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First Sticksave Attempt Of The Day: Renewed Speculation Of Goldman-SEC Settlement
This is, of course, total BS. But the market is scrambling for any short-term upside catalysts. So here is the first stick-save attempt of the day. In keeping with the rumormill, the second one will likely be that Radioshack has decided to LBO the S&P 500. Lastly, if market hits -3% by EOD, we anticipate QE 2.0 rumors to be rampant into the weekend.
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Something might be brewing in EUR/USD almost broke lower just now before being shot higher by 40+ pips.
Sorry for the poor quailty pb compressed it big time
http://s873.photobucket.com/albums/ab298/johnlaw1/?action=view¤t=e...
Who cares what ZH "expects"? You expected 700k jobs and were woefully wrong. You expect Gold to go up $5,000. LMFAO!! Does that have anything to do with the Gold advertisers littering your website? $900 billion of USD currency is existence Bitches. That's it. Everything else is credit.
Umm, Jory the ads you see change depending on where YOU have been on the internet. And if you took ZH's 700k number seriously then I am unclear how you can even pass the captcha question.
too funny, looks like his cookies busted him out. LMFAO
Is that why I keep seeing ads for Ashley Madison? Oops!
:-)
Actually, we tweeted that our NFP expectation was +/- 100 million. We were wrong.
As for how Google adsense works, i am sure you can find all you need to know about contextual advertising elsewhere.
LOL
Tyler, what happened to the links to other sites that uses to be in the left sidebar?
We have had to take down some of the server-intensive modules (blogroll, RanSquawk, Fly) until we move to a new server setup which can handle the new baseline traffic. We hope to be able to finalize this shortly.
Bandwidth is coming.
YES
Just made my monthly donation, and encourage others to do the same. Thanks for everything TD and ZH.
done.. anything for more BW during those 1000 pt drops :)
+ "1 million dollars"...uh...I mean I "we will hold the Euro ransom for 100 Billion dollars"
i wanted to tell u personally thanks so much this site man....
Ditto.
at the risk wasting yet another precious piece of bandwidth, thanks for your explantion...
Jory - did some gold dealer touch you in the wrong places when you were a child? So much bitterness - and so little logic on your part.
Let's all touch Jory in the wrong places. I call dibs on the empty space between Jory's ears. :>)
LMAO!
jory, have you recently emerged from a Rip Van Winkle experience?
Yeah Jory is right!!
Bring back the Cougars!
Given that even the mainstream press now thanks ZH for market news (see below), you'll probably have a hit squid [sic] at your door if you keep publishing things like that.
Whatever you do though, do keep it up.
http://blogs.telegraph.co.uk/finance/edmundconway/100006007/britain-risks-default-unless-government-cuts-public-sector-pensions/
EURO DOG:
http://williambanzai7.blogspot.com/2010/06/ugly-dogs.html
Next one will be high on the glove side......no chance. Bad angle...and out of position. The real hard work is always down low.
Hey if the GS rumor doesn't work, we can go back to the old stand-bys, like Greece getting bailed out, or Abu Dhabi stepping up again for Dubai. Then we can change accounting standards again, and re-publish the Stress Test results in paperback form. Something will stick eventually. Maybe the SEC can announce a "no short sale rule" on 5000 names in the Wilshire 5000.
Something will stick eventually.
Perhaps - today. Perhaps.
But eventually, one day, they will pull out all the stops and it won't work.
Something tells me today isn't that day, though.
And who really cares if they settle? We all know it's a sham anyway.
With all the geopolicital crap going on and the absolutely disastrous jobs report i suspect end of the day might be brutal...or even lunch time as the few investors left say fuck it and head to the bar at lunch to get hammered. No sense holding anything over the weekend with things the way they are.
I am pissed, and will come back tonight to "Man Up" and look deeper into this jobs report.
Don't forget to include "buy the dips" in your next analysis..
However, you should continue to advocate Chinese solars. At least you have a compelling point for this train of thought.
On the other hand - your arguments to go bullish in this market - um.. not so good.
Don't bother. You're not going to find anything rosie... ya might as well post pics of naked chicks.
Umm, it wasn't anywhere near what I expected, but I wouldn't call it a total disaster either. Like I said, will come back tonight with some thoughts on what is going on.
The problem with bargaining with yourself is that you always lose.
Dude, you're not pissed. You're not long. You're here to give a contrarian opinion to stick out. Complete bullshit.
Harry, did I just hear you say............?
A new convert. What a turn around. 180 degrees. Another success story.
I "junked" him for old times sake. I hardly recognize ye anymore.
"jobs report"
Herr Goebbels would be proud.
Leo, why not drink and take pills all day instead of working on that analysis?
All you need to know is that there is no dramatic resurgence of demand on any level, and no reason to hire. This is reality. A double dip is coming. Plan for it. All else is CNBC cheerleading.
You do not need to humiliate yourself! Anyone remember the belly aching we heard when the market kept melting up. "It should not be able to do that based on... whatever." It did since March. 99% of "us" were wrong since March. So this time you were wrong, your integrity IMO is intact.
(Keep posting about hockey)
IMO
Don't get upset about it mate, it is what it is. Even if it was not "presented" to us as it "is" in reality, most of us "know" how it is, and it's ugly.
Like I said, I've put out an advertisement for "a" job recently, basic assistant's position, $25-$30k per annum. 400+ applications, MBA's and all. THIS is reality. THIS economy is in the toilet. There is no sugar coating this fact.
Fridays and Mondays, in my industry, are so dead, right now you can hear crickets. It was busy as all get up in 2007. This is the real deal, Depression 2.0. Won't stop me from hustling every day, but it is real.
SocGen Said to Tell Analysts That There Was No Derivatives Loss
Nothing to see here, move along, no comment....
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8mYLohYXjUA&pos=3The PPT in FULL EFFECT! Show 'em what time it is! Yeahhhhh boyyyyy!
/sarcasm off... for those fuckheads that don't get it.
Right but how much digital money has been spent supporting this market not just above 10,000 but defending 10,000 and the run up to 10,000. I cannot wait for the book 10 years from now written by a Fed trader and everything that transpired. Remember they hired 160 new traders by end of 2009. So my question is...can they ever run out of money to fix prices?
http://www.vault.com/wps/portal/usa/companies/company-profile?companyId=6574&WCM_GLOBAL_CONTEXT=/wps/wcm/connect/Vault_Content_Library/companies+site/companies/parent_federal+reserve+bank+of+new+york/federal+reserve+bank+of+new+york_0/federal+reserve+bank+of+new+york_0
John I think you are being optimistic. What is to come has a high probability of becoming an oral legend.
Captain Walker!
http://www.youtube.com/watch?v=CVK4iCHJ2gQ
It's all one big video game, where Bennie and his crew are the programmers behind the green curtain modifying code on the fly. This will never stop until we RISE UP BITCHES!!!!!
fwiw -ben just said that the GS pits clerk is sitting down with the newspaper open. there is nothing going on today. 90 in NYC. time to take off early IMO
Think tank report of China buying Euro Assets (Ransquawk). 2nd "stick save attempt". Next time the Market Decline goalie will throw his stick and other equipment if things get really hairy.
LOL, try as they might the f*ckers can't get gold below 1,200. If gold is in a bubble then it's a three foot thick steel/titanium and diamond encrusted super orb.
But they sure can get GLD under $120. Very curious indeed.
The oil disaster in the Gulf is far worse than you think, thanks to a BP and US government cover-up.
BP, Coast Guard withheld video showing massive scope of oil spillhttp://rawstory.com/rs/2010/0604/bp-feds-videos-showed-magnitude-spill-s...
Will the fucking prick on the spoos bid please fuck off.
Thanks.
This is BS
Admiral Thad Allen said Friday that the cap placed over the leaking well was only collecting oil at a rate of 42,000 gallons a day. Recent estimates put the leak's flow at 500,000 to a million gallons a day.
That figure may have increased by 20 percent after the pipe at the top of the blowout preventer was cut off during BP's latest attempt to staunch the flow.
"If the cap doesn't work, we're going to have three times the amount of oil in the Gulf of Mexico," conservationist Rick Steiner told MSNBC's Keith Olbermann Thursday.
As much as 46 million gallons have already leaked into the Gulf. If the "cut and cap" operation fails there could be more than 138 million gallons of oil spilled before a relief well is finished in August.
http://rawstory.com/rs/2010/0604/expert-3-times-amount-oil-cap-work/
The slide just kicked in folks. Let us see what new bureaucratic announcement will occur this afternoon around 3ish (gotta give a reason for a market pump).
EUR about to crack 1.20...
Another Leak?
http://blog.skytruth.org/2010/06/possible-leak-from-platform-23051.html
EUR CRACKS 1.20...GOLD rocketing...
So Gordon, are you a a physical gold advocate or is
SSGOL and PHYS worth having?
Freaking Goldman trading up. So annoying!!!