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Disney Releases Earnings Early, Misses, Stuns RoboChurners, Sends Market Lower
Millions of robots are jarred out of their somnolent churn as Disney not only reports earnings half an hour early (was supposed to be after the close), but misses on both top and the bottom line. This is yet another demonstration that in a market priced to perfection, the smallest deviation from the equilibrium can bust everything. DIS now down 5%, and has sent the entire market lower. At this point the market is really testing the POMO resolve over the next 20 days. After all there is only so much garbage the Fed-Citadel complex can buy.
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Who'd a thunk it? Stay-cations it is, but we won't be watching our fifth copy of Little Mermaid now on blue-ray. :(
Tinkerell is where it is at!
Mickey is asked by the divirce court judge" You're filing for divorce because Minnie is crazy?"
" No I said she was fucking Goofy"
Why do earnings matter when there's QEII? Can't the FED send Disney shares to infinity with the stroke of a keyboard?
This is what ive been asking. Why are there charts and earnings when everything in the market is a digital illusion?
Because the illusion is neccesary. If the people understood what the real goal of QE2 is vs. the stated goal of QE2 (and not just QE2, ALL of the stimulus spending is in the same boat) there would be riots in the street and some real tough questions that suddenly are coming from more than the 1% of the US population actually paying attention.
Same as any other con - If the mark finds out they're being taken for a ride suddenly it's alot harder to extract money from them than if they think they're part of a grand adventure to make their fortune!
Right, and TPTB only have power still because people still accept their "money." If they just outright showed they could take Disney to the stars, it would be game over for them as well as us.
Love it! If the market accelerates to the downside (which it should if only because of CSCO implications and the USD rise), hopefully all those smartasses who bought earlier trying to frontrun tomorrow's POMO will scramble to sell into the close exacerbating the sell-off.
YEA! Thats what Im talkin about, put some fear into the POMO Hindu cow traders.
ANYONE KNOW WHAT IS GOING ON IN MUNI LAND
PCQ MUB- Cali going under???
Karl was discussing today:
http://market-ticker.org/akcs-www?post=171953
THANKS, but that is alot of volume... something is going on... going to go call a muni desk...
If you get some info please pass on ...
" either you're getting the buy of the century on this fund or you're fixing to get utterly trashed in the coming months"
fjugly....thx for the heads up
Sheepdog,
Do you have a problem against Hindus? Take your racist shit to the side mother fucker. Tell your cunt mother she should have raised you better.
hhmmpphh....best laid plans of mice and men...
7 minutes from tape to post? impressive
Mickey Mouse not handling the new CFO position well
Sorry, but hilarious!
http://www.google.com/imgres?imgurl=http://images.sodahead.com/polls/000...
Damn daylight savings time fallback! That always confuses me.
So it begins, reality is starting to hit earnings numbers. Bring it Ben.
Relax the futures will rise overnight, as usual, and today weakness will be erased. Thanks to the magic futures.
POMO starts tomorrow.
Where the fuck is Evil Micky Mouse??
Abu Ghraib
"After all there is only so much garbage the Fed-Citadel complex can buy..." until tomorrow, when Citadel's credit line goes up by a few billion.
F - U - C
K - E - D
A - G - A - I - N
As for POMO limits, surely they've got yet another way to apply more leverage as needed?
Scary how much your spelling reminded me of this:
http://www.youtube.com/watch?v=3rK6BjJaAjY
I was very young ;)
Did Disney decide to release their results early so the markets fall and Ben decides to buy everyone in the US a 3 day pass to their choice of Disneyland or Disneyworld?
Sorry, the market is too excited about tomorrow to care, apparently.
It's going to be all POMO and no show
Don't think smart traders will sell all to PD and stay in cash for a year
Web Bot
halfpasthuman.com.
= Crap'ola
Sorry update they need a few more days.
I guess the parents aren't getting Disney products for Christmas this year?
Bue-Ray Burn-Out?
Pixar played out?
Coat of Many Colored Cadmium Coatings on Donald and Mickey?
Where is RoboTrader the bunch of charts showing us that this event is merely a prelude to Silver at 5?
Disney's been headed south for years... Cronyism Kills!
Their absolute CULT like culture allows them to prop us illusions of incredible proportions!
Look out below!
Robo and Harry coughin up blood.
I wouldn't be so quick to make that statement. Have you been to the toy section of {name your favorite store} lately? It looks to be about 50% Toy Story 3, from dolls to games to anything else you can think of...and at least half of the remaining 50% is also Disney related...Iron Man, Tinkerbell, Disney Princess, etc. etc. I predict Disney (and Mattel) will have a Merry Fucking Christmas after all.
Amen. Their product is everywhere (not just toy stores) and I guess people will have to buy it if they want the Kiddies to be pacified...
.
How could Barry let this happen. ABC is Barry's pump station
The market yawns and creeps higher into the close as everyone with a brain front-runs the impending $41B POMO.
Yep, CSCO down 16%, DIS down 4% and the Dow only down 70. In any other time of the history of the stock market, this would have been a bloodbath day. But, thank god for POMO!
Begining to feel like a cant lose market.
Sentiment indicators through the roof.
Can POMO really push us even higher?
I'll just go buy the PM dips lol.
Yeah, very interesting that CSCO is down 16% on the day, but somehow INTC, another Dow component, finished the day higher.
Also funny that Oil was flat today but the oil majors were leading the Dow.
+1
Look at the greedy buyers rush in to buy every dip. Stock index futures will rise overnight, to erase this small dip. Soon as the cash market closes at 3:00pm cst, they will start pusing it up.
Not to worry, there's Kim Kardashian Debit MasterCards now... Disney will be rolling in dough in no time.
http://finance.yahoo.com/banking-budgeting/article/111283/kardashian-pre...
Meanwhile, JNPR was "defended" all day.
And, of course, anyone without an outsized position in BIDU will be summarily fired come December 31.
DONT BUY GOLD! Please, please, don't...or it will go to 1650 and Jim Siclair will be proven right!!, am terrified!!!!!!!!!!!!!!!!!!!!
Get a new avatar.
Anyone catch the meltdown in California Muni's today?
Robo a quick chart of CROX .... Lol'
swaps backfire...
http://www.bloomberg.com/news/2010-11-10/wall-street-collects-4-billion-from-taxpayers-as-swaps-backfire.html
gack
DON'T panic and Buy gold, there's still hope, Benamke was only kidding about QE2, can't you people recognize a joke when you see one?
He's just trying to scare people into thinking he will destroy the dollar so they will spend the ones they have and so boost the economy!
Gold will then surely go back to 200...OK not 200 maybe 300? will anybody believe 400?
Wow, Nice chart.
What are all the people who were told they would make money investing in California Muni's going to do?
I guess they can always feel better knowing that they hold a nice physical position in PMs...
Oh wait... Do people who gamble err.. Invest in Cali Muni's have an awareness of the benefits of Physical PM?
Time will tell.
Arnie the terminator just had a bad fucking day.
Munis or moonies is a cult of people who live in california.
Can I have a prize now.
A better question is why would anyone be buying them?
Serious question here: Why would the PD's take their money (POMO is nothing more than a reimbursement for the PD's using their money to buy treasuries) and buy stocks in a deteriorating economy. Anyone else think QE2 talk was a smokescreen to get the PD's out the back door and to get all funds "all in"?
Why would the PD's take their money and buy stocks in a deteriorating economy.
Because they are all "smart" enough to be the first guys out the door....like they were in Sept '08
Woe... wait, that not a graph of the US economy ?
Robos: "Hey Disney! How can we paint the tape unless we algo your stock at the right time?!"
Early earnings release? What up wit dat?!
"Help me help you!"
"Help me help you!"
"Help me help you!"
WTF???
RT
Show us the coffee with sugar and cotton linen. Crushed
Nothing shows the "new austerity" like ugly plastic shoes.
Plus you lose your mancard if you are caught with those things on.
For shame, Brett Farve, for shame!
Please, the ultimate douche, gave new meaning to the word "croc shot".
Hey I made a FORTUNE on Crox...by selling my Kona estate to one of it's founders - LOL
Crocks are cheap and come in lots of bright colors. Ever seen a big display of them? Looks like a bag of skittles got inflated and popped. They are the perfect American Consumer purchase: All Presentation, No Content.
Combine these two attributes with broke, nervous women who NEED to buy things in order to re-enforce their self efficacy on a daily basis and you get an increase in foam rubber clog sales. "They are sooo cheap... And LOOK at ALL the colors.. I feel better already"
I am a certified idiot (no comments needed) and I can see why this stock would go up in today's world.
http://mises.org/daily/4841
Time ...
http://www.time.com/time/covers/0,16641,20050613,00.html
Ooooo, I want to more about Iran's twentysomethings.
:-)
Mee Tooo!
I want to know more about naked female Iranian twentysomethings...
Im not a dumb fuck, But i play one on TV, But can someone please explain why Disney is up 64 cents AH? Earnings? We dont need no stinking earnings, Just the Fed and a keyboard. Like Tyler always says.. Good luck trading
http://www.marketwatch.com/investing/stock/DIS
ShitNBC is spinning how even though they missed in every category, they're up over last year and hopeful of the holiday.
Typical bullshit. Likely Pomo front runners lining up.
Hard to see Pomo give the market green with csco crashes and dis misses.
Last quarter (FQ3) was a $.09 beat, mainly on early recognition of deferred revenues at ESPN...guess where the "early" came from...FQ4. This was baked into estimates, but obviously not enough, and any hiccup in cable networks (mainly ESPN) scares the street, because this has been the profit growth driver for a number of years.
I think the quick sell off was a knee-jerk reaction to the miss (and unexpected early release). Headlines from the conference call regarding FY11 look mainly positive.
Holiday season. Given certain socio-economic trends, parents are not going to short their kids (at least for this holiday season - once the popcorn runs out we will see). But I think the low-end retailers like Target and Walmart will do well. I'm telling the kidlings already that they are going to receive coins:
http://www.youtube.com/watch?v=oMlqn_Hjyi8
PPT already on the job after hours propping up DIsney! That's my boyss!!! Viva Jamie
edited
Wabbits R Us
elmer fudd
investment group ...
got carrots
My Robochurner was stunned all evening. It could barely speak at supper. When dinner rolled around, still nothing. Time for a trip to Disneyland!
The Chinese will be burning Mickey in effigy by Spring 2011.
Disclosure: short
I bought some Hannah Montana toothpaste last week. It's sweet.
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