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JPM To Save The Day

Tyler Durden's picture




 

When the market seems like it is about to roll over, who you gonna call? Why future Treasury Secretary Jamie Dimon of course... Courtesy of IOIA, we now know whose ETF desk has a sole purpose in life to hit the Chairchopper's Russell 2000 target of 36,000 before June, when it all goes to hell.

 

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Thu, 01/27/2011 - 13:31 | 909689 Alcoholic Nativ...
Alcoholic Native American's picture

3 cheers for the house of Morgan!

Thu, 01/27/2011 - 13:42 | 909736 iota
iota's picture

Boo! Hiss! Die!

Will that do?

:D

Thu, 01/27/2011 - 13:46 | 909759 Alcoholic Nativ...
Alcoholic Native American's picture

eh, close enough.

Thu, 01/27/2011 - 14:08 | 909847 unwashedmass
unwashedmass's picture

 

cap'n, cap'n, i kin only hold 'er so long....she's gonna blow....

Thu, 01/27/2011 - 16:16 | 910366 hedgeless_horseman
hedgeless_horseman's picture

All your offers are belong to us.

Thu, 01/27/2011 - 13:32 | 909691 Cognitive Dissonance
Cognitive Dissonance's picture

Does Underdog wear Under Armour? I hope Underdog at least bought the stock.

http://finance.yahoo.com/q?s=UA&ql=0

http://en.wikipedia.org/wiki/Underdog_(TV_series)

Thu, 01/27/2011 - 13:41 | 909731 firstdivision
firstdivision's picture

You're going to cause RoboTrader to blush with this comment.

Thu, 01/27/2011 - 13:47 | 909760 Cognitive Dissonance
Cognitive Dissonance's picture

To be perfectly honest I didn't think that was possible.

Thu, 01/27/2011 - 15:04 | 910077 TruthInSunshine
TruthInSunshine's picture

Americans want to know what to do.

Do they buy equities, many of which have had anywhere from 300% to 5600% returns since 2008, and many of which can't even be valued due to gross distortions and a massive bubble (that makes the dot.com look mild in many ways)?

They are waiting for further instructions from the benevolent and well-meaning guidance of The Goldman Sachs.

Thu, 01/27/2011 - 13:32 | 909692 The Axe
The Axe's picture

Its over---they have much bigger dicks... The market can only go up...

Thu, 01/27/2011 - 13:44 | 909746 JW n FL
JW n FL's picture

goldman as been the shield for JP...

JP Morgan is a $800 Trillion http://www.youtube.com/watch?v=GNFb6qe7Tmg monster... some say multiply that by 4 and some say by 10... just depends on who and who knows what.

Goldman could be bought and burned down by JP with the spare change found in Dimons couch, that is in his 5th house that he forgot that he owns.

Thu, 01/27/2011 - 14:00 | 909808 EscapeKey
EscapeKey's picture

JPM = FRB.

Thu, 01/27/2011 - 14:27 | 909929 Rahm
Rahm's picture

+100,000,000,000,000

Thu, 01/27/2011 - 13:34 | 909693 TruthInSunshine
TruthInSunshine's picture

1 million in 40 minutes.

60% of that in less than two minutes.

 

The market is rigged - any questions?

Thu, 01/27/2011 - 13:34 | 909697 slewie the pi-rat
slewie the pi-rat's picture

1907 redux

Thu, 01/27/2011 - 13:34 | 909699 Instant Karma
Instant Karma's picture

As long as its gamable.

Thu, 01/27/2011 - 13:35 | 909704 SheepDog-One
SheepDog-One's picture

Still not even holding 12,000 on the DOW, big deal. Also just loving the utter hypocrisy of the gold sourpusses who have proclaimed 'its OVER', as gold sits at $1,330, while only a few months ago it was considered insane to think gold would be over $1,000. So keep BTFD on worthless paper junk that everyone knows will someday suddenly plunge and trust that youre the quickest draw in town.

Thu, 01/27/2011 - 13:50 | 909744 DosZap
DosZap's picture

Sheep,

I think JW has it all down pat.

Get ready to buy at 1175/1200 one last time,before your paper turns to shite.

http://www.24hgold.com/english/news-gold-silver-china-plays-europe-card.aspx?article=3319174422G10020&redirect=false&contributor=Jim+Willie+CB

Also from Jim Richards.............

Salient info for those who have not read it.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/1/25_Richard_Russell_-_Get_Out_of_Your_Dollar_Assets_Now%21.html

Thu, 01/27/2011 - 13:55 | 909774 JW n FL
JW n FL's picture

buy the dip guys... (dont junk me, read on) I have heard 1,100.. now whether that is whatever to whatever? in the 1,100's.. thats some real good free advice guys...

make some money, buy some stuff you really need and then get your helmets out and put ypour helmets on cause it aint gonna be pretty... unless QE 2(c) starts or are we @ (d) or (e) now?

Tyler can I get a real number of luquidity injections from 2007 forward? inclusive of the name change ones..

super duper free banker money bonus round number 12, or whatever.

 

Please buy extra for those dumbasses you Love that dont have a clue.. lets not make this about we are smart and they are stupid and should suffer.. we are not animals, if you are smart enough to think ahead.. be nice enough to add for someone other than yourself.. include ammo to that as well.

Thu, 01/27/2011 - 13:57 | 909794 JW n FL
JW n FL's picture

I should have said my buys are in 1,100.. unless it flattens out on the way down. But buying on the way down is not a bad thing, never was.. as long as it is close to the bottom.

Thu, 01/27/2011 - 14:21 | 909901 JonNadler
JonNadler's picture

don't buy gold JW, you will lose all your money

Thu, 01/27/2011 - 15:38 | 910215 JonNadler
JonNadler's picture

don't buy gold JW, you will lose all your money

Thu, 01/27/2011 - 15:55 | 910283 JW n FL
JW n FL's picture

i am in @ 6 and 9... same as I ever was... and at 1200.. 1300... I am in again...

so you can watch the nieghbor fuck your wife you limp dick old fuck.

Thu, 01/27/2011 - 17:05 | 910583 JonNadler
JonNadler's picture

am single JW. Why all the hostility, it's just one troll to another here, old Jon just trying to help you out here baby

 

Thu, 01/27/2011 - 17:16 | 910643 JW n FL
JW n FL's picture

my bad bro... I am newly single and the adjustment is not suiting me.. its not you, it is me.

Thu, 01/27/2011 - 13:49 | 909767 Max Hunter
Max Hunter's picture

So keep BTFD on worthless paper junk that everyone knows will someday suddenly plunge and trust that youre the quickest draw in town.

Well said... spot on.. You can be sure the big dogs will be out when the retail investors get a pounding.

I would be scared to leave any trade open over-night..

When this shit hits, it will be without warning, and during euphoric outlooks of the future..

Thu, 01/27/2011 - 13:53 | 909779 JW n FL
JW n FL's picture

BTFD, sell the top... and buy more gold, guns and food..

Thu, 01/27/2011 - 14:34 | 909957 earnyermoney
earnyermoney's picture

What I do not understand is the constant whinning about price suppression. It's a gift if you ask me. I'll keep buying and thankful that anyone will give me a hard asset for a worthless piece of paper.

Thu, 01/27/2011 - 15:01 | 910066 treemagnet
treemagnet's picture

whoever junked you is a cowardly dreamer

Thu, 01/27/2011 - 13:35 | 909705 FLUSA.com
FLUSA.com's picture

skinny finger at 11:35

Thu, 01/27/2011 - 16:08 | 910327 FatFingered
FatFingered's picture

Skinny, indeed.

8(

 

Thu, 01/27/2011 - 13:44 | 909743 Cognitive Dissonance
Cognitive Dissonance's picture

The resemblance is remarkable.

 

Sweet Polly Purebred.

 

Blythe "PureBred" Masters

Clearly they were separated at birth.

 

Thu, 01/27/2011 - 13:45 | 909749 whatz that smell
whatz that smell's picture

pure polly hot pocket!

Thu, 01/27/2011 - 13:58 | 909798 Blano
Blano's picture

Banks are critical players in the global warming fight???  Holy shit I thought I'd heard it all.  She should be bitched slapped just for all the stupidity just in that one comment.

Thu, 01/27/2011 - 14:04 | 909830 Commander Cody
Commander Cody's picture

More like "Carbon Swindlers".  Any f'n way to make a buck!

Thu, 01/27/2011 - 15:47 | 910255 Xibalba
Xibalba's picture

She'd dismiss you as 'simplistic'

Thu, 01/27/2011 - 16:16 | 910344 FatFingered
FatFingered's picture

Be careful, Blano.  She could scare you shitless.

Fri, 01/28/2011 - 04:36 | 912248 Hephasteus
Hephasteus's picture

Fuck your carbon bitch.

Fuck your silver bitch.

Fuck your gold bitch.

Fuck your entire damn periodic table.

Thu, 01/27/2011 - 13:38 | 909721 nmewn
nmewn's picture

When my bonus is in trouble, I am not slow, it's hip hip hip and away I go!

Thu, 01/27/2011 - 13:42 | 909722 plocequ1
plocequ1's picture

Simon Bar Sinister says buy NFLX

Thu, 01/27/2011 - 13:39 | 909724 irishlink
irishlink's picture

If one had bought Netflix when the guys on ZH first started dissing it; one would have made ALOT of money! Have not heard a word in over a week. Time to short? Anyone? Up big time today!

Thu, 01/27/2011 - 13:43 | 909741 firstdivision
firstdivision's picture

Short at 200.

Thu, 01/27/2011 - 13:49 | 909766 Clockwork Orange
Clockwork Orange's picture

Tips nicely when P/E stretches to mid-70s ... I'd wait a bit longer.  More shorts to fry first.  NFLX is toast as so on as Google or another big player competitor joins the game.  Nobody gets to keep a 75 P/E all to themselves for long.  Bank on it.

Thu, 01/27/2011 - 13:52 | 909777 Max Hunter
Max Hunter's picture

Zackly!!  You can bet your sweet ass there is someone right now looking to invest big in a piece of that market...   I remember when Blockbuster was the ONLY place to get videos.. pretty much..

Thu, 01/27/2011 - 13:49 | 909769 Timmay
Timmay's picture

True Dat.

Thu, 01/27/2011 - 13:57 | 909796 Waterfallsparkles
Waterfallsparkles's picture

If you do it has to be 4 days after earnings.  Price usually flatlines or goes up after good earnings.  It takes at least 3 days for everyone to sell into the Mo Mo.

Thu, 01/27/2011 - 13:41 | 909729 Waterfallsparkles
Waterfallsparkles's picture

Even Bernanke Gleemed when he told Steve Liesman of CNBC that the Russel 2000 was up.  I wonder if Bernanke spends his whole day watching the Stock Market.  I also wonder where Bernanke's money is invested.  Is he doing this to pump the Stocks in his own portfolio?

Thu, 01/27/2011 - 15:53 | 910277 OpenEyes
OpenEyes's picture

the Bernank doesn't invest, he prints!

Thu, 01/27/2011 - 13:48 | 909735 whatz that smell
whatz that smell's picture

invasion of the bloomborgs: "selling is futile; all your junk is belong to us; you will be assimilated."

 

Thu, 01/27/2011 - 13:42 | 909738 egm@rawfoods.com
egm@rawfoods.com's picture

Goldbusters!

Thu, 01/27/2011 - 13:45 | 909742 satansanus
satansanus's picture

jamie dimon is a criminal. Everyone on earth knows hes a criminal. He robbed his neighbors than crows how he didnt go bk like his neighbors.

YOUR NEIGHBORS ARE BK CAUSE YOU ROBBED THEM JAMIE YOU FUCK

Thu, 01/27/2011 - 13:47 | 909750 TruthInSunshine
TruthInSunshine's picture

Client -->                      JPM

 

Account Holder -->         Bernanke, Benjamin S.

                                   33 Liberty St., New York, NY 10045

 

Bill To -->                     Geithner, Timothy F.

                                  1500 Pennsylvanian Ave., NW Washington, D.C. 20220

 

Thu, 01/27/2011 - 13:59 | 909805 Miss Expectations
Miss Expectations's picture

Collection Agency ---> IRS

Thu, 01/27/2011 - 14:17 | 909886 DonnieD
DonnieD's picture

Refusal of Invoice ---> Smith and Wesson

Thu, 01/27/2011 - 14:29 | 909934 Rahm
Rahm's picture

+.357

Thu, 01/27/2011 - 16:18 | 910331 hedgeless_horseman
hedgeless_horseman's picture

Delivery---> In Rear (Blythe's)

Thu, 01/27/2011 - 13:47 | 909762 Dick Darlington
Dick Darlington's picture
01-27 12:39: Fed nominee Diamond says QE 'helpful in the right direction' I guess this muppet is referring to Russell 2000. =)
Thu, 01/27/2011 - 13:50 | 909772 raya123
raya123's picture

Doesn't matter. The euro is beginning its descent as the euro crisis will start to drag stocks down for the next several months.  Then a brief recovery, followed by a USD crisis which takes the market much lower after that.  Current POMO x 2 will somewhat control the downside in the market from the euro crisis, but that is all it will do.

Thu, 01/27/2011 - 13:52 | 909778 Dr. Porkchop
Dr. Porkchop's picture

Jamie Dimon sounds like a porn star name.

Thu, 01/27/2011 - 14:07 | 909843 Racer
Racer's picture

Well he does stick it up the public's ass many times a day

Thu, 01/27/2011 - 15:17 | 910132 Arkadaba
Thu, 01/27/2011 - 13:54 | 909781 Cdad
Cdad's picture

No!  You don't say?  JP Morgan at the heart of today'spump and dump on the stock market?  And just today it was reported that J. Dimon was whining in Davos that people just need to stop all the banker bashing. 

Would someone just finally take this bank apart, please.

CAPITAL WILL NOT FORM IN BANKS AS CORRUPT AS JPM!

Thu, 01/27/2011 - 14:02 | 909818 nonclaim
nonclaim's picture

pump&dump is illegal but pump&pump maybe not... so...

Thu, 01/27/2011 - 14:29 | 909935 Fearless Rick
Fearless Rick's picture

Jamie Dimon headed JP Morgan Chase bank

His depositors he daily did spank.

He stole billions this man,

For he sure had a plan.

In the end, though, his check is a blank.

 

 

Thu, 01/27/2011 - 13:57 | 909795 moldygoat
moldygoat's picture

I cant view youtube at work but i recall a video of bumfukme talking about his 401k or retirement being in the same stock market as you and me. The bearded clam will retire right before the crash. Could be your best shorting opportunity of all time if you can get the scoop on his retirement. God forbid he stays and gets as old as greenspunk.

Thu, 01/27/2011 - 14:02 | 909820 Ferg .
Ferg .'s picture

What's it going to take to get a correction ? Not even a trend reversal , but just a simple , plain , regular vanilla correction ?

Here's my theory :

The DOW is sitting just below 12,000 , the S&P below 1300 . We've got Q4 GDP tomorrow . I think that depending on the reading we'll either blow above those figures and continue higher or we'll tank hard . Either way this is an inflection point . Bullish momentum is about to take off or it's about to collapse .

Thu, 01/27/2011 - 14:26 | 909922 bbucks
bbucks's picture

The only thing that is going to make the Dow go down hard (100 points these days) would be a mushroom cloud over the entire NYC area.  Come to think, maybe not since it is just computers trading with each other. 

Thu, 01/27/2011 - 14:08 | 909851 slewie the pi-rat
slewie the pi-rat's picture

morgan/chase=rockefeller;

goldman=buffet;

 

you're right, of course, JW n FL, but DO NOT look behind the curtain!

Thu, 01/27/2011 - 14:11 | 909867 Dr. Porkchop
Dr. Porkchop's picture

Don't worry. Bono is at Davos, and he's going to save the day by convincing the bankers to be nice.

Thu, 01/27/2011 - 14:30 | 909933 knukles
knukles's picture

No shit?  Bono?
Guess everything's OK then.

 

Who thinks up the fucking guest list to this crap?

Thu, 01/27/2011 - 14:19 | 909893 carbon based unit
carbon based unit's picture

 

timing is everything

 

Thu, 01/27/2011 - 14:22 | 909902 mynhair
mynhair's picture

Buttheads kept my TNA bid of 73.30 from hitting by 2 fricking cents.

Thu, 01/27/2011 - 14:37 | 909973 satansanus
satansanus's picture

why in fuck all earth would you have a bid on TNA? Do you drink gasoline mixed with cough syrup too?

 

 Maybe maybe maybe ( FUCK ?THA?T HELL NO) pick up a 5% position after a big correction but realize all direxion products are a scam. I wont touch a direxion product

Thu, 01/27/2011 - 15:25 | 910159 Stoploss
Stoploss's picture

You may have another chance. Problem is the RUT has shed 2%, but S&P hasn't. One would say bull trap, the other would say cup with handle. Regardless, limit orders are useless when dealing in leverage.

Thu, 01/27/2011 - 14:23 | 909906 gigeze787
gigeze787's picture

Fed/JPM PTB's pumping the Ponzi balloon to keep it as full as possible, before it starts deflating at crappy Q4 report Fri am (to be further revised downward over next two months).

Thu, 01/27/2011 - 14:30 | 909937 slewie the pi-rat
slewie the pi-rat's picture

bloomie: "gold declines as investor demand 4 wealth protection wanes"

 

check out the spike in the 30!

30yr Bond

Thu, 01/27/2011 - 14:30 | 909938 99er
Thu, 01/27/2011 - 14:31 | 909941 Buttcathead
Buttcathead's picture

I knew it was a rigged game.  I wish they would give me some of that money.  I is getting pretty cold ad hungry.  I could also get me a bankruptcy lawyer too.  Oh the humanity !!!

Thu, 01/27/2011 - 14:34 | 909945 gigeze787
gigeze787's picture

Want to see the result of the ramp...?

Look at LVS since 11.20am ET.

Your taxpayer $$$'s at work...fueling the Ben's casino. 

Thu, 01/27/2011 - 14:31 | 909946 slewie the pi-rat
slewie the pi-rat's picture

whipsaws uber alles!

Thu, 01/27/2011 - 14:35 | 909963 slewie the pi-rat
slewie the pi-rat's picture

...whipsaws across the water;

...whipsocks across the sea!

Thu, 01/27/2011 - 14:46 | 909997 donkeydog
donkeydog's picture

Small explosion at Davos.  Nothingburger so far..

http://www.baltimoresun.com/news/nation-world/sns-ap-eu-davos-forum-explosion,0,1121565.story

 

 

 

Thu, 01/27/2011 - 14:49 | 910014 Hondo
Hondo's picture

They are doing all this with the taxpayers money.....all risk trades are taxpayers (downside only of course) all non-risk trades are JPM.

Thu, 01/27/2011 - 15:04 | 910076 Buttcathead
Buttcathead's picture

They should be puttin that money in the Social Security Trust fund !!! 

Thu, 01/27/2011 - 15:06 | 910083 TruthInSunshine
TruthInSunshine's picture

Whatever happened to Al "Green With Cash from Global Warming" Gore's lock box?

Thu, 01/27/2011 - 15:26 | 910162 Xibalba
Xibalba's picture

This move in metals smacks of French pride. 

Thu, 01/27/2011 - 15:33 | 910187 myshadow
myshadow's picture

There is no way dimon would be or want to be Treasury Secretary.

Thu, 01/27/2011 - 15:46 | 910254 DCDiamonds
DCDiamonds's picture

Does any one know which ETF JPM bot?

Thu, 01/27/2011 - 15:53 | 910276 JonNadler
JonNadler's picture

i told Jamie, don't knock the paper price of gold or all the goldbugs will go out and load up and will take even more physical off the market.

But does he listen? NOOOOO, he thinks he knows everything

Thu, 01/27/2011 - 17:15 | 910616 JW n FL
JW n FL's picture

JP Mogan's Dimon, French President Sarkozy Clash at Davos

French President Nicolas Sarkozy clashed with the chief executive of JP Morgan Chase at the Davos forum, telling Jamie Dimon bankers had done things which defied common sense. By Reuters

 

·

January 27, 2011

DAVOS, Switzerland - French President Nicolas Sarkozy clashed with the chief executive of U.S. investment bank JP Morgan Chase at the Davos forum on Thursday, telling him bankers had done things which defied common sense.

JP Morgan boss Jamie Dimon had earlier in the day lashed out at persistent bank bashing nearly three years after the global credit crisis began, saying it was "unproductive and unfair".

But when he rose at a later session to ask Sarkozy a question about regulation of banks, the French president launched into a broadside blaming financiers for their behaviour, which he said had caused the crisis.

"The world has paid with tens of millions of unemployed, who were in no way to blame and who paid for everything," Sarkozy said to Dimon. "...it caused a lot of anger, Mr. President, a lot of anger."

Dimon was not given an opportunity to respond to Sarkozy's remarks. Credited with being one of the few U.S. bankers who steered his firm through the financial turmoil of 2007-08, he had earlier told a separate panel discussion not all banks made the same mistakes in the run-up to the crisis.

"Not all banks are the same and I just think that this constant refrain 'bankers, bankers, bankers' is just unproductive and unfair. People should just stop doing that," Dimon told a panel on "The Next Shock: Are We Better Prepared?"

MARKET OR MADHOUSE?

But Sarkozy was having none of it.

"The world was stupefied to see one of five biggest U.S. banks collapse like a house of cards," he told a plenary session of the Davos Forum.

"We saw that for the last 10 years, major institutions in which we thought we could trust had done things which had nothing to do with simple common sense. That's what happened."

http://www.wallstreetandtech.com/articles/229100360?cid=nl_wallstreettech_daily

Thu, 01/27/2011 - 17:40 | 910786 Rockfish
Rockfish's picture

Dimon closed the earlier session by saying his biggest current concern was that "bad policy" could make things worse as the banking industry was trying to recover.

Let me just say that if I've learned anything at all over the last 3 years it how do identify bull shit. "bad policy" code for policy that would take away their free ride.

Thu, 01/27/2011 - 18:12 | 910921 robertocarlos
robertocarlos's picture

I love Underdog.

Thu, 01/27/2011 - 22:29 | 911766 Buck Johnson
Buck Johnson's picture

I think your right, Jamie Dimon will become the next treasury secretary.

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