........
Is it true that a Greek official was on the phone with Tiger today asking him for help?
Gold has gone vertical.
did i die and am i currently in hell. the calculated world wide scope of this financial collapse coverup is unbelievable. there is no truth - none. only hell has no truth....which only means - THIS IS HELL
Lloyd and Jamie have nomex suits and we don't.
20th/21st century economic and financial progression....
John Lenon - Imagine
Pink Floyd - Comfortably Numb
Queen - Another one bites the dust
Joe Cocker - This is the road to hell
Doors - This is the end
Metallica - Kill 'em All
'Back to front you coward you servant you blind man'
Better still Megadeath 'peace sells who's buying'
After the April 15th tax deadline, I fully expect the markets to dive like a submarine.
Why should that matter?
The amount of money they are spending on these saves has got to be incredible. In which account are they hiding these?
The "print of a button" account. Money created from thin air used to prop the markets. You think they play by the rules? They MAKE the rules.
The last 30 minutes SP, DOW and NAS has been identical. Don't see how that is possible in a unmanipluated market.
Shhhh!
Goldman's bulging Greek CDS book is weighing on its share price today.
Wasn't hurting them yesterday...
Whether anyone beleives it or not, I'm officially capitulating on a down equity market-- TODAY. The fundamentals are looking much better at the margin and you really can't fight the Fed. There is no inflation, so ZIRP will likely be here forever.
The Dow should be at 36,000 sometime early in 2011. Gold is irrelvant, since you can't eat it.
I hope that does the trick for the rest of you bears. :)
Apparently you can eat gold. Some dessert I got a few weeks ago had gold flakes as some sort of topping.
Someone out there is defending SPY 119 with some serious bytes of "cash".
But the 700,000,000 shares of C that traded, don't you think that means that everything is going to be just jim dandy? With all those people believing in one bank that has been so maligned, I mean, shouldn't that support a 12,000 dow by the end of April?
Sell in May, go away seems to be the play here!
Sorry but that strategy was a complete disaster last year. What makes you think it will work this time around?
Nice avatar. I had a serious hate on for Bush and Company but now find myself occasionally waxing nostalgic for the good old days.
DOW / SP500 daily chart gives bullish signals as of Friday 9 April. Weekly chart still trends up but continues to warn of an overextended bear market rally.
http://www.zerohedge.com/forum/latest-market-outlook-0
http://i39.tinypic.com/34y4k6t.png