Just A Reminder Of Late Afternoon Circuit Breaker Coffee Breaks

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Wed, 06/01/2011 - 15:26 | 1329863 LRC Fan
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In the event of any Dow drop of more than 100 points

BTFD Bitchez


Wed, 06/01/2011 - 15:40 | 1329929 Pladizow
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PPT makes the circuit breakers a mute point.

More likely to get your hand pregnant while wearing a condom!

Wed, 06/01/2011 - 15:51 | 1329969 Pladizow
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Thanks Professor Iriestx - especially for the links to help with what was an obvious error.

However, does'nt an alarm go off when a circuit is broken.

An alarm that won't go off and therefore never be heard.

Hence, a "mute" point.

Like my attempt to cover?

Wed, 06/01/2011 - 15:56 | 1330010 LFMayor
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don't you dare cover those up, best i've seen here yet.

Thu, 06/02/2011 - 02:57 | 1331613 StychoKiller
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Wait'll you see Speedy's bouncing avatar! :>D

Wed, 06/01/2011 - 21:10 | 1331044 FrankDrakman
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Never attribute to grammatical ignorance what you can attribute to poor punnery.

Wed, 06/01/2011 - 16:18 | 1330117 Mike2756
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Wait, all trades will be disallowed!

Wed, 06/01/2011 - 15:30 | 1329867 HUGE_Gamma
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down 2% - welcome to last week

Wed, 06/01/2011 - 15:28 | 1329870 SheepDog-One
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Coffee? Well I guess if 'coffee' is in reference to lines of coke mixed with Xanax....OK theyre coffee breaks then.

Wed, 06/01/2011 - 15:31 | 1329873 IdiotInvestor2
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1200 point drop against Fed's forces ? Possible in a flash crash, but not happening in a "normal" market as defined by The Bernank.

Wed, 06/01/2011 - 15:46 | 1329961 zeek
zeek's picture

Bernanke: I need a stock market crash to justify QEx

Banker: OK... I'll call the CME to make sure I don't get kicked out

Bernanke: Make sure we don't hit the breakers until I'm ready

Banker: Make sure you pay me more for the last few QE2 transactions

Bernanke: OK


Wed, 06/01/2011 - 15:29 | 1329875 Tortfeasor
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In the event of a 1200-POINT gain in the DJIA (10 percent), regardless of the time, MARKET ENTERS THE BONUS ROUND.  All advances earn double-points (triple-points for HFT gains) and market remains open for an extra hour.  Additionally, all participants earn one free 8-ball of coke.

Wed, 06/01/2011 - 15:55 | 1330000 Stoploss
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Wed, 06/01/2011 - 18:02 | 1330512 Dburn
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Wed, 06/01/2011 - 15:29 | 1329880 mr. mirbach
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The Fed will keep it under 9.9% - Rule 80B kept in check

Wed, 06/01/2011 - 15:29 | 1329881 SheepDog-One
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BTW I figured for this day of announced inflation shipments from China, you might enjoy viewing 'The people of Walmart'

YouTube - People Of Wal Mart

Wed, 06/01/2011 - 15:43 | 1329944 cougar_w
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I watched it. Nearly died once or twice, but I did it.

Okay dammit, where's my cookie?

Wed, 06/01/2011 - 15:51 | 1329975 Cognitive Dissonance
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Loved your latest installment cougar.


Wed, 06/01/2011 - 16:01 | 1330043 cougar_w
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Why thank you, how kind of you to say so.

However I worry that I might be losing my mind slightly. Surely that is no way for me to treat an angel, even in fiction. I'll have to make amends some how.

Wed, 06/01/2011 - 16:24 | 1330141 Cognitive Dissonance
Cognitive Dissonance's picture

Your mind was lost a long time ago. You're just figuring it out long after the fact.

Don't bother looking for it since you don't need it anyway. If you found your mind after all this time it would just put you firmly back into the boring category. I'm already there and trust me on this one, we don't need any more dead bodies in here. :>)

We could use some Febreze and several billion body bags if you don't mind.

Wed, 06/01/2011 - 15:35 | 1329892 Internet Tough Guy
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330 rally engage

Wed, 06/01/2011 - 15:36 | 1329893 Cognitive Dissonance
Cognitive Dissonance's picture

Wait....wait a minute.....hold your horses......here comes the 3:30 PM pump. Can you feel it baby?

edit: "Was that all you got baby? What about Sugar's happy time?"

Wed, 06/01/2011 - 15:46 | 1329894 King Dong
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You know the drill bitchez - this sucker will be pumped back up to parity by the bots before closing bell

Wed, 06/01/2011 - 15:46 | 1329962 cougar_w
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... in 10 minutes?

If you are right then the bastards are epic.

Though if they do, then their QE3 trial ballon will have gone nowhere.

No instead I think they let it burn. QE3-or-die.

Wed, 06/01/2011 - 15:51 | 1329972 King Dong
King Dong's picture

Shit cougar - Didn't realise the time! Are the bots on strike or what? Perhaps even binary souls have lost all faith?!

Wed, 06/01/2011 - 15:56 | 1330005 cougar_w
cougar_w's picture

The bots have done their job. Market up, good dog! 

And now ... the reckoning. Paper profits don't count fer shyt, sparky.

Wed, 06/01/2011 - 15:32 | 1329895 6 String
6 String's picture


Wed, 06/01/2011 - 15:36 | 1329898 Cdad
Cdad's picture

Get your chart magic ready, brother Cog.  The S&P is going for a new record, four sma violations in one session.  Can't wait for the bullish spin on this "technical development."

And Tyler, maybe now would be a good time to announce the ZH poetry writing contest.  Theme:  "Bidless"

Wed, 06/01/2011 - 15:37 | 1329901 Cognitive Dissonance
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What were those sma's again?

Wed, 06/01/2011 - 15:44 | 1329914 Cdad
Cdad's picture

The 10, the 20, the 50...with the 100 up next.

**there goes the 100**

Wed, 06/01/2011 - 15:44 | 1329954 Cognitive Dissonance
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Down goes Frazier, down goes Frazier, down goes Frazier.


Wed, 06/01/2011 - 16:18 | 1330134 Cdad
Cdad's picture

Tyler really should post up that chart on the S&P:  1 year, daily bars, 10 day simple moving average, 20 day, 50 day, 100 day.  Today was an epic technical breakdown.  But I'm sure everything is fine...like Greek debt.

So take a look around at stocks obliviously above those marks, especially those on razor thin volume in the last month.  The bell has just tolled for them.

Brother Cog...WHERE'S MY CHART!!

Wed, 06/01/2011 - 16:34 | 1330189 Cognitive Dissonance
Cognitive Dissonance's picture

I can't make a chart with all 4 averages and still able to save it in a form I can post. I'm sure it's operator error. But Tyler has a higher posting ability than I do and he has Bloomberg.

Care to direct me to a chart of this? Maybe I'm looking under the wrong bed.

edit: Tyler just posted a new article with your chart.

Wed, 06/01/2011 - 16:54 | 1330295 Cdad
Cdad's picture

That's alright brother Cog.  I think if I just link you to Big Charts, the technicals I insert won't be there when you link.  Anyway, I'm just not sure I ever remember that many moving average points fail in one single session....EVER!

And I'm sure I'm not the only one that noticed it.  Perhaps, it is better to let it be a big SURPRISE for the members of the bathrobe brigade, as Dog calls 'em.

Now...on with my tome writing.  Any word on the poetry contest?  Extra points for insulting J. Dimon in verse form?  

Hello martini...

Wed, 06/01/2011 - 15:40 | 1329916 SheepDog-One
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Dead empty bidless market...just wait till the 401K Bathrobe Brigades get nervous and try to place their sell orders! Ai chihuahua!

Wed, 06/01/2011 - 15:45 | 1329950 Cdad
Cdad's picture

Bathrobe brigades....love that one, Dog.  I wonder how Cramer will explain it to them.

Maybe the VIX will stop at 19?

**she's going bidless**

Wed, 06/01/2011 - 16:01 | 1330021 Cleanclog
Cleanclog's picture

Bidless, squidless!  Wouldn't it be awesome if the great reset took out Goldman?

Let the poetry sessions begin.

Wed, 06/01/2011 - 16:00 | 1330040 Cdad
Cdad's picture

As soon as Tyler announces it, I shall commence my ode to the criminal syndicate known as Wall Street.

As for the market...that was a complete breakdown in ONE SESSION.  Months of Ponzi scheme work undone just like that.  Commence with the "buying opportunity" commentary.

Wed, 06/01/2011 - 15:36 | 1329899 treemagnet
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Its gonna break someday - I'm free today.  Tomorrow too.  Lets get the party started!

Wed, 06/01/2011 - 15:33 | 1329900 apberusdisvet
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Gold up, silver down; 2 flash crashes courtesy of Blythe and the bullion bitches.  They are getting really desperate by being this transparent folks; the shortages are palpable.  Germany's nuclear dump means more silver needed for solar; it will all be gone within 20 years from the planet.  You can't wage the globalist wars without silver; let the manufactured chaos continue.

Wed, 06/01/2011 - 15:33 | 1329902 amsterdam
amsterdam's picture

Oh, how i'd love a 10% yack


Wed, 06/01/2011 - 15:34 | 1329903 Verum
Verum's picture

ot: 1.4 mil negative adjustment to registered silver stocks.

Wed, 06/01/2011 - 15:37 | 1329904 Cleanclog
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OT - but just saw your tweet on Greek bake sales.  Maybe pancake breakfasts?  Will they really sell ports?  Thessaloniki's?  I'm still betting plain 'ol default.  And every week this continues, the haircuts will be greater.  If only 50%, the Greek 2 years are a great buy IMO.  Even a 70% haircut works well on a 24+% yield.

Wed, 06/01/2011 - 15:38 | 1329906 binky
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What about the options markets?

Wed, 06/01/2011 - 15:39 | 1329913 richard in norway
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the central banks are buying shares to prevent market meltdown, or maybe not

Wed, 06/01/2011 - 15:37 | 1329915 the not so migh...
the not so mighty maximiza's picture

Unusually unusual

Wed, 06/01/2011 - 15:38 | 1329921 CreditcalMass
CreditcalMass's picture

3:30 bump losing steam fast, negative 3 bill day, we can still get there.

Wed, 06/01/2011 - 15:42 | 1329923 Atomizer
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$TRIN @ 4.12

Wed, 06/01/2011 - 15:43 | 1329927 SheepDog-One
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Crackhead DOW is over in the corner going thru Trainspotting withdrawal......must.....get....huge crackrocks....

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