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Down-day volume dominating. How long before some exchange breaks again?
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hahahahaha...no shit sherlock!
some exchange breaks again? TD, some of your stuff is way beyond me...
someone please explain to a laymen
Read last the weeks past issues about the trouble the NYSE had.
thx
the exchanges experience hardware problems with computers.
hey, maybe we'll get another friday afternoon 15 minute "extension"
That is rich "hardware problems"
What is that smell???
Sulfur
Barbecue
I agree. It is brimstone.
No exchange plug pulling today. Volume is low enough to do all the work in the E-mini's by continuosly slowing down the prints at the bid and failing to show prints at the next price down until that price becomes the offer so when you do print it you make it look like buying!
they don't expect every trader to understand mechanics of lies as well as you do - therefore they WILL continue to do so
I am in awe. Yours it truly a superior intellect!
ummm not to mention the pit is fn dead today, paper and locals
Exactly.
Furthermore, as the respondents are by and large polled during the day, during the work week, you've got to wonder how significant a conclusion can be formed
good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions
those articles suck balls and so do you, asshat.
! Bot (?!) spamming. TD, you need to add back the catcha, not only once and then have the cookie spare you, but every time one posts. Otherwise guys like this will log in once / make an account and then keep on spamming.
It's Cetin Brainglue in Sunnyvale. Blow his IP.
PPT to show up at 3 PM EST
Negative. Have to already be on the road to the Hamptons or Shore by that time.
Unless they left a few choppers behind for the newbies.
You have no clue what you are talking about.
Really?
Care to elaborate?
"No exchange plug pulling today. Volume is low enough to do all the work in the E-mini's by continuosly slowing down the prints at the bid and failing to show prints at the next price down until that price becomes the offer so when you do print it you make it look like buying!"
Your assertion here is really weak and shows that you have no idea what you are talking about. So now big brother is orchestrating print times ? There's a spill in aisle 3. Why don't you get off the blog and get to work mopping it up.
Again, care to elaborate? No of course you can't because you don't know shit. The CME has used slow trade and reporting for years as an extra "breaker" and they don't even try to hide it, just call the CFTC (202-418-5250) they won't even try to hide the fact.
As for the spill, I'm not on today, but since you are there and usually on your knees, can you please take care of it?
Thanks
Ok. I'll elaborate. There are times when markets are in fast condition and the quotes are non-firm and the prints may be out of sequence. However, in a tape as slow as today it is frankly stupid to even suggest such a thing. There is no conspiracy here . You obviously are one of these people who think everyone is out to get you. I suggest you go to Trading for Janitors.com and tune up your skills. Yes, I am on my knees laughing at your idiocy. Have a nice day.
Nobody is out to get me, I call them as I see them.
But yes you are right, sorry, nobody at any exchange ever fucks with anything because it would be unethical.
You seem to have some hang up against the working man with all your clean up jokes, you shouldn't feel so inadequate, the world needs ditch diggers like you too.
I have no problem with the working man or women. You obviously don't work on or for an exchange. I do. Believe it or not, exchange members and employees survive in a highly regulated and competitive environment. There is simply no tolerance for the type of action that you continually suggest is ongoing.
Thank you for your analysis of both my inadequacies and those of the stock market. Your insight speaks for itself. Let me walk you through you next interview..." Would you like that super-sized ? "
I guess I'll hang up my shovel seeing how you've done a fine job of burying yourself. See you around campus .
Oh, you work for an exchange. Well again my apologies, you are absolutely right, no such shenanigans would ever take place on an exchange.
But hey keep up the job jokes, they'll be a huge hit when your unemployment runs out.
I stand up for what I say and what I do and for those who work with me. Along with that,everything I do is according to guidelines and regulation and I am 100% accountable. You my friend belong to the group of people who look to assign blame everywhere but where it belongs... on yourself. You make baseless claims about trade reporting ,trading irregularities and conspiracies. Where is your proof ? Your feeble opinion ? Oh, I forgot. You call it like you see it.
I'm at risk every day and I don't blame my P&L on anyone. Stop being a weakling and admit you're trying to jump on the ZH bandwagon. I stand by what I said earlier. You have no clue what you are talking about. You are pathetic. Have a great weekend deluding yourself about your superior insight.
Who ever mentioned P&L and blaming anyone for trades?
I'm talking about exchanges and reporting electronic data, you on the otherhand feel I have questioned your integrity and everyone you work with.
But now that I've had these few exchanges with you I feel very comfortable that you are on the job at whatever exchange you work at and I never have to question the integrity of any market again.
Thanks for helping me come to my senses.
What's the next bandwagon you're jumping on ? You have no factual basis for any of what you say. You just call things as you see them ? You have questioned my integrity. What are your qualifications . I have listened for many years to people like yourself and now I'm calling you out. You are full of shit and have no clue what you are saying. Your original post about delaying sales so the appear as buy is moronic. Oh wow Dixie Normous is rockin the e-minis lets slow the tape down... You are a clown. Stop trying to impress the blogosphere. You got nothing.
Charlie,
I love internet tough guys like you "calling me out." Awsome level of toughness.
For proof, you can simply ask one of your developers at the "exchange" to write a simple program that compares time and sales to what is being shown on the bid, offer, last and volume, through your broker, data provider or whomever you use to watch the markets. A guy like you probably has mutiple data feeds. Right? Just compare when they data converges and diverges and you'll see what I am talking about. You will be able to see, contrary to your stupid idea that nobody fucks with a slow market, the difference between the time and sales and the actual posting to their customer (i.e. your broker, etc). It's a very simple and crude tool but it gives a little insight into when not to trade.
Funny thing is my original post said the market was done declining for the day and guess what? It was!
Oh I love the name calling too you fucktard, cumguzzling, douche nozel.
ROFLMAOWTIME
You're failing to break the bitch down. This person obviously has too much self esteem to be receptive to your message. Perhaps if you truly were superior in some way you wouldn't have to go through all the machiniations of inferiorizing a person before you can dominate them.
Plus you have a small penis. So you got that going against ya.
You should probably try the juice approach. Do something really cruel to him and then threaten him with the cruelty over and over to maintain compliance. Do like the Fed and shout something like. Don't make me start the war of 1812 up in here again cause I WILL!! Or don't make me pop a cap in some president you lubs head cause I will. Oh ya that shit stopped working. Now we have to be careful and hide and be very carefully and correctly wrong. Sorry if you're clueless in the whole deal. Pay better attention next time.
Beautiful takedown.
Agreed... Dixie wiped up the floor with him in Aisle 3...
The $700 million man
Blackstone’s Stephen Schwarzman Tops Best-Paid Chiefs
http://www.bloomberg.com/apps/news?pid=20601103&sid=ap6saKW9XWVI
what's great about this is that it was Schwarzman's partner (Peter G. Peterson) who selected Geithner to head the NY Fed
http://www.nytimes.com/2003/10/16/business/imf-official-is-named-preside...
Misleading. The 700 mill was from vesting in his shares already owned prior to taking the company public.
the $ came home to roost during the period in question - regardless of when they originated -
big effort to break and no reward today?, recent lows have not been taken out, although the lower high is nice coupled with this wide price spread down ... is problamatic for shorts that no support has failed, and the weekly is looking to paint an inside bar.
so to me the daily can still be absorption of sellers in this up and down action ... dang, I am still confused ...
Edit .. I can still see a blow off top climactic action at higher levels of this daily trading range that translates into an upthrust on the monthly ...
ahhhhhhhhhhhhhhhhhh. I should be more patient.
I'm pretty much done trying to make technical analysis work in this environment, it's been shelved along with the fundamentals. All indices just keep flying through all kinds of support/resistance levels lately with barely any pause.
Also didn't they just give the finger using the dollar price after the FOMC to anyone that still looks at charts instead of using "hope" as their guiding investment tactic?
I just wanted to do the little math prob.
Methinks theyre using bac to support the market today as their primary conduit for manipulation.
Can someone help me understand what SPY is indexed to?
http://www.amex.com/etf/prodInf/EtPiOverview.jsp?Product_Symbol=SPY
So if the price per share of SPY is indexed to the underlying portfolio that mirrors that of the S&P 500, what difference would it make if the SPY fund itself were traded on higher/lower volume
First you have to figure out who is buried in Grant's Tomb. The rest is simple.
uup gap fill at 23.45 then upwards again for another squeeze?
i have no fucking idea what you guys are talking about
dont waste your time trying to explain it to me, i'm looking for porn and thought "zero hedge" referred to milf's with shaved pussy's
lol
hopefully robotrader won't disappoint in his daily summary.
That was truly inspired.
Loyd ? Thanks for stopping by. How is that VAR working out ?
Tyler etc ought to put this quote on some limited ed. tees
If PPT does not show today it will be a bloodbath. Dow will end down over 250.
Why on earth would you think they won't show? It's Friday, gotta make sure the slaves feel safe to go out and buy buy buy, and everyone knows if the market is up, everything is A-OK...
They are doing a HOLD mode right now even as we discuss, ready to squeeeeeeze the bears at the end of the day as usual, get them in on the bad news and blast them to bits at the end of the day, fresh blood spatter
This may be the start of the drop. where the market dumps 5 percent fast and they take a quick 5 percent or more from the longs by being short. Seems to play perfect into next friday options ex.
You're new at this, aren't you?
Lol
Russell (RUT)is giving up a lot today
Fractional reserve money creation trumps the Fed printing press by a factor of 10.
good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions
GET READY FOR THE 3 PM SQUEEZE! i like my rallies freshly squozen
good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions
Can someone tell me what the volume chart on here is? I can't find it on my bloomberg.
Thanks
Interestingly, Blackstone Group has probably done more to offshore American jobs, destroy American employment and viable companies, all in the self-serving reaping of questionable revenues. Whether it be their infamous advisory capacity to Enron, that Travelport fiasco, their ownership of privatized prisons, their "offshore finance centers" (I suspect we all know what "profit laundering" is at this site), their manipulation of the refinery process, their "reward" with that captive insurance fund (structured as a hedge fund) after 9/11/01, and a host of other activities (of course, Peterson's aptly named "Peterson Institute of International Economics" has done considerable damage in those phony "studies").
not to mention the Peterson Inst. board of Directors -- from El-Erian to Hank Greenberg to Rockefeller and Rothchild and a bevy of visiting scholars such as Roubini -- talk about the Goldman squid
http://www.piie.com/institute/board.cfm
Yea...just ask me...I used to work at Premcor until Blackstone sold it to Valero. Valero promptly fired all personnel in the Premcor CT HQ and added the refineries to their San Antonio ops.
Tyler,
i think you are at least a bit confused about vulume in equities markets. short interest rarely goes above 5%, long interest is always at 100% due to the nature of equity markets.
given the above long bias, it takes very light trading volumes to push prices up, because if something is appreciating, no one is eager to sell it quick. on up days volume is heavy only if there is short covering, or some major news item.
on the other hand, when there is profit taking in long positions, volume tends to increase dramatically, and that takes the market lower as well.
Does anybody know what time 85 Broad, will switch on the market will close up algo?
25 past into the final hour of trading is often their favourite
I'm front running the algo lol.
Hope it doesn't get an error.
**** algo failed ***** Unexpected triple digit number in decline field.
Error.
Ready.
The algo seems to have changed over the last week though, so I would be a bit wary today.
Maybe GS is now short?
You bet. How on earth would they be able to repeat the staggering profits and bonuses for Q3 and Q4. JPM also.
Yeah it will be interesting to see which way in breaks tonight. Another leg down from 995 on the S&P or the standard squeeze up on fresh air.
They are piling out of small and mid caps though and tech too
i went by 85 broad street the other day to take a souvenir pic of cobra command central, but the fucking security guard wouldn't let me even take a pic. i like how there are no signs whatsoever that designate that this is the location of center of evil as we know it.
Currently we're in Opposition to Jupiter.... Monday we're in opposition to Neptune.... bad mojo jojo folks.
Seems like a nice setup for VWAP reversion just in time for the 1pm up-hour, or the 3:30 stick save at the latest.
ah look PPT out now, they had those brakes in dangers of overheating and brake fade with all the smoke, but looks like a bit of time and distance from the numbers and a bit of short squeeze and up we go again.
Move along folks no shorts allowed here, you get your blood drained from you if you go against the PPT
Does this mythical PPT work directly on the market, or indirectly by floating some cash to the big banks?
It is real or just bat-shittery?
This stock market is going to turn around. Just counterfiet money and buy and hold. Hedge funds should be recieving their counterfeit money before long.
i noticed ever since i co-located my dell laptop next to the nyse 2 weeks ago so i could compete with GS, there have been lots of problems with the exchanges. hmmm..maybe i have a virus on my comp. im gonna run ada-ware now. brb.
btw TD...some of your math problems to get a blog posted are quite difficult. lol
What maths problems? I don't see any?
i had to answer this math question to get my blog posted:
What number minus a minus 41 equals 32?
i had to whip out my handy dandy HP41 CX to answer it. lol
maybe not everyone has to answer a math question to post a blog
It doesn't appear on my computer, I just post
it didn't appear on my second post. just the first one.
Oh so if I post as anon I only have to do it once, or even not at all :)
first prize: a cadillac eldorado
second prize: a set of steaknives
third prize: you're fired
New York. August. It was a dog day afternoon.
http://www.youtube.com/watch?v=CYl9nNIoz8o
Their gonna make you beg for HFT
Obama to the IB's: "Turn those machines back on and BUY, BUY!"
has market stalled?
TSX is like paralyzed at this level
NYSE not much better
anyone still there today?
I know, weird isn't it!
sell orders not being executed or something?
isn't this the same way it started last year?
some drip drip drip before the dam burst?
liquidity is still the problem numero uno.
Maybe even the computers take off to the Hamptons early once in a while...
Or maybe the exchanges are broken but they aren't telling anyone till the end of the day and will cancel all the sell orders (as in selling longs, not going short)
I know.....
they as in GS etc are having a conference to decide what to do with all the sell orders and how to get more suckers to buy.
Need an end of day squeeze of course and got to hold a bid under the market to get shorters worried that the usual end of day blood bath is going to happen. and by fooling the buy the dip crowd into thinking it hasn't fallen so they will buy the high priced junk again.
After the blood bath in July, I doubt there's much capital in the shorts.
The market has been reflated with leverage, not with the cash from money market.
Nobody I know, even bullish guys is buying at these levels. Not even emerg. markets.
So.. we have some selling, no shorts and no buying...
Maybe the Goldman boys and girls got their boner-uses today so they can let it fall and short the shit out of it.
Insiders are selling 200 to 1 buy. JUNK bonds spreads widened 3 days in a row.38% fibonacci retrace on the S&P. Rollover about the same time as last year. Profittaking volume may be killing the PPT today as independents got on this bandwagon very late and didn't want to be in this game anyway. So if they are pulling plug, then somehow Goldman will have to be allowed to unload PPT/Tarp long positions. JUNK spreads widening was a precursor to last disaster as it rolled into one bond type into another until the money stopped cold on T-Bills.
Yesterday's volume was so minute-that's another sign no one is interested in being long. The close will be interesting. Even if PPT saves the markets today, the big gap down is a sentiment indicator that people are heading for the exits like th end of a Stones Concert with a fire
the ppt has stepped in for a massive save going
from - 120 to -78 in about 5 minutes....let's
see if they can pull out another 100 points
in the next 5....
that was for the djia of course...
what a save! A Miracle save with SPYS firing on the millisecond buys. 1004 SP-1000 is held
stick save in the last 5min just to close S&P above 1000 level:
http://www.etfdigest.com/members/davesdaily/davesdaily081409_files/image...
just to lure more stupid bulls. John Paulson and his clients love you and your money.