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Charting Reverse Decoupling

Tyler Durden's picture


Ever wonder why the US is a shining city on a Ponzi hill? Wonder no more. Cause heeeeeere's reverse decouplingTM.


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Fri, 07/01/2011 - 14:55 | 1419735 SmoothCoolSmoke
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It's 1984....but I don't feel 24 again?

Fri, 07/01/2011 - 14:55 | 1419757 Sudden Debt
Sudden Debt's picture

I was only 8 year back than :)



Fri, 07/01/2011 - 15:16 | 1419818 Haywood Jablowme
Haywood Jablowme's picture

You probably weren't paying much attention to your grammar lessons BACK THAN!

* sorry, couldn't resist :)

Fri, 07/01/2011 - 15:28 | 1419872 fuu
fuu's picture

I am sure his grammar is decent in his native language.

Fri, 07/01/2011 - 15:31 | 1419886 WaterWings
WaterWings's picture


Thank all the monks over there for the best beer on the planet.


Fri, 07/01/2011 - 15:46 | 1419933 Alienated Serf
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Duvel Green ftw

Fri, 07/01/2011 - 22:08 | 1420666 trav7777
trav7777's picture

nah...corsendonk pale

Fri, 07/01/2011 - 23:58 | 1420798 pops
pops's picture

Shiner Bock.

Fri, 07/01/2011 - 16:30 | 1420101 Haywood Jablowme
Haywood Jablowme's picture

I am sure his grammar is decent in his native language.


I'm sure it is.  Doesn't mean we can't enjoy a quick laugh or a quick crack amongst ZH oldies as we slowly watch the human race kill itself off :)  At least we get to watch the people of Greece go down fighting. 

I think I'll go watch some porn now.  Nah, instead I think I'll head out to the corner gas station and buy some sparklers at one of those make-shift firework stands so I may pound my chest in pride as Ol' Glory waves her beautiful Made In China hand across the Fukushima irradiated skies this 4th O' July.

Cot Damn it's good to be an Americaine!  AHH YEE HAW!



Fri, 07/01/2011 - 17:34 | 1420243 Haywood Jablowme
Haywood Jablowme's picture


Junk?  Geezus, people don't like sparklers anymore?  No need to get your panties in a bunch.  Ok, Ok.  I'll pick up a pack of the crazy jacks and the glow worms too. 

Now everyone, "Ohhhhh say can you see? ...."

With liberties like this, hell we should celebrate the 4th every cot damn day.


The New Improved Revolution Anthem

Fri, 07/01/2011 - 16:34 | 1420123 Haywood Yablomi
Haywood Yablomi's picture

ooh, this is awkward.

Fri, 07/01/2011 - 17:17 | 1420229 Haywood Jablowme
Haywood Jablowme's picture

If I had a man-gina and had to look at myself in the mirror, I'm sure I'd feel the same way LMFAO LULZ


Fri, 07/01/2011 - 22:20 | 1420684 WaterWings
WaterWings's picture

Nice weaponry. Quite fitting, considering the weekend.

Happy Declaration of Independence from Tyranny and Right to Pursue Happyness Day.

Fri, 07/01/2011 - 15:20 | 1419829 slaughterer
slaughterer's picture

Volume was very low today. 

Fri, 07/01/2011 - 15:45 | 1419956 Tense INDIAN
Tense INDIAN's picture

1984 is special...i was born

Fri, 07/01/2011 - 14:51 | 1419737 mt paul
mt paul's picture

don't know what this means ...

but one out of seven

not great odds ... 


Fri, 07/01/2011 - 15:19 | 1419825 Cognitive Dissonance
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It means that while the rest of the industrialized world has run off the road and smack dab into a tree, somehow the US is bucking the trend and sailing away to recovery heaven. 

Either that or the USA has a compliant lap dog press and pliable economic institutions to fudge the books and economic numbers to a greater degree than the rest of the world.

Yeah, once again America is first in the world.

Fri, 07/01/2011 - 15:53 | 1419973 Tense INDIAN
Tense INDIAN's picture

remember Mark Copolla's report...GAME OVER THESIS...US wins....but growth is dead or slow

Fri, 07/01/2011 - 16:05 | 1420027 JP McManus
JP McManus's picture

It means TPTB didn't want Americans sitting around the BBQ over the weekend talking about how craptastic the economy really is.  Pump it up for a week, and they won't complain.

Sat, 07/02/2011 - 02:27 | 1420865 phyuckyiu
phyuckyiu's picture

Give this man a magic brownie for eloquently explaining why we released oil from the reserve magically before the normal 4th of july gas gouging occurs. I've noticed all the gas stations afraid to go above $3.85 in Cali this weekend, almost as if some magic edict went out. Notice also the lack of chemtrails, erm pardon me Haze this weekend. Somebody really wants us to think good thoughts about Merika this weekend.

Sat, 07/02/2011 - 08:33 | 1421094 blindfaith
blindfaith's picture

gas was already at 3.85 before any release.

The oil was ( most of it anyway) sold to the Chinese and the to big to fail banks for storage offshore, only to be bought back later at a higher price...maybe next week.  Reminds one of the Treasury auctions sold today and bought by the Fed tomorrow.   Pocket change to run the government until August, off the books so to speak.

Fri, 07/01/2011 - 16:53 | 1420182 oldman
oldman's picture


It may also mean that, as usual, the US is going its own way without the rest of the world, Wonder what will happen when the US faces the shock of its virtual world meeting reality?

This is fun to watch, however

Fri, 07/01/2011 - 14:56 | 1419738 10kby2k
10kby2k's picture

the chart illustrates why the dollar is so strong

Sat, 07/02/2011 - 08:32 | 1421089 blindfaith
blindfaith's picture

My great grandmother is stronger than the dollar and she is horizontal.

But, made up numbers don't lie, do they?

This stuffing the channel reminds me of an old LUCY show, where she and Ethyl were on the candy boxing conveyor.  Had to eat the extra candy flying down the conveyor because they couldn't get it into the boxes fast enough.

Sorta like GM is doing with does this index take GM stuffing into account?

It ain't that hard to manufacturer numbers, but near impossible to manufacturer a truth.

Fri, 07/01/2011 - 14:52 | 1419739 Mercury
Mercury's picture

Because...The USA is the factory to the world?

Fri, 07/01/2011 - 14:55 | 1419755 JuicedGamma
JuicedGamma's picture

There's a sign in Trenton NJ (don't ask) "what Trenton makes the world takes" maybe we should attach similar to the Statue of Liberty.

Fri, 07/01/2011 - 15:08 | 1419783 Mercury
Mercury's picture

...until they say: no mas...

Fri, 07/01/2011 - 15:10 | 1419808 LowProfile
LowProfile's picture

No means no.

Fri, 07/01/2011 - 14:53 | 1419742 trav7777
trav7777's picture

America is #1 at bestness, 'nuff said.

Just get over it

Fri, 07/01/2011 - 16:53 | 1420168 knukles
knukles's picture

Don't matter none anyhow, 'cause history don't apply to America.

Fri, 07/01/2011 - 18:18 | 1420337 nuinut
nuinut's picture

Only as long as America is writing it.

Fri, 07/01/2011 - 14:56 | 1419743 tmosley
tmosley's picture

And it will keep going that way until China decides that it doesn't want to prop up the US any more (or until they can't).

This is too funny.  

Fri, 07/01/2011 - 14:57 | 1419745 Mike2756
Mike2756's picture

If we're killing them on exports, who's buying?

Fri, 07/01/2011 - 14:53 | 1419748 treemagnet
treemagnet's picture

As long as the populace believes it - it works for a bit longer. 

Fri, 07/01/2011 - 14:57 | 1419749 Misean
Misean's picture

Next up, a 0.1% unemployment print. When printing money fails, just print reality.

Fri, 07/01/2011 - 15:36 | 1419896 WaterWings
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Teargas and LRAD you can believe in.

Fri, 07/01/2011 - 21:54 | 1420655 Al Gorerhythm
Al Gorerhythm's picture

Did you mean LARD?

Fri, 07/01/2011 - 14:54 | 1419750 Voodoo-economist
Voodoo-economist's picture

considering the weak dollar, makes sense, not?

Fri, 07/01/2011 - 14:54 | 1419751 Bartanist
Bartanist's picture

I am not seeing business move back here to the US. All we seem to have are overpriced M&A and overpriced IPOs these days.

... oh right, and inventories are building?

Fri, 07/01/2011 - 15:21 | 1419836 DosZap
DosZap's picture

Just yesterday the dip said American business MUST be allowed to offshore their business.........

Which is it?.

Fri, 07/01/2011 - 17:55 | 1420300 NotApplicable
NotApplicable's picture


Fri, 07/01/2011 - 15:00 | 1419759 Frederico
Frederico's picture

Can anyone explain to me what this is? or whats reverse decoupling?

Fri, 07/01/2011 - 14:58 | 1419763 Misean
Misean's picture

"whats reverse decoupling?"

Policy making idiots grasping at straws.

Fri, 07/01/2011 - 14:59 | 1419768 101 years and c...
101 years and counting's picture

yes.  its lying your ass off to get as many headline sniffing bots to buy stocks.


Fri, 07/01/2011 - 15:07 | 1419801 wandstrasse
wandstrasse's picture

it looks like a North-Korean military power comparison, red is North Korea, blue are some selected western enemies. Or like hair shampoo, red is product xyz, blue are 'other products'.

Fri, 07/01/2011 - 15:10 | 1419807 Brindle702
Brindle702's picture

Anyone correct me if I'm wrong, but: ISM: Institute for Supply Mangement ... think inventories.  Our inventories are increasing for the same reason that the other 6 in the chart are decreasing, hence, reverse decoupling.

Fri, 07/01/2011 - 15:21 | 1419832 Brindle702
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The brochure for the ISM report that the ISM puts out:

Fri, 07/01/2011 - 18:56 | 1420395 rosiescenario
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Well, Larry Crudlow just explained the rise in inventories is very shows a higher confidence level by businesses....they expect greater future sales and are preparing wisely for that eventuality.

Fri, 07/01/2011 - 23:45 | 1420790 CompassionateFascist
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Or: piling up stuff that nobody's buying. Or can buy. Or will buy.

Fri, 07/01/2011 - 15:02 | 1419765 shushup
shushup's picture

The algo's are going crazy today. Lots of mini flash crashes followed by intant recovery and higher highs.

Fri, 07/01/2011 - 15:18 | 1419840 HowardBeale
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It's as if they've plugged a certain positive slope (with a negative feedback correction factor that is proportional to the divergence from Y) into the buy machine and someone forgot to turn it off. Look at the five day chart for the S&P--it's a virtual (upward slopoing) straight line.

Fri, 07/01/2011 - 15:31 | 1419885 fuu
fuu's picture

When silver did that it was bubble city followed by margin smack downs.  S&P though is fine and dandy.

Fri, 07/01/2011 - 15:41 | 1419916 SeverinSlade
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Fri, 07/01/2011 - 15:04 | 1419771 stateside
stateside's picture

There has been speculation that if the sheeple were lied to in the 1930's that things were actually better than they thought and government data was manipulated to support the lie, we may never had entered into and had a long drawn out Great Depression.  Now that the sheeple are being lied to and the data is being manipulated, we get to see this scenario play out in real time.  Perception vs Reality.

Fri, 07/01/2011 - 15:05 | 1419789 Temporalist
Temporalist's picture

And if Woody had gone right to the police this would never have happened...

Fri, 07/01/2011 - 15:14 | 1419810 richard in norway
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but the problem is that folk know how things are going in their own lives and many of them have freinds or family in other places, so they know it's not just them or just their town. something like that could have worked in the 30s but not now


as evidence, lot of folk ask me how stocks can be doing so well when the economy sucks. but it is ture that TPTB are desperate to limit any down days to 2% because they don't want "stock market panic" headlines, if i was them i would do the same

Fri, 07/01/2011 - 15:53 | 1419970 SoNH80
SoNH80's picture

The huge catch with the stock market BS is, it's hard to invest in the stock market when you're fishing for couch coins to buy a couple of packs of ramen noodles for the kids.  Job growth = recovery; phoney stock market rise = more dough for the top 15%, thass all.

Fri, 07/01/2011 - 15:06 | 1419777 Waffen
Waffen's picture

Tyler adding a little explanation every once in a while would make it much easier for all of us to learn wtf this all means.

Fri, 07/01/2011 - 15:20 | 1419787 plocequ1
plocequ1's picture

I see 6 blue bars and 1 red bar. 

Fri, 07/01/2011 - 15:42 | 1419920 Herd Redirectio...
Herd Redirection Committee's picture

Explaining things has been outsourced to the Capital Research Institute, Zero Hedge just provides raw data, and cutting insight, choosing not to dilute the message by translating or dumbing it down for the average person.

Fri, 07/01/2011 - 15:07 | 1419780 RobotTrader
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XLY and XRT now at fresh, new, lifetime, world record highs.

Who woulda thunk that????

Truly amazing.

Fri, 07/01/2011 - 15:12 | 1419805 d00daa
d00daa's picture

Have you ever seen charts like this?  Slicing through "resistance" like nothing, on vapor.  I have never seen anything like this.

Yes, I am coughing up blood.

Fri, 07/01/2011 - 15:22 | 1419839 slaughterer
slaughterer's picture

This is frightening me to death: EVERYTHING is above the upper limits of its trading range. 

Fri, 07/01/2011 - 15:49 | 1419945 slewie the pi-rat
slewie the pi-rat's picture

truly amazing...  your outfit gives me that "topside breakout" thought, RT.


Fri, 07/01/2011 - 15:04 | 1419784 pat53
pat53's picture

Wouldn't have mattered one bit even if the ISM had printed 45. The "people in control" are simply too powerful and will NOT allow the stock market to fall more than a few percent. The market is just too important to too many afluent people and to pensions , etc. Consider every 5% drop to be a huge gift to get long for the next wave up. A drop of 10% will never happen. 


All the permabears who were waiting for QE2 to end so they could short the hell out of the market have just been eviscerated, and as usual, WRONG again. They just don't get it, and never will, until they are completely wiped out and left scratching their asses !  LOL


SPX will easily be north of 1400 by fall, and probably challenging all-time highs by year end. Trying to fight TPTB will prove disasterous !

Fri, 07/01/2011 - 15:17 | 1419821 richard in norway
richard in norway's picture

what happened in 2008 then? was someone asleep at the wheel or was it panic

Fri, 07/01/2011 - 15:21 | 1419834 Cognitive Dissonance
Cognitive Dissonance's picture

2008 was the last vestiges of reality. You have now crossed over into the Twilight Zone.

Enjoy the view.

Fri, 07/01/2011 - 19:01 | 1420409 rosiescenario
rosiescenario's picture

Actually, I prefer to look at this in a more positive light: we now no longer need base our decisions on reality....they can now be based upon our best expectations. Reality is more for children...once they grow up, they are free to base their conclusions upon whatever the herd believes at that moment in time. Reality need not intrude....reality is moldable into whatever we wish to make of it.

Sat, 07/02/2011 - 05:31 | 1421026 XPolemic
XPolemic's picture

You were told:

''That's not the way the world really works anymore.We're an empire now, and when we act, we create our own reality. And while you're studying that reality -- judiciously, as you will -- we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors . . . and you, all of you, will be left to just study what we do.''

- Ari Fleishman - Liar in Chief


Fri, 07/01/2011 - 15:25 | 1419867 hambone
hambone's picture

I'm a believer that March '09 saw the shift of the US government from a supportive coach on the sidelines to dressing down and becoming the star player for the offense / defense / special teams.  I think the markets were about to literally crash and burn and all the bad debt was about to be defaulted upon...all w/ leverage were about to be destroyed.  

The Obama March '09 (now's a good time to buy stocks) was quite prescient.  From that point on, every resistance was overcome, every support lost was magically regained.  Confidence of the big players that the gov had their back was restored...only issue is the gov can't leave as they are the prop that holds up a very shitty team...absent them and their excellent QE/ZIRP/dark pool buying of everything...well, it all falls over but with the gov there they will all only lean harder. 

Fri, 07/01/2011 - 15:32 | 1419897 Cognitive Dissonance
Cognitive Dissonance's picture

....the star player for the offense / defense / special teams.

Thank God someone suited up because it appears the No Football League (NFL) won't be playing this year. Will all the Gvt/Pigmen matches be telecast on DirecTV?

Fri, 07/01/2011 - 15:42 | 1419905 WaterWings
WaterWings's picture

Battle Royale elimination/survival match between the best and brightest of FEMA and the ATF.

Fri, 07/01/2011 - 15:55 | 1419990 hambone
hambone's picture

Funny - reminds me of the old Bugs Bunny cartoon where BB (no, the other BB) played and beat the NY Sluggers (or whatever they were) and Bugs played every position...modern day equivelant being played out by our own hareless (but bearded) BB.

Fri, 07/01/2011 - 15:21 | 1419851 Finite Supply
Finite Supply's picture

True, but only until the bond market says otherwise.  Patience, padawan. In 2 weeks we have lots of bonds to issue and the money has to come from somewhere.

Fri, 07/01/2011 - 15:49 | 1419971 SeverinSlade
SeverinSlade's picture

So by your logic in 10 years the DOW will be at 100,000 and everything will be happy and perfect.  No wars, no poverty, full employment, record corporate earnings, etc.

Sorry, that's not what's going to happen.

This is precisely how TPTB work.  They get dumb money to take a definite position long or short, then they push the market in the exact opposite way briefly.  This causes the dumb money to panic and sell or cover and then try to board the train as it's leaving the station.  As soon as they have the dumb money all on board, they derail the train.

Just look back to last year following the end of QE1.  Volatility skyrocketed and the market began to fall like a brick.  There's no reason to think that's not exactly how it'll play out over the coming months.

Remember, you have to accept the possibility that God (Bernanke) doesn't like you (economic recovery).  He never wanted you.  In all probability, he HATES you.

See?  Makes total sense.

Fri, 07/01/2011 - 18:49 | 1420380 Ghordius
Ghordius's picture

Bernanke is not Him.
Bernanke serves the Squid.
All heil the Squid.

Fri, 07/01/2011 - 20:59 | 1420610 Jack Napier
Jack Napier's picture

The DOW at 100,000 isn't out of the realm of possibility if the printing presses keep going, with the stipulation that gold is also 100,000. Heck, why not a quadrillion? It just depends on how long they let hyperinflation run before they pull the plug.

Fri, 07/01/2011 - 15:17 | 1419835 RobotTrader
RobotTrader's picture

All I can say is that bear markets don't start when restaurant stocks like EAT and DRI are making 3-year highs on breakaway runs.

Fri, 07/01/2011 - 15:44 | 1419903 fuu
fuu's picture

So why is the S&P still off the 2000 highs when adjusted for inflation? Still down 30%.

Fri, 07/01/2011 - 19:02 | 1420413 JW n FL
JW n FL's picture


There can be no recovery.. without the FED Printing Energy!

Fri, 07/01/2011 - 19:05 | 1420419 rosiescenario
rosiescenario's picture

...the KKD insanity was a pretty good tel on the prior market's top.

Fri, 07/01/2011 - 23:54 | 1420796 CompassionateFascist
CompassionateFascist's picture

This isn't going to be a "Bear Market". It's going to be a Wolverine Market: nothing left, not even bones.

Fri, 07/01/2011 - 15:17 | 1419837 slewie the pi-rat
slewie the pi-rat's picture

support the industrial arts, or else, comrades?  good idea, really.

this looks like the scorescard in the fiat money Race To The Bottom!  i told ya we were winning!  looks like japan and the uk might have a shot, but folks, this is nothin, yet.  QE III is gonna be freakin awesome!

Fri, 07/01/2011 - 15:19 | 1419843 BeerWhisperer
BeerWhisperer's picture

Two words.

Contrary Investing.


"Everyone" thought the market will dive after QE2, "everyone" bets on that. The big money can easily manipulate a short term rally. And just as "everyone" is done scratching their heads and starts investing long on a recovery, big money has already shorted the market to make money when it comes down in a crashing thud.


Fri, 07/01/2011 - 15:21 | 1419850 slaughterer
slaughterer's picture

And "everybody" thought that the ISM would post below 50.  "Big money" and their computers totally destroyed all shorts today.

Fri, 07/01/2011 - 18:08 | 1420330 Bananamerican
Bananamerican's picture

"Two words.

Contrary Investing."

the only way to win is not to play...

Fri, 07/01/2011 - 15:20 | 1419845 MFL8240
MFL8240's picture

The US ponzi fraud takes front and center stage with a 700 Dow point move on nothing but lies, propoganda and an attempt to get the clowns numbers up.  Wont work, buy Gold!!

Fri, 07/01/2011 - 15:26 | 1419855 slaughterer
slaughterer's picture

I feel completely demoralized.  Completely.

Fri, 07/01/2011 - 15:43 | 1419921 slewie the pi-rat
slewie the pi-rat's picture

do some grief work?  maybe start working on your Dow 13K hat?

Fri, 07/01/2011 - 16:01 | 1420012 SoNH80
SoNH80's picture

Cocaine may be the key to all of this, "hey, it's 1999, let's party!!!" stock market action.  Tony Montana-level consumption.....

Fri, 07/01/2011 - 15:28 | 1419877 qussl3
qussl3's picture

Was expecting this but its bonkers lol.

Wont go long out tho, no way to get out fast enough when the take down comes.

Fri, 07/01/2011 - 15:31 | 1419887 Boilermaker
Boilermaker's picture

Scared people aren't ones to question why.

The flash crash was the epic moment anyway.  I don't give a shit who sold what, I want to know who BOUGHT the shit out of to reverse 600 points in a minute or so.  I want to know who has that amount of capital available to do it and why in the hell they actually would do it at that moment.

What difference does it make?  This is as phony as a titty on a bull.

Give me a break.  This is so god awful blatant that I expect someone to start dancing around with serpents talking in tounge on the NYSE floor.

Fri, 07/01/2011 - 22:13 | 1420672 trav7777
trav7777's picture

I was.  I had stink bids in on some stuff that hit and I'm up 80% on low-risk dividend payers.

Fri, 07/01/2011 - 15:32 | 1419892 trampstamp
trampstamp's picture

Talk about psychological warefare! Stay focused boys. Noone said it was easy shorting this market. The last thing the bulls want is for you to take their money. They know the game is up so they are making sure you don't get in on the action and will inflict as much pain possible. I believe we are range bound for the moment. All bets are off if we close above 1362 on the monthly ES chart.

Fri, 07/01/2011 - 15:51 | 1419976 hambone
hambone's picture

Uhhh, TS, dollar is cleared for new that Greece is outa the way for a bit...and that means market rips.  I mean, I'm the biggest fucking bear of all but one look at the chart should tell you -

The game is rigged, the dollar is a tail wind, be careful.

Sat, 07/02/2011 - 08:07 | 1421081 blindfaith
blindfaith's picture

fools go where angles fear to tread.

It takes more patience and strength to guard you capital than take risk on.

The army looks at shorts like a heathen with a spear, take down is a no brainer.

Fri, 07/01/2011 - 15:56 | 1419982 SeverinSlade
SeverinSlade's picture

Precisely.  It's impossible to know precisely when the bottom will drop out from the market, but we do know that it WILL.  It HAS to.  If Bernanke rolls out QE3 right now, Washington and Wall Street will chop his head off.  If he waits until the DOW drops to around or below 10K, then he's a hero. 

Fri, 07/01/2011 - 16:02 | 1420003 Herd Redirectio...
Herd Redirection Committee's picture

Maybe.  Right now I am leaning towards them launching QE3 by mid July, but under another moniker,  SMM, Spread Maintenance Mechanism or the 'Invisible Hand of the Economy', you know, something mystical, nonsenical, and technical!

Fri, 07/01/2011 - 16:09 | 1420024 hambone
hambone's picture

Think QE3 just began this week - code name MFEBWFTEQ.2 (Mind Fuck Every Bear Waiting For The End of QE2).

Only reason it wasn't formally rolled out they are having a bit of trouble w/ the acronym and still working on some pronunciation friendlier versions w/ a couple of PR firms (think of this week as a "soft launch").

Fri, 07/01/2011 - 17:42 | 1420284 fuu
fuu's picture

FTBT - Fuck The Bears Today. Actually just the inverse of TBTF which our focus groups found was subliminally comforting to the sheep.

Fri, 07/01/2011 - 17:43 | 1420294 hambone
hambone's picture

Baaaaahhhhhhhh (translation...better the bears get fucked than us sheep again)

Fri, 07/01/2011 - 15:53 | 1419987 Herd Redirectio...
Herd Redirection Committee's picture

If you use leverage, and you swim with sharks, well, don't be surprised when they get you to react emotionally, instead of acting logically.

If interest rates are 0%, what do you want to do with your fiat any way?  Lend it to governments?  Of course not.  You don't want to buy at the top, sure, but we are talking about fiat, backed by nothing, paying 0%, for chrissakes!

Buy some Canadian dollars, buy some Canadian mining stocks, but just realize that while rates are 0% money is unlikely to come flooding out of the stock market.  Instead it will flood into tangible goods, and equities.   Companies that can pass on their costs will do better, IMO.

Fri, 07/01/2011 - 15:49 | 1419946 The Alarmist
The Alarmist's picture

It's Recovery Summer ... can't see the forest for all the green shoots coming up around us.

Fri, 07/01/2011 - 15:49 | 1419947 Black Forest
Black Forest's picture

Monthly changes are pure statistical noise. Chin up, United Americans.

Fri, 07/01/2011 - 15:45 | 1419948 Black Forest
Black Forest's picture

Monthly changes are pure statistical noise. Chin up, United Americans.

Fri, 07/01/2011 - 15:58 | 1420002 Troublehoff
Troublehoff's picture

I do not work in finance and have little insight into the technicalities of trading but I will say it again:


This is a crack up boom - do not short stocks - buy PM's and wait it out.


Like most people, I know in my heart, that the west is unsustainable and only printing will fill the gaps, and with our asinine politicians I know that print we will.

Fri, 07/01/2011 - 16:11 | 1420035 hambone
hambone's picture

Winning post o' the day.

Fri, 07/01/2011 - 16:11 | 1420038 Troublehoff
Troublehoff's picture

btw - at the risk of sounding incredibly ill informed and possibly downright stupid, wtf is the y coordinate on this graph?

Fri, 07/01/2011 - 16:09 | 1420050 hambone
hambone's picture

x = Keynes, y = Hayek

Fri, 07/01/2011 - 16:59 | 1420189 Brindle702
Brindle702's picture

... percent change ... red = percent increase, blue = percent decrease

Fri, 07/01/2011 - 17:01 | 1420204 Brindle702
Brindle702's picture

The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing Business Survey Committee.  "The PMI registered 55.3 percent, an increase of 1.8 percentage points from May, indicating expansion in the manufacturing sector for the 23rd consecutive month."

The red bar is at 1.8

(As always, correct me if I'm wrong.) 

Fri, 07/01/2011 - 16:12 | 1420059 snakehead
snakehead's picture

Surging inventories of Blackberries, an astounding increase in the value of Bitcoins in just two weeks, $1B of tungsten disks being shifted from warehouse to storefront, and pipeline jamming of washers/dryers can mean only one thing. Treasury has rolled out the shape shifting algo of all shape shifting algos. Happy days are here again, Dow 36,000 by December.

Fri, 07/01/2011 - 16:23 | 1420084 flacorps
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Back in '08 people were talking about a single global currency, perhaps to be based on the current "special drawing receipts" ... that talk has died down. But if this is the top ... if all sorts of deck chair rearranging has run out of time ... won't TPTB drive people to clamor for this "solution"?

Fri, 07/01/2011 - 16:41 | 1420134 SmoothCoolSmoke
SmoothCoolSmoke's picture

It seems to me that the Debt Ceiling is the next market pump excuse.   The question is: when?  Looks like they bought time with this weeks pump to get past the first week of earnings season.  If earnngs look good, then they'll sit tight.  If not, then que the DC  agreement.

Just a thought.  I've got Dow Aug puts, so I'm hoping for a drop to sell into in the nest 2-3 weeks.


Fri, 07/01/2011 - 16:37 | 1420139 SmoothCoolSmoke
SmoothCoolSmoke's picture

It seems to me that the Debt Ceiling is the next market pump excuse.   The question is: when?  Looks like they bought time with this weeks pump to get past the first week of earnings season.  If earnngs look good, then they'll sit tight.  If not, then que the DC  agreement.

Just a thought.  I've got Dow Aug puts, so I'm hoping for a drop to sell into in the next 2-3 weeks.


Fri, 07/01/2011 - 16:46 | 1420152 Missiondweller
Missiondweller's picture

This seem like complete bullshit. Is this another of those statistics that will be revised in two weeks to show things were much worse?

Fri, 07/01/2011 - 16:52 | 1420165 YesWeKahn
YesWeKahn's picture

I see red! oh that's USA.

Fri, 07/01/2011 - 17:07 | 1420214 knukles
knukles's picture

Ah, who the fuck really gives a shit anymore?
Everybody talks about when the end comes, the bad times, the trials and tribulations.  What is this meandering through the bullshit about getting ready? 
Mommy, are we there, yet?
For Christ sakes, we're there already.
It's not as if the bad time shall befall us.  They have, for which no entity of import or significance has the vaguest of inclinations to address; the corrupt nature, the looting of whole countries.
Yeah, Greece really is gonna be selling islands and everybody says; "Golly gee, glad it's not happening right here in America!"
Where the fuck has our middle class gone?
Where is the reality of the official data series? 
The true concern of those responsible for their constituents well being?
The duplicity of equal application of the rule of laws?
It's here, now, in full bloom, sunshine.
We are living in the great decline and fall of America's dream, dismantled by all who with impunity, can  grab hold of something not theirs with the tacit approval of the state in exchange for a share of the loot.

It doesn't matter anymore.
With integrity, nothing else matters. 
Without integrity, nothing else matters.

It's over. 

Fri, 07/01/2011 - 17:44 | 1420288 hambone
hambone's picture

It's just the end of the beginning?...or is it the beginning of the end?  or Peak Endings?  or Peak falling?  Definitely doesn't feel like Peak splatting?  Peak peeking ahead? 

Nahhh, it's 4th of July, I'm cutting out of work early, going for a long ride, and then heading to the pool with the kids for a bbq (w/ a big G&T in hand).  Happy Birthday lying, cheating, mother of mine.

Fri, 07/01/2011 - 18:14 | 1420338 fuu
fuu's picture

+Jack's broken heart

Fri, 07/01/2011 - 17:14 | 1420237 blindman
blindman's picture

TAJ MAHAL - Everybody Got To Change Sometime (1968)

Fri, 07/01/2011 - 17:49 | 1420295 sasebo
sasebo's picture

What's all this shit? Selling short, buying puts, selling calls, etc. By whom? By those who control the market. Who dat? The greedy assholes with the most money. The house. The bankers who are buying the right to print free money from the guvmunt. The dark pools who are accumulating large sums of rich OPM. And how are these rich getting rich? In dark pools. How many positive trading days a month for GS? Why? The guy with the most paper money controls the markets. Where is all their winnings coming from? The little assholes without much. They're getting reamed. Of course there are exceptions. But, not many. Give any asshole a few hundred billion & see how he does in the market. See if he can control prices. You bet. Just follow the guys with all the paper money? Rots of ruck.    

Fri, 07/01/2011 - 18:01 | 1420313 Everybodys All ...
Everybodys All American's picture

Rigged markets don't just all of a sudden go back to free ... which means the whole system will fail, implode, or whatever metaphor you want.

Fri, 07/01/2011 - 18:52 | 1420386 boricuadigm-shift
boricuadigm-shift's picture

I think they got their signs all the way around!

Fri, 07/01/2011 - 19:06 | 1420422 rosiescenario
rosiescenario's picture

...did this chart get turned upside down?

Fri, 07/01/2011 - 20:24 | 1420541 Space Potato
Space Potato's picture

Dude, that was so funny, then vs. than. way long comment time ago.  


Fri, 07/01/2011 - 20:38 | 1420571 Space Potato
Space Potato's picture

And that was sarasm : off. Grammer and puncuation (and accesories) seperate us from the animals.  Was that sarcasm on or off, I forgot.


Sat, 07/02/2011 - 05:41 | 1421033 turds in the pu...
turds in the punchbowl's picture

’Attention, comrades! We have glorious news for you. We have won the battle for production! Returns now completed of the output of all classes of consumption goods show that the standard of living has risen by no less than 20 per cent over the past year…'


Sat, 07/02/2011 - 18:38 | 1421664 XPolemic
XPolemic's picture

+100 Post of the week.


In Soviet America production increases you!


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