Bank Holiday Imminent?

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Wed, 03/16/2011 - 16:11 | 1062789 SpeakerFTD
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Right before option expiry.  Put holders get hosed again.

Wed, 03/16/2011 - 16:21 | 1062863 LowProfile
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I guess that would be the case (dunno nothin' bou't no options), but it hasn't happened yet.

And anyway, TD how are you extrapolating a bank holiday out of this?  It seems like pulling one in the middle of a disaster, when people need to buy supplies would be political suicide.  Besides which closing the stock exhange isn't closing the banks, is it?  Enlighten us poor peons plz! (seriously, I don't get it)

Wed, 03/16/2011 - 16:30 | 1062932 -Michelle-
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Buy supplies?  From where?  Any supplies are going to be handed out at shelters.

Wed, 03/16/2011 - 16:42 | 1062993 LowProfile
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ZH reported 7-11's getting cleaned out as soon as they restocked, so evidentially goods are coming from somewhere.

Wed, 03/16/2011 - 16:52 | 1063047 Boilermaker
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You can't be that stupid.  Surely not.

Wed, 03/16/2011 - 17:57 | 1063484 Michael
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Is this kind of waht it looks like?

Wall Street + Federal Reserve Corporation Theft = World Economic Collapse 

Thu, 03/17/2011 - 01:55 | 1065550 OldPhart
OldPhart's picture

Wow, deja veux rerun...disturbing.

That fictional snip is from the early 80's, fiction as truth is the same as lie=true. 

Wed, 03/16/2011 - 16:33 | 1062941 Tyler Durden
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"Bank holiday" is the generic name for a market close.

Wed, 03/16/2011 - 16:43 | 1062995 LowProfile
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Wed, 03/16/2011 - 19:52 | 1064068 edotabin
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It means we are "Winning!"

Wed, 03/16/2011 - 16:56 | 1063069 steveo
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Tyler, I sent a story idea to tips (at)

Thought this was a pretty good one, feel free to replublish or tell me how to do it, if you like it.


Wed, 03/16/2011 - 17:02 | 1063093 DocLogo
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Now's the time to push for pebble bed reactors

Wed, 03/16/2011 - 18:01 | 1063534 New_Meat
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nowz the time playaz are queuing up for natural gas combined cycle units. - Ned

Wed, 03/16/2011 - 20:29 | 1064201 Iam_Silverman
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I vote for coal gassification, combined cycle.

Thu, 03/17/2011 - 08:11 | 1065936 spanish inquisition
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Stationary bikes that plug into outlets. Should take care of obesity too. 2 birds, 1 stone.

Wed, 03/16/2011 - 16:58 | 1063080 Boilermaker
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Now, how in the hell are they going to jam the market higher with it closed???  That doesn't make sense.

Wed, 03/16/2011 - 17:08 | 1063138 e_goldstein
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closed to the proles. not closed to those doing "god's work."

Wed, 03/16/2011 - 17:12 | 1063163 Boilermaker
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Ahhh, Roger that.  Pulling levers and twisting knobs behind the curtain. 

Couldn't they just 'declare' the market to be some 'value'?  I always get lost as to why they just don't decree things are better.

Wed, 03/16/2011 - 17:13 | 1063162 Spalding_Smailes
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I just got fucked over by " the vitamin shoppe ".


As I was giving a follow up call on my order status the bitch told me my order ( placed on monday mourning ) was now on back order until the middle of June.


Un fucking real, the bitch manager also gave me the same line of bullshit. So Spalding says, pass the word " the vitamin shoppe " = dog shit .....


Wed, 03/16/2011 - 17:47 | 1063441 nufio
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The same thing happend to me. My lawyer said I could potentially sue them, if they are actually holding out on stock to sell at a higher price.
She said its probably not worth my time as its hard to prove that.
But yeah. fuck vitamin shoppe.

Wed, 03/16/2011 - 17:49 | 1063453 Spalding_Smailes
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Put it in caps....

I'll be spamming about that fucking company over the next few weeks ... 

Fuck um'.....

Wed, 03/16/2011 - 17:57 | 1063509 Mark McGoldrick
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Spalding, spalding, spalding....

I like you, if for no other reason than you chose the name of a character from my all time favorite movie.


Why the fuck do you think Tyler would care about this?


Right now, at this very instant, it's raining pianos in the FX market, and you're babbling about the vitamin shoppe and some $7/hour phone operator?

Wed, 03/16/2011 - 18:10 | 1063579 Spalding_Smailes
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I know Tyler does not care, that was part of the joke. Just like my uncle ben rants ....


I hate the status quo but it's not changing so all the inflationist bullshit must be blasted by Spalding because we have no other choice except a reset or basket ...

Wed, 03/16/2011 - 17:58 | 1063511 Misstrial
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Don't worry, think of all the unhappy people who missed out on the Charlie Sheen show tickets.

Sold out in 18 minutes. 



Wed, 03/16/2011 - 17:15 | 1063186 macholatte
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Bank Holiday

A bank holiday is a public holiday in both the United Kingdom and Ireland. There is no automatic right to time off on these days, although the majority of the population not employed in essential services (e.g. utilities, fire, ambulance, police, health-care, public transport workers) receive them as holidays; those employed in essential services usually receive extra pay for working on these days. The first official bank holidays were the four days named in the Bank Holidays Act 1871, but today the term is colloquially used for public holidays which are not officially bank holidays, for example Good Friday and Christmas Day.



Wed, 03/16/2011 - 17:36 | 1063371 hedgeless_horseman
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Wrong definition.  When fractional reserve banking backs up, there is not enough money for depositors to withdraw, so the banks close.

Wed, 03/16/2011 - 19:28 | 1063975 dark pools of soros
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so we should get our tranny porn fix now before the major spike in traffic tomorrow?

Wed, 03/16/2011 - 16:44 | 1063003 RockyRacoon
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You have 3 eyes.   Have you been visiting Japan lately?   How could any 3-eyed person be expected to "get" anything?

Wed, 03/16/2011 - 17:27 | 1063319 Yen Cross
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Racoon is on the Sushi Menu. The theme is (Fight For It)

Wed, 03/16/2011 - 17:30 | 1063325 Yen Cross
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You know I love ya man. Just teasing. You owe me one.

Wed, 03/16/2011 - 17:12 | 1063154 Squid-puppets a...
Squid-puppets a-go-go's picture

This will be interesting - if a 'Bank Holiday' causes more catastrophic losses than not having a bank holiday, we have a real black swan event

Wed, 03/16/2011 - 17:22 | 1063248 Yen Cross
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They're back P(hole)terTimmays.

Wed, 03/16/2011 - 19:49 | 1064057 mephisto
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Nikkei options expired last friday - not this one.

Wed, 03/16/2011 - 16:11 | 1062793 alien-IQ
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why not? In America we have bank holidays a couple of times a week. We just call them POMO's...which is like Christmas for bankers isn't it?

Wed, 03/16/2011 - 16:33 | 1062946 chumbawamba
chumbawamba's picture

Oh, so sorry, Mother Nature done did an end-run around your plans for global financial domination?


Keep the markets open.  Let the big guys get gutted.  Make them eat their own shit.

Burn this mother fucker DOWN.

I am Chumbawamba.

Wed, 03/16/2011 - 16:41 | 1062976 Boilermaker
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Sports Guy Chest Bump )(

Wed, 03/16/2011 - 16:45 | 1063000 redpill
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Wed, 03/16/2011 - 17:29 | 1063216 hamurobby
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Probably right, but what is realy sad is, the ptb are already hedged and are just selling to fools.

Wed, 03/16/2011 - 16:46 | 1063004 LowProfile
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Chumba's back, and getting the junks for using the dreaded, nuclear-tipped N-WORD.

Chumba, my nigga! Respect.

Wed, 03/16/2011 - 17:01 | 1063079 chumbawamba
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Nigger is as nigger does.

We're supposedly in a post-racial society, and in a nation that has as it's Prime Directive the unalienable, inherent, God-given right to Freedom of Speech.

So let's have it out finally.

What fucking problem do you all have with the god damned word, "nigger"?

I'm here to announce that I have finally killed the word nigger.  It's dead!  Long live nigger!

Now that it is dead and gone from this utopian society in which we are judged not by the color of our skin but by the content of our character, we can now re-purpose it to apply its true meaning to those who are deserving of it.  I can think of several groups of people who are apt to be called niggers.  These include:

  • Bankers (primarily the TBTF variety, but practically all of them)
  • Government officials at pretty much all levels (particularly the American variety)
  • zionists
  • Racists
  • IRS

Now, if you're still not convinced that nigger is dead, I submit to you four people much more qualified than anyone to discuss nigger.  Ladies and Gentleman, I give you Chris Rock, Richard Pryor, Dave Chapelle, and Flava Flav:

In hindsight, just call me a racist.  It's easier than explaining it to inferior intellects.

I am Chumbawamba.

Wed, 03/16/2011 - 17:09 | 1063141 DocLogo
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You need to learn the difference between good attention and bad attention. This isn't the appropriate forum for this discussion. Might I suggest

Wed, 03/16/2011 - 17:12 | 1063151 chumbawamba
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Why don't you fuck off, you nigger.

Wed, 03/16/2011 - 17:14 | 1063179 Boilermaker
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If you're going to be explosive and riddle your comments with epithets, then you need to work on your grammar.j

It's..."Why don't you fuck off; you are a nigger"

I would have also accepted..."Why don't you fuck off, nigger"

Wed, 03/16/2011 - 17:20 | 1063240 chumbawamba
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It's colloaquial.

I am Chumbawamba.

Wed, 03/16/2011 - 17:24 | 1063290 Spalding_Smailes
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Any links left for sodium iodide at this point ? The vitamin shoppe just fucked me in the ass. My order placed on monday is now on back order until june ..... Fuck me ....

Wed, 03/16/2011 - 17:40 | 1063401 SilverDOG
SilverDOG's picture

Consume kelp, and/or seaweed, sushi or vitamin form. Make some miso soup and add extra seaweed. Nature does supply what you need. Learn it and live it.

Wed, 03/16/2011 - 17:51 | 1063462 Spalding_Smailes
Spalding_Smailes's picture

I love miso soup .... Thanks for the info -

Wed, 03/16/2011 - 18:28 | 1063689 seek
seek's picture

Out of that list, Kelp is the best, most iodine-dense option.

If you're in the US at this point you have nothing to worry about. Even are current levels, folks in Tokyo don't have much to worry about at this point in time, radiologically speaking.

I'm sure if this changes in the US folks with the right gear will be making the appropriate amount of noise.


Wed, 03/16/2011 - 18:44 | 1063793 barkster
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and order some of these to put the drops in (take quickly before gelcaps dissolve):

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