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Stat Arb: RIP. Total and utter chaos.
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Is this what it looks like when the wheels come off?
Just askin'
Yes, and what civilizational decline looks like.
mikla,
Brilliant!
DavidC
Nope, just a little taste!
And such a fine taste it is. I'm up to my eyebrows in fiat and it's sooooo fine.
So is this the left front or right rear that's wobbling like crazy?
CD,
An automobile recommendation for you, if I may be so bold - http://en.wikipedia.org/wiki/Fiat_Zero
I'll take it. Those wheels look like fine fiat to me. :>)
Good heavens!
Looks like an EMP blew off and fried Lib33's motherboards.
So did the whole HFT fad come and go already? That was faster than Tab soda.
...or Pepsi Clear
New Coke.
Rondo
Coke II
Pepsi Blue!
Brawndo (It's got what plants crave!)
I really liked Pepsi clear :(
Sorry for the incompetence - but what does this all mean/indicate? What are the relation between these charts, and why are they important? Enlightenment please - rahmen!
I think it's saying yield curve is crunched and fx moves are not quite in line with Spu's. At the very least, the curve should be static and fx in line with S&P.
Stat arb assumes certain price deviations (minimal) are to be expected, but they eventually fall back in line - this is where the arb is to be made. However, be caught on the wrong side of the trade for too long, and youre fucked in the ass.
Google 'mean reversion' and there should be plenty.
Hi. I'm an investor that's been sitting on the sidelines for the past 2 years. Is today a good day for me to step in and buy up some JNK and SPG?
stick with apple
YES! In fact, because you are such a swell fella, you can buy MINE! What? Yes, yes I'll miss out on the gains.. poor me.
Bernanke must be high-fiving as we speak.
His "words" successfully:
1) Skied the S & P 500 to new highs for the move
2) Bonds enjoying one of the biggest up days in a month
3) Oil prices continue to collapse, providing the ultimate tax break for consumers.
4) Absolutely no consequences whatsoever by allowing the U.S. Peso to collapse to new lows.
It's pretty much all good.
Im looking at a red spy and I dont mean Natasha
Utopia!!
Be careful and be humble Robo. As you said in your previous post.. Wall St. gets what Wall St. wants. They DID NOT get what they wanted today, they only got a promise.
Are you kidding? They had to sedate Bernanke when he saw the DXY. Someone hinted he may have wet his trousers.
And 2 more POMOs tomorrow and then Thurs........or is it Friday to close out the week.
Wall St is getting exactly what it wants. Just because QE was not made completely offical is just another aspect of the spin strategy to manipulate public perception.
Nice pr trick with the OIL selling off.
That's serious high stakes game of chicken going on there.
The outlook for the survivors of this smackdown doesn't look too shiny either.
We sure ain't in Kansas anymore
I'm guessing at CNBC you'll be hearing:
-"Great housing numbers this morning!"
-"Fed continues to do a great job in getting this country back on its feet"
-And of course Art Cashin whose Autumnal Equinox says today "S & P to 1200"
Gotta love it.
EDIT: Funny how some people don't get sarcasm around here.
Guess Cramer's idea to buy plus 75 wasn't so hot
Did they run the disclaimer after he talked?
times 14.2.84 miniplenty malquoted chocolate rectify
Today was what is commonly refered ro as a clusterfuck. Yes, Ben will print, yes they will do whatever they think they can to save the system that enriches them and robs us.
Gold. Check.
Silver. Check.
Paper dollars. Go fuck yourself.
This looks like a full on blow off top! ES hit the top of the trend line on yet another rising wedge. This could fall apart real fast if the Banana boys can't keep this up. There's a 16 point gap fill down at 1044 that sure would love to be satisfied...
Im not a technician, but i hear from quite a few people that 1155 is the make it or break it point. Will be interesting if theres a sudden ramp to that level and then stagnant...
Chart: ZN
The ten-year gives Ben Shalom the finger as prices pop out of the Cup with Handle.
http://99ercharts.blogspot.com/2010/09/zn_21.html
So when do S&P futures catch up?
http://99ercharts.blogspot.com/2010/09/es_5471.html
Makes me dizzy looking at that chart.
8?