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on that note, silver just dropped 30 cents in 9 minutes on the CONex premarket. 20 cents of that in 1 minute at...wait for it...9:01.
Well that didn't work. Too bad. I'm in the "hoping for $10 silver" camp. Please Blythe, if you're listening to me, give us $10 silver! I will voluteer myself to be your personal slave for at least a day if you do.
well, the whore is trying it again during a low vol lunch blindside. .35 cent bid stuff in 5 minutes. hate that bitch.
BTFD and KBITS (kick blythe in the sacks)
Party like 1929
great clip for the am.....thanks!
So, it might go up, it might go down. It might be sudden, it might be gradual.
Perhaps you should make up one of your minds.
Also, what disclaimer?
Bingo! This post has no substance what so ever, just like a majority of investment forums and discussions. Seen this too often, they present some TA, but then cover both bases. Hello? That is not useful to anyone. Why does ZH post this kind of stuff?
We're supposed to believe there still is a stock market. Its cost many trillions to get equities up about 5% higher than 1999, pathetic, while the illusion is stock are on fire.
This is all nothing but a joke.
they mineaswell be predicting weather on the moon ... who cares?
Patience, it will work out. This is not a 2 week investment for us. Just feel comfortable that you have protection against the inmates.
"But too many hedge fund managers and other traders have been waiting for a big dump to make their year, which means the big dump is suddenly less likely."
A near perfect setup for a short squeeze at the dma 50
lovin' the avatar cdude. Bill is an all time fav of mine.
To these Bankster markets, I say: "aack!" and drop a hairball at their feet.
It's QE vs. a megaphone pattern in the dollar. A classic fundamentals vs. technicals matchup. I have Desperate Ben at -220 in this one.
Crude over $100? Maybe not.
bottom line: those cocksuckers who put this market on meth have no choice but to continue this charade and you know they wont "let the deal go down....no...no!"
we believe the retrace will last for at least 10 trading sessions:
The stock, commodity and currency exchanges have been reduced to gambling dens whereby the more powerful traders with deep pockets move the markets to maximize their own profits at the expense of the remaining not so powerful players. The big boys have enormous money power to move the markets in the direction which results in maximum profits for themselves. They effectively use the media to lure the other players in the market to a position where they would incur maximum loss.
The markets will fall only when the banksters have eliminated all the short positions and only they themselves have positioned themselves to profit when the market fallsORWhen an unexpected world event catches the banksters with their pants down and the softwares they use to rig the markets go berserk beyond their control.
I'm feeling this right here.
As always, these are just the ramblings of an amateur observer, and do not constitute advice nor are they intended as advice--please read the HUGE GIANT BIG FAT DISCLAIMER below for more.
i don't see no stinkin disclaimer.
Disclaimer..., we don't need no stinkin disclaimer.
No one cares about stocks anymore, its a joke.
The market will take a dump when its owners want it to. Prolly just in time to make QE3 politically feasable.
Careful...with all this "evolution" going on, the perfect setup to let this fucker blow off a bit more pressure.
Prefect excuse for the The powers that flee"
The public markets will soon mean nothing. It is and will always be about purchasing power. This will be especially true when black market capital flows are 1000 times that of the public sham markets.
Look, Ma: No Margins!
+100 trillion derivatives, but way too intellectual for the average blogger.
Don't agree with the author. The mechanics of the credit-induced, fractional reserve system on borrowed time goosed by a madman with rioting inmates in charge of polictics guarantees an implosion or nine. Margin compression is the keystone. Traders and hedge funds won't/don't matter these days as the author suggests. 500 trillion of derivatives interlaced throughout the world make the first domino as significant, maybe more so, than the last.
It's not time for the great equity puke yet. That will take a major event at home. That is the only way PTB will be able to justify all the rule changes made on the fly but ready for years in the wings, to make an even smaller sub-set of theirs whole again.
Wash, rinse, reduce. Everything heading into a singularity.
But this week is not it. BDI has not hit three figures yet. Will all that sudden, new floating storage tanker demand keep it up for a bit? Maybe.
But it's weeks now. No going back till the pressure causes a blow-out though.
apparently, some people still have not watched the fuckin cartoon.
Its different this time.
The market is going to rise forever,
at least until it requires a whole wheelbarrow full of stocks
to buy a loaf of bread ....
Maybe -but $100+ oil will keep money flows away from risk assets IMO
Except Apple of course - World War III? Buy AAPL! wtf
NIFTY LATEST ::
My general attitude is that technicals levels are being set by the Fed and they know a correction is needed. Preferably they would like to see 13-14K before a correction to protect the ownership on the downside. Once that is met, it is off to the races again. Speed bumps on the way are world events and the treasury cap. If needed, they will use a +10% correction to make their point with the polititians to raise the ceiling. If that does not work, some of the holdouts will get personalized manila folders on the benefits of Obama's Patriot Act extension. That ought a do the trick.....
Equities are pathetic, up an adjusted 5% or so since 1999, and its cost the taxpayer many trillions just to do that. Forget equities, stocks are dead.
Anybody got tips on how to interprete heavily manipulated charts?
Print them out, light them on fire and then piss on it - usually gives me a good reading
go all in on the bearded bastard and then go do something productive with your life.
that is all
Megaphone....nope < is what a megaphone looks like
does anyone besides myse3lf plot out the s and p using speed lines. I don't know I find it rather easy using this. Am I alone?
it makes todays low a temp low, of course nobody knows, but worth shot by this
I don't buy it!
The corpse is rotting. And no ammount of makeup will make it look good for much longer. We are going dooooooooooooown!
the only bears left are doing cartoons about silver.. who has shorts in this market?
Thanks for that article, Charles.
Yes, the reaction is always the clue to the strength of the initial move.
And tops and bottoms are a process.
I takes time to change the mindset of the people in the markets.
Did you see this to confirm your theories?
Do you know from right here on zero hedge that quite simply there are not many sellers left. When everyone jumps in to sell that is not the time the markets plunge. Just the opposite. That is what has been keeping them up. Now with no sellers left after innumerable short squeezes we should see a nice sustained fall just about the time the retailers head to the ramp to load up the truck. I shorted last night's NASDAQ and have booked 27 points. The HFT bulls of course will be buying all the way down so that we should have a real nice fall. This is what happens when you try to ward off true corrections and stall the inevitable. I am not saying this is going to plunge but we are certainly going to do what Tom D. says and perhps more.
WFTR? I thought it was BTFD?
Please, for fuck's sakes, stop posting shit from Charles Hugh Smith.
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