• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Must. Close. Green. On. POMO

Tyler Durden's picture




 
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Tue, 10/26/2010 - 16:17 | 678566 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

HI tyler did you get my email?

Tue, 10/26/2010 - 16:23 | 678581 Cdad
Cdad's picture

OT,

 

FFIV...classic.  Miss earnings...flash crash to 96ish...then ramp to 107.  That is doing it Hong Kong style.  Woot!

WFD!

Tue, 10/26/2010 - 16:24 | 678583 Bill Lumbergh
Bill Lumbergh's picture

Green is good...if the Republicans win the House and Senate then the order can be made to remove liquidity and crash the sucker and blame all the ills on the changing of the guard.

Tue, 10/26/2010 - 16:26 | 678589 HarryWanger
HarryWanger's picture

Green? Come on - it closed flat. Let's not get dramatic. And it should have closed flat.

-earnings are coming in nicely, especially this morning = flat market.

-economic data is flat, not showing much improvement but not falling = flat market.

-tons of economic, corporate and political news within days = flat market.

Get used to it.

Tue, 10/26/2010 - 16:28 | 678597 Rasna
Rasna's picture

Up day vs down day... It was an up day regardless of the margin.

Tue, 10/26/2010 - 21:57 | 679395 mtomato2
mtomato2's picture

Not gonna junk HW on this.  Technically, he's right.  But I think the biggest take-home message here is the sudden and trippy green shoot that popped up after organic trading called the day.  Which should have been about -84.

Harry, you can't act like things are normal.  You seem like a potentially smart guy.  Are you just goading them?

 

And, by the way, the captchas are definately getting way easier.  May account for all the trolling these days.

Tue, 10/26/2010 - 16:34 | 678611 SheepDog-One
SheepDog-One's picture

No matter what happens, theres Harry claiming he called it. 'Flat market, get used to it'? What kind of BS is this? Supposed 'good earnings', well take away the downward target lowering and you have crap, theyre polevaulting poles buried a foot underground now.

'Economic data is flat'....WELL yea, as long as youre willing to ignore economic data is mostly worse than the Great Depression.

But whats this 'markets flat, get used to it' line? Werent you 2 hours ago calling for big rallies for weeks to come?

Tue, 10/26/2010 - 16:36 | 678626 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

I think the real point is that we had a 70+ point rise from the days lows on the DOW. After hours getting a boost as usual also.

Tue, 10/26/2010 - 19:06 | 679033 DavidC
DavidC's picture

Quite!

DavidC

Tue, 10/26/2010 - 16:53 | 678693 AR15AU
AR15AU's picture

If you actually believe this market is trading based on economic data and not the push button control of computer operators, you should apply for intern work at CNBC.

Tue, 10/26/2010 - 17:42 | 678821 NotApplicable
NotApplicable's picture

They're hiring fluffers now?

Tue, 10/26/2010 - 17:00 | 678720 equity_momo
equity_momo's picture

Harry , sometimes you show a flicker of intellect as to what moves markets and then you go and spoil it by talking about eco data and earnings. Back to the classroom for you son.

Tue, 10/26/2010 - 17:37 | 678807 homersimpson
homersimpson's picture

But remember- Harry isn't a bull. Don't call him that. He's a trader. *snickers*

Tue, 10/26/2010 - 17:42 | 678820 Deflationburger...
Deflationburger with Fleas's picture

Harry, you flip-flop faster than a whore on a bed of hot coals.

Tue, 10/26/2010 - 19:08 | 679037 Miles Kendig
Miles Kendig's picture

Earnings are simply a reflection of a DNI waiver of SEC requirements memo and have nothing to do with performance, actual or desired.

Keep at the Gerber my dear Gerbevore.  They need sales too.

Tue, 10/26/2010 - 16:28 | 678593 Cheesy Bastard
Cheesy Bastard's picture

Wow, think of all the money the GS clients made today on thier secret frontrunning the fed on a pomo day advice! /sarc off

Tue, 10/26/2010 - 16:42 | 678637 Dr. No
Dr. No's picture

I like the new avatar!  If you really are cheesy bastard, use one of your Greenbay packer cheese hat pictures you guys are so fond of as your avatar.  I knew you were a packer fan.

Tue, 10/26/2010 - 16:46 | 678663 Cheesy Bastard
Cheesy Bastard's picture

Thanks, but I am NY Football Giants fan.  I just use that picture because I am thinking about quitting my job and not paying my mortgage.  Then I will be Spongy Bastard, and I wont have to change the picture if no one looks too close.

Tue, 10/26/2010 - 16:50 | 678680 Dr. No
Dr. No's picture

My apologies.  It has been a tough road as a vikings fan and I find myself trying to attack packer fans where ever they may be (or not be).  Good luck to you sir and my your life be filled with fortune.

Tue, 10/26/2010 - 16:52 | 678690 Cheesy Bastard
Cheesy Bastard's picture

God bless you and Mr. Favre's naked bootleg!

Tue, 10/26/2010 - 16:28 | 678594 SheepDog-One
SheepDog-One's picture

What a piece of shit market. Oh and heres Harry again going on about how well the fake earnings are going again as usual.

'Flat market'...oh nevermind the 12% market pump over the last 40 days....'flat market'....yea

Tue, 10/26/2010 - 16:29 | 678598 RobotTrader
RobotTrader's picture

As usual, the PigMen are luxuriating at casinos, on cruises, mistresses in tow.

Meanwhile, Coach handbags and Tiffany diamonds are handed out to muffle the lonely spouse.

The "V-Shaped Recovery" is alive and well on Wall St.  PigMen are getting richer than ever, even those who were nearly buried alive in the 2008 credit avalanche.

Of course, the inevitable boom that follows a bust in the ongoing  "Wash, Rinse, Repeat" cycle has brought vast fortunes to the moneychangers, paper flippers, and dealmakers.

Meanwhile, the paint on Nouriel Roubini's 1994 Subaru station wagon gets more faded every day while sitting in the NYU parking lot.

And somebody please pop those bubbles in the tinted back window of Bob Prechter's 1992 Volvo 240DL, sitting in the EWI parking lot in Gainesville across the street from the Church's Fried Chicken..

LOL....

Tue, 10/26/2010 - 16:36 | 678625 the not so migh...
the not so mighty maximiza's picture

Bail out girly men must be able to find better looking women then this.

 

 

Tue, 10/26/2010 - 16:55 | 678684 Miles Kendig
Miles Kendig's picture

Great.  One less maxin' for that Oaktown look

http://www.youtube.com/watch?v=N2J263ow5A4

Tue, 10/26/2010 - 16:37 | 678627 SheepDog-One
SheepDog-One's picture

I dont know what happened to you. Used to have decent posts, now its just in your face snobbish daily support of all this BS. I hope something causes a massive sudden unwind and youre stuck long all of it, I hope the same happens to all the rest of you buttlplugs too like Harry, etc. Bunch of self righteous smug knowitall dickheads in my opinion.

Tue, 10/26/2010 - 17:07 | 678738 No Mas
No Mas's picture

SheepDog-One this is No Mas-One: Over

I don't think the posts are snobbish, rather they are a rebuttal to the constant drone of doomsaying here on ZH.  Where you are able to factually refute their postions, I don't see any evidence they will do anything except discuss why they believe what they believe.

And being right doesn't make one snobbish!

Best of luck to you.  

Tue, 10/26/2010 - 17:38 | 678764 Miles Kendig
Miles Kendig's picture

Where you are able to factually refute their postions, I don't see any evidence they will do anything except discuss why they believe what they believe.

Try actually contributing rather than looking for the Charmin.  Got the stones to write & submit it?  Heck, if Tyler will post my work along with just about every other possible opinion out there I'm sure you could join the chorus .. and get sniveled at like the rest of us (just ask Leo for some guidance). Unless the drive to be generally accepted as "right" is your only concern. If so then Fight Club isn't the place for you

Tue, 10/26/2010 - 18:18 | 678908 Minion
Minion's picture

Fight club, lol.  I notice there are a few personalities in here that like to provoke, many more who get provoked, and still more who try to glean some usable knowledge from it all.  They would be the brawler, the rioter, and the grasshoper.  :D

Wed, 10/27/2010 - 01:50 | 679043 Miles Kendig
Miles Kendig's picture

Don't forget Tyler, the foil, n crew

 

Tue, 10/26/2010 - 17:40 | 678815 homersimpson
homersimpson's picture

Remember - No Mas has a history of telling ZH readers he is smarter than you. Take his advice with a grain of salt. Unfortunately, he's not around ZH when the Fed can't control the stock market (read: bearish times).

Tue, 10/26/2010 - 18:16 | 678900 SheepDog-One
SheepDog-One's picture

'Being right'? Oh, well I can easily do what he does, wait till market close then pick some stock chart that spiked during the day and post it. Wow real relevant. 

Tue, 10/26/2010 - 17:40 | 678818 homersimpson
homersimpson's picture

I have to second SheepDog. I guess some bulltard switch turned on for Robo in the past few months. Hard to tell nowadays whether he's sarcastic or arrogant. 6-9 months ago, you can tell he was sarcastic.

Tue, 10/26/2010 - 17:54 | 678852 Miles Kendig
Miles Kendig's picture

Standing by to stand by for extended periods will do that.  Still, by my translation Robo has been getting downright orbital on occasion while displaying a marvelously nasty streak for the 2D centricism prevalent.

Tue, 10/26/2010 - 16:47 | 678639 Miles Kendig
Miles Kendig's picture

Remember that it's LVMUY (since a topic is OTC anyway) rather than COH since blowing that other whistle just ain't in the 2D world's deck of cards .. Until it becomes an AFL issue that is.  Meanwhile, a little lesson from S. Main.  When trading the NFLX space it is best not to look at the monitor since there is always time to do that later at leisure

Tue, 10/26/2010 - 17:01 | 678724 downrodeo
downrodeo's picture

There just aren't enough pirates out there these days...

Tue, 10/26/2010 - 17:02 | 678727 equity_momo
equity_momo's picture

RobotTrader youre a waste of bandwith. Kindly cease posting your pointless charts and pictures from here on in.

A thankyou.

Tue, 10/26/2010 - 19:23 | 679071 kengland
kengland's picture

Damn straight...I'm reacch biatch....

 

Western Potash

Tue, 10/26/2010 - 16:30 | 678599 traderjoe
traderjoe's picture

Look at the decline in long bonds. TLT down from 108.50 to 100 in a month or so. Pretty substantial loss for those last buyers...

But, yes, pretty apparent attempt to get the market to close green...

Tue, 10/26/2010 - 16:32 | 678607 Turd Ferguson
Turd Ferguson's picture

I can hear Brian Williams now:

"On Wall Street today, there was blatant manipulation by Primary Dealers flush with newly minted cash direct from the Federal Reserve. Their efforts allowed the markets to stave off a hundred point downdraft and helped the market to finish mixed."

Tue, 10/26/2010 - 16:32 | 678608 LongSoupLine
LongSoupLine's picture

Finally!!  Inside spy film of HFT computers in action!

http://www.youtube.com/watch?v=RG0ochx16Dg

Tue, 10/26/2010 - 16:35 | 678616 Miles Kendig
Miles Kendig's picture

Too bad Janet & Ben just can't pull the look off.  Swine

http://www.youtube.com/watch?v=yuzfnAQcPck

Tue, 10/26/2010 - 16:36 | 678618 Waterfallsparkles
Waterfallsparkles's picture

How many already voted.  I voted today on early voting.  Anti climatic.

Tue, 10/26/2010 - 16:49 | 678671 SheepDog-One
SheepDog-One's picture

Yep, early voting gives em plenty of time to scam the elections. So exciting.

Tue, 10/26/2010 - 21:20 | 679314 Revolution_star...
Revolution_starts_now's picture

I'm with Carlin, I think I'll just masturbate instead, that way I got a little something to show for it.

Tue, 10/26/2010 - 16:36 | 678620 hambone
hambone's picture

Folks, that's it!  I'm done w/ trying to play with dollars that are part of an illusory game.  Justice, law, and democracy are dead in America.  What good is money when it can be devalued, legally stolen, or given ad infinitum to whomever the Gov please (and it won't be me)? 

I've come to the realization I (we?) are the greatest fools at the table...we are aware what is taking place (more than 90% can say) but believe by purchasing PM's or whatever that TPTB will take us along with them as the great majority collapse into ever deeper poverty and debt servitude.

We are not they...when the rules can change on the fly, "we" can lose the thread quickly and can / will be thrown down with the "unknowing" masses. 

Enough is enough.  The election will solve nothing.  The Fed announcement will only exacerbate everything.  As "mortgage gate" shows, the law nor government stands for the common man any longer. 

Folks, it's time for America's real leaders, ZH'ers, to stop pretending "an appropriate asset allocation strategy" will get us through this.  Our nation needs to be retaken (hopefully peacefully), law re-estabished, government put back to it's proper size and place (not deciding winners, losers, money lending rates, blah blah).

Not sure if I'm totally jumping the shark but I've had it.

Tue, 10/26/2010 - 16:42 | 678644 SheepDog-One
SheepDog-One's picture

Yep I agree, and Im sick of these snarky bastards like Robo and Harry and all the rest who suggest you should join them in their 'oh well if ya cant beat em join em' game. Sellout enabling traitors is all they are. Hell with it, I only take evasive action now to front run against anything they can do. All money out, buying things that will help you when these lunatics finally go full retard and crash the system because theres no more blood to suck. We're already there NOW, just depends on what the date is....next week, next month, tomorrow? Who knows but this whole thing stinks and I refuse to participate in any way.

Tue, 10/26/2010 - 17:04 | 678725 hambone
hambone's picture

No one has adequately (even inadequately) explained how lowering the current all time low interest rates to even lower rates helps the economy?  "Incents companies to borrow, build more capacity, hire more, raise wages", and we all live happily ever after in Ponzi-ville. 

How can something so stupid on the face of it be the stated policy of the Fed and our Government at large??? 

Look at todays action - POMO executed, massively overbought stocks up directly in front of an election (clear, crystal clear electoral manipulation) but even more interesting, interest rates jumping???  Almost looks like the only effect of the Fed's policy is now asset inflation in the stock market and through massive seepage, in nearly all markets the world over. 

Let's not even pretend or give lip service this is about helping the US econonomy or US employment situation.  It's not.  It's about perpetrators of crimes getting the innocent to due the time for the guilty via perpetual interest to be paid on our national debt.  Top .01% win, the rest lose in varying degrees.

Tue, 10/26/2010 - 17:11 | 678753 No Mas
No Mas's picture

It is not a game; it is reality.  I cannot beat them, I am violating no laws - only buying low and selling high ( not always in that order).  And I hate to bring down another piece of reality on you but you sir, will not beat them either.

Your refusal to participate exposes a great freedom. Do not impinge on my freedoms to do the opposite.

Tue, 10/26/2010 - 17:41 | 678793 hambone
hambone's picture

No Mas,

this isn't about buying, selling, "beating 'em"...this isn't about equities or investing. 

I'm talking about a game being played where all assets are being parabollically gathered up by a smaller, smaller group.  TBTF, TPTB...they control the assets, the monetary base, the executive, legislative, judicial, MSM, and all extensions. 

My and most Americans refusal to participate exposes average folk to the govs plan to tax directly and indirectly (inflation) and plan to change the game on your PM's (give it time...they'll get you), deductibility of mortgage interest, tax rates on XXX. 

This isn't sour grapes as I've "done well"...this is realization that we are going down the wrong path and I fear for my kids future.  The innocent are being made to pay for the sinners.

The farther we go down this road, the greater the national debt, the Fed's balance sheet...the less possible it is to unwind, exit, and ever normalize.  I'm advocating we hit the breaks, put in a new driver, and try to undo what we are doing before it is too late (maybe we are already pass the fail safe point...but not sure the math confirms that quite yet).

 

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