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Stocks Close Down For 6th Consecutive Day: Longest Red Streak Since February 2009, Just Before QE1

Tyler Durden's picture




 

The last time we had 6 consecutive down days was February 13-23, 2009. Which is before March 2009. Which is when the S&P hit 666. Which is when the Fed started Q1. As for the last time we had 5 down days in a row was in August of 2010, just when the Hindenburg Omen was spotted and threatened to undo the entire Centrally Planned house of cards... Which is when the Fed started QE2. Pattern emerging?

The Fed is saying no QE3. Ok. See the chart below...

... this is what it will happen (especially now that Wall Street is fuming the whole debit card interchange fee did not pass as it demanded).

 

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Wed, 06/08/2011 - 16:19 | 1352238 asdasmos
asdasmos's picture

The correlation is so obvious....

Wed, 06/08/2011 - 16:27 | 1352261 falak pema
falak pema's picture

Oh my darling Clementine, Oh my darling QE!

Wed, 06/08/2011 - 21:57 | 1353351 Fish Gone Bad
Fish Gone Bad's picture

Aren't banks just the shit?  Banks give money to politicians, and politicians make sure banks get to make money. 

If any politician wants to make a difference, then treat banks as Andrew Jackson treated them, the vile serpents they are.  Sheeesh!  Grow a spine already.

Wed, 06/08/2011 - 16:34 | 1352302 TruthInSunshine
Wed, 06/08/2011 - 16:34 | 1352315 espirit
espirit's picture

Well, it was a slow day today...

Wed, 06/08/2011 - 16:38 | 1352340 T1000
T1000's picture

It's just not right. It's really eerie here.

Something's fucky.

http://www.youtube.com/watch?feature=player_detailpage&v=41ZEanjORQI#t=44s

Wed, 06/08/2011 - 16:47 | 1352384 Highrev
Highrev's picture

The only problem is that the moving averages don't concurr. ;-)

Wed, 06/08/2011 - 16:57 | 1352419 T1000
T1000's picture

I've seen this pattern before - it's a simple problem of supply and command.

http://www.youtube.com/watch?feature=player_detailpage&v=Jfq3c4Cf1Fs#t=67s

 

Wed, 06/08/2011 - 16:42 | 1352362 rocker
rocker's picture

Looks like a duck too me. LOL

Wed, 06/08/2011 - 16:59 | 1352427 NotApplicable
NotApplicable's picture

A sharting duck at that.

Wed, 06/08/2011 - 16:51 | 1352387 wandstrasse
wandstrasse's picture

I do not see a black swan pattern, nor the famous 'duck' pattern, I see the zodiac constellation 'black hole' (30 Feb - 31 Feb)

Wed, 06/08/2011 - 17:06 | 1352437 Biff Malibu
Biff Malibu's picture

I'd say that's more of a duck...

Wed, 06/08/2011 - 16:36 | 1352310 Black Forest
Black Forest's picture

Which software on which OS did you use to produce the second screenshot?

Wed, 06/08/2011 - 16:36 | 1352333 asdasmos
asdasmos's picture

It is the same as the first one, just mirrored.

Wed, 06/08/2011 - 16:50 | 1352400 wandstrasse
wandstrasse's picture

the second one was made by DaVinci, he foresaw it in the 15th century - or was it the 14th, too lazy to google.. long enough ago anyway.

Wed, 06/08/2011 - 16:55 | 1352411 Vagabond
Vagabond's picture

You need the newest enterprise version of photoshop running on Windows 8.

Wed, 06/08/2011 - 17:26 | 1352524 fuu
fuu's picture

I am pretty sure you can shave a few bucks off that purchase by using Windows Paint Pro v 7.6

Thu, 06/09/2011 - 00:02 | 1353625 The Fonz
The Fonz's picture

That second chart looks vaguely familiar.... lol

Wed, 06/08/2011 - 16:19 | 1352239 ZeroPower
ZeroPower's picture

But, SUM 6+ days up > 6+ days down. 

Whatever, waiting for the crash.

Wed, 06/08/2011 - 16:25 | 1352259 kito
kito's picture

keeeep waiting....

Wed, 06/08/2011 - 16:29 | 1352270 Spastica Rex
Spastica Rex's picture

Long term, the only direction the market can go is up. God wills it. 

Wed, 06/08/2011 - 16:49 | 1352379 Arius
Arius's picture

kito - for their sake i wish you are not gambling w/ others people money...but from your coolness it seems like you are....i hope my reading is not correct...

good luck trading...i know someday you will be right... :-)

Wed, 06/08/2011 - 17:13 | 1352460 ursus.peracto
ursus.peracto's picture

Ahhahahaha. Feed the troll.

 

GOD is long Cigs, Booze, & Halliburton.

Wed, 06/08/2011 - 18:15 | 1352688 Hugh G Rection
Hugh G Rection's picture

Hell yeah, Halliburton and DynCorp.

 

Child sex trafficking is recession proof.

Wed, 06/08/2011 - 16:17 | 1352243 Caviar Emptor
Caviar Emptor's picture

As predicted right here on ZH, for those of you just tuning in....

Wall Street is whining: I want my QE now! By mid summer it will become a full blown tantrum: If you don't give us QE we're gonna blow ourselves up and take the whole economy with us! By late summer, over-indulgent father Ben will announce ice cream for everybody! Yay!

Wed, 06/08/2011 - 16:31 | 1352291 Dr. Richard Head
Dr. Richard Head's picture

I would love for someone to call Wall Street's bluff.  Pop goes the Wall Street.

Wed, 06/08/2011 - 16:42 | 1352364 ZeroPower
ZeroPower's picture

Main st goes down with Wall St. Do the blue collars forget this?

Wed, 06/08/2011 - 16:49 | 1352394 Dr. Richard Head
Dr. Richard Head's picture

While the pain in letting poor investments to be liquidated would surely be a painful event for all involved, the price fixing of overvalued assets is a much longer, drawn-out pain.  Based on what I am seeing, the support for those holders of over priced assets is coming at the expense of those not repsonsible for the problems. 

The former, while painful, will lead to a much sounder foundation for our domestic economy.  The latter is simply robbing the 99.99999% of the population for the benefit of the few. 

My collar is brown actually.  Golf polo......ummmm more of a beige/tan thing going on. 

Wed, 06/08/2011 - 17:35 | 1352551 ZeroPower
ZeroPower's picture

I was never for the bank bailouts as that goes against the free market system which most of us have come to swear by, but i also can't fathom how the largest # of receivers of benefits (low and middle class) from the upper class can be so against the very rich that feed them.

All's good, brown collar = white.

Wed, 06/08/2011 - 18:16 | 1352683 rwe2late
rwe2late's picture

 "benefits" from the upper class: wars, poverty, and imprisonment, the destruction of society and nature. No comprendo? Try reading some Zerohedge articles like:

Will The Banksters And The Corpocracy Eventually Own It All?

“… our formerly great manufacturing cities are turning into hellholes. Handouts do not give people hope, dignity and a future, but jobs can.”

 

Also read elsewhere:

 http://www.globalresearch.ca/index.php?context=va&aid=25126

 

Wed, 06/08/2011 - 19:41 | 1352966 Weimar-eddie
Weimar-eddie's picture

Surely you jest.  The very rich feed them? I think you left out two words - The very rich feed off of them. I have nothing but the greatest respect for people who earned their wealth honestly, whether the work was even hard or not. Dont' ask for respect for savages and barbarians who use their power over the financial and political systems (instead of clubs and axes) to pillage, rape, and steal. Don't act like its base envy that causes people to revile their subhuman existence.

Wed, 06/08/2011 - 20:04 | 1353014 Conrad Murray
Conrad Murray's picture

Main st goes down with Wall St. Do the blue collars forget this?

The economic consequences will be great for both parties. Yes, the lower class will suffer more in the immediate term. However, if the death-grip of the corporatists can be broken, the little guy will have a MUCH better chance at "making it" thereafter. Not to mention the sweet sweet great justice that will be mercilessly handed out to the parasites.

Wed, 06/08/2011 - 16:18 | 1352244 buzzsaw99
buzzsaw99's picture

transitory.

Wed, 06/08/2011 - 16:22 | 1352248 Boston
Boston's picture

soft patch.

Wed, 06/08/2011 - 16:24 | 1352255 Caviar Emptor
Caviar Emptor's picture

Catching it's breath

Wed, 06/08/2011 - 16:29 | 1352273 Dr. Engali
Dr. Engali's picture

Poised for a buying opportunity.

Wed, 06/08/2011 - 16:30 | 1352279 Caviar Emptor
Caviar Emptor's picture

taking a beauty nap

Wed, 06/08/2011 - 16:30 | 1352300 Dr. Engali
Dr. Engali's picture

The pause that refreshes.

Wed, 06/08/2011 - 16:33 | 1352309 TruthInSunshine
TruthInSunshine's picture

A long dirt nap.

The pause that refreshes.

Wed, 06/08/2011 - 16:36 | 1352332 Superslam
Superslam's picture

Green shoots.

Wed, 06/08/2011 - 16:42 | 1352346 augie
augie's picture

pining for the fjords

 

http://www.youtube.com/watch?v=npjOSLCR2hE

This is how i feel. Every day of my life.

Wed, 06/08/2011 - 19:43 | 1352970 Weimar-eddie
Weimar-eddie's picture

He's resting.

Wed, 06/08/2011 - 16:44 | 1352354 hedgeless_horseman
hedgeless_horseman's picture

The trend is(n't) your friend.

Wed, 06/08/2011 - 16:45 | 1352361 Bay of Pigs
Bay of Pigs's picture

remarkably robust

Wed, 06/08/2011 - 16:46 | 1352380 camaro68ss
camaro68ss's picture

Bump in the Road

Wed, 06/08/2011 - 16:52 | 1352392 Bill D. Cat
Bill D. Cat's picture

Buried in the front lawn of Texan mass murderer .

Wed, 06/08/2011 - 16:58 | 1352409 Cheesy Bastard
Cheesy Bastard's picture

Summer of recovery

Wed, 06/08/2011 - 17:02 | 1352438 wandstrasse
wandstrasse's picture

Rome has not been erected within 3 days... is this also an Angloamerican saying?

Wed, 06/08/2011 - 17:25 | 1352532 fuu
fuu's picture

Only costs $5/share to dig up SPY's.

Wed, 06/08/2011 - 21:39 | 1353302 TruthInSunshine
TruthInSunshine's picture

Nothing but blue skies from now on.

Blue Skies - Irving Berlin
Wed, 06/08/2011 - 22:08 | 1353384 cbxer55
cbxer55's picture

Pushin up daisies!  -)

Wed, 06/08/2011 - 16:35 | 1352324 eisley79
eisley79's picture

BTFFFFFFFFFFFFFFFFFFFFFFFD

Wed, 06/08/2011 - 16:51 | 1352388 Hulk
Hulk's picture

RYFB...(refrsh your fucking browser)

Wed, 06/08/2011 - 16:56 | 1352405 SamThomas
SamThomas's picture

That parrot is just resting.

Wed, 06/08/2011 - 17:47 | 1352607 Blotsky
Blotsky's picture

Swamp gas

Wed, 06/08/2011 - 16:23 | 1352250 Texas Gunslinger
Texas Gunslinger's picture

I've also noticed a lot of dogs barking in the neighborhood recently.  dogs always detect disasters before they happen.

Coincidence?  i think not.

 

Wed, 06/08/2011 - 16:21 | 1352258 cbaba
cbaba's picture

Are you paid for each post or daily ?

Wed, 06/08/2011 - 16:26 | 1352276 hambone
hambone's picture

Good TG,

earn your star and try your best to sow seeds of doubt.  Keep alive the meme "this is all quite normal and ZH is filled w/ tin foilers and whack jobs".  Do your best to line up the sheep for their sheering.

Wed, 06/08/2011 - 16:28 | 1352284 sabra1
sabra1's picture

true, few days before fukushima got hit, the cats were acting weird, mentioned to my wife something wicked this way comes! canada far enough, but still weird!

Wed, 06/08/2011 - 16:31 | 1352288 lieutenantjohnchard
lieutenantjohnchard's picture

just curious. in your initial post at zh you said you were referred here by your coin dealer. that was 2 months ago when you came aboard making all sorts of absurd comments. a few days ago you came to the defense of robottrader for something or the other, saying for the past year you had followed robottrader and were tired of folks jumping him. the question is this. which is the lie?

Wed, 06/08/2011 - 16:35 | 1352327 hambone
hambone's picture

shhhhh, just enjoy the troll as is...if you blow his cover then he'll only resurface w/ a new name and avatar.  He offers a great service in what he suggests we not focus upon.  Don't blow it for the rest of us.

Wed, 06/08/2011 - 16:42 | 1352365 lieutenantjohnchard
lieutenantjohnchard's picture

lost my head in a moment of unclear thinking.

btw: do you think some of these trolls are hedge fund employees talking their short book? or just garden variety knuckleheads?

Wed, 06/08/2011 - 16:57 | 1352399 hambone
hambone's picture

So many possibilities-

- folks lost from their usual CNBC reader boards?

- true believers w/ no option but for things to get better?

- government employees busy avoiding real work of shuttling back and forth to break room?

- government ops sent to confuse, spread rumor, and keep tabs on the ZH dissidents?

- Same as previous but instead Wall Streeters " " ?

- True idiots who are just smart enough to really enjoy talking finance and economics but are too slow to catch onto the inflationary trends of the past 100yrs and the impact on PM's, property, the dollar, humankinds?

- Martians?

- 9yr olds having a bit of fun taking the piss out of us?

Wed, 06/08/2011 - 16:59 | 1352414 lieutenantjohnchard
lieutenantjohnchard's picture

i think the survey would say: #1) martians #2) 9 year olds

Wed, 06/08/2011 - 16:33 | 1352304 Ghordius
Ghordius's picture

Sunspots?

Wed, 06/08/2011 - 16:37 | 1352336 eisley79
eisley79's picture

TG, you mad bro?

Wed, 06/08/2011 - 17:14 | 1352462 ColonelCooper
Thu, 06/09/2011 - 00:31 | 1353667 TruthInSunshine
TruthInSunshine's picture
by Texas Gunslinger
on Wed, 06/08/2011 - 16:23
#1352250

I've also noticed a lot of dogs barking in the neighborhood recently.  dogs always detect disasters before they happen.

Coincidence?  i think not.

 

That's just because you should shower more than once a month in that Texas heat. They mistake you for blood sausage.

 

Wed, 06/08/2011 - 16:23 | 1352251 Caviar Emptor
Caviar Emptor's picture

BAC closed at 10.54, exactly half what the Cramer Clown predicted when he had a huge buy on it right at the peak in 2010

Wed, 06/08/2011 - 16:31 | 1352305 hambone
hambone's picture

ummm, I'm not a TA but that chart doesn't look so good...wonder if there are some issues at that bank?  wonder if other banks have similar issues?  This makes me a little concerned for their growth targets!  I wonder if this could imply something more serious?  How could a bank sharing the same name of the country be a bad investment?  America, fuck yeah???

Wed, 06/08/2011 - 16:42 | 1352344 I am a Man I am...
I am a Man I am Forty's picture

Amerika, Fuck Yeah!

Wed, 06/08/2011 - 17:04 | 1352431 A Man without Q...
A Man without Qualities's picture

BofA has the largest book of second lien mortgages.  Any "global solution" to the fraudclosure/ MERS/ general mortgage clusterfuck will require banks to mark down the second liens more than the first.  

As I understand it, BofA claims 97% are current and has peanuts reserved so it will hurt, though frankly any solution that stuck to the letter of the law would simply wipe out the equity.

Wed, 06/08/2011 - 16:20 | 1352253 Fancy Bear
Fancy Bear's picture

Liquidation, bitchez.

Wed, 06/08/2011 - 16:20 | 1352256 cbaba
cbaba's picture

Very Clear..

Wed, 06/08/2011 - 16:24 | 1352257 dollartheque@ya...
dollartheque@yahoo.com's picture

srty:NYSEarca

sqqq/nasdaq

until further notice :)))

Wed, 06/08/2011 - 16:28 | 1352267 BobPaulson
BobPaulson's picture

As much as I love all the bad news, I'd say my head doesn't turn until we start hearing records from before 2007/2008.

If they're waiting for everybody to capitulate and sell low so the insiders can load up the day before the QE3 press conference, my question is who was buying on the last runup? Was it the robot buyers like pensions? Nice of them to rape the old people eh?

Wed, 06/08/2011 - 16:25 | 1352268 Zeilschip
Zeilschip's picture

All I know is we had 8 consecutive down days in October 2008... Nearly -17% for the month...

Wed, 06/08/2011 - 16:30 | 1352298 Caviar Emptor
Caviar Emptor's picture

We're making up for those 15 consecutive up days back in Feb

Wed, 06/08/2011 - 16:27 | 1352282 kito
kito's picture

5 pct drop in 6 weeks, not terrible, nothing to be dramatic about

Wed, 06/08/2011 - 16:38 | 1352321 asdasmos
asdasmos's picture

Just 'keeeep waiting....' for a couple of weeks to pass and then the answer should be fairly clear. (absent more QE of course)

Wed, 06/08/2011 - 16:50 | 1352382 chet
chet's picture

Closer to 7% off the S&P high:  1370 to 1279

Wed, 06/08/2011 - 16:59 | 1352426 kito
kito's picture

sorry--i was referencing the dow

Wed, 06/08/2011 - 16:31 | 1352287 BORT
BORT's picture

Trading desks will now continue to make a profit every day, shorting and winning against the retail

Wed, 06/08/2011 - 16:31 | 1352290 Dr Zaius
Dr Zaius's picture

Six days down is bullish, right? Surely it can't go for seven.

Wed, 06/08/2011 - 16:49 | 1352368 BobPaulson
BobPaulson's picture

Laughed out loud on that one. Thanks for that erudite post!

edit: this was one of my favorite toys in the 70s: http://astrozombies.com/images/products/thumb/potadrzaius.jpg

Wed, 06/08/2011 - 16:32 | 1352293 pdizzle
pdizzle's picture

Jim Rogers just on CNBC, calling it like it is as usual.

Wed, 06/08/2011 - 16:43 | 1352350 I am a Man I am...
I am a Man I am Forty's picture

he was great this afternoon

Wed, 06/08/2011 - 16:33 | 1352296 Superslam
Superslam's picture

QE3 is a fait accompli. Whether the bar is DJI 10,300 (20% correction from 52-wk high) or something else, it's coming. And it's going to be larger than QE2, and maybe even QE1. The only real question now is, What's the hurdle for QE4?

 

 

Wed, 06/08/2011 - 16:37 | 1352313 john39
john39's picture

only if you believe they want something other than an imminent crash.

Wed, 06/08/2011 - 16:44 | 1352356 dracos_ghost
dracos_ghost's picture

I'm not sure about that. S&P 500 maggots have 1+Trillion in cash. Benny might ask for a little love from the cabal and have them step in, otherwise, as the Soup Nazi said, "No ZIRP for you"

 

Wed, 06/08/2011 - 16:48 | 1352390 kito
kito's picture

yes because things alwayyys happen when everybody expects them to happen

Wed, 06/08/2011 - 16:59 | 1352415 asdasmos
asdasmos's picture

Indeed, like the expectation that absent massive monetary stimulus, everything will be alright.

Wed, 06/08/2011 - 17:09 | 1352458 kito
kito's picture

dont morph my point--im not of the belief that everything will be ok. im of the belief that in the short term, corporate health is sufficient to give the market legs (enough to stand, maybe wobble, but not run), and that i dont believe we will see qe3 this year, as the economy will stagnate, trend down a bit, but not take a dive.

Wed, 06/08/2011 - 18:23 | 1352709 viahj
viahj's picture

might i suggest that you go ahead and open your other eye, your depth perception seems a bit off

Thu, 06/09/2011 - 00:14 | 1353642 Oh regional Indian
Oh regional Indian's picture

Perhaps before QE4 is how do they keep the on-going QEx under wraps? As in, when FOIA brings out the stealth payments to Libya and Yemen next year...
ORI

Wed, 06/08/2011 - 16:38 | 1352323 equity_momo
equity_momo's picture

QE3 , 4 5 and 6 arent going to save the stock market. The liquidity trap is sprung and that gurgling noise is the debt monster eating through everything.

Wed, 06/08/2011 - 16:40 | 1352331 TruthInSunshine
TruthInSunshine's picture

Can't Bernankstain just combine QE3, 4 and 5 to save further episodes of 'suspense?'

Keynes Rule of Thumb would dictate that such a combined amount would have to equal, at minimum, 32 trillion bancors.

Wed, 06/08/2011 - 17:01 | 1352423 Franken_Stein
Franken_Stein's picture

 

Hey, that's only 3 tons of gold,

in 2020's dollars, erm ... , Ameros, erm I mean, Globos of course.

 

Wed, 06/08/2011 - 16:39 | 1352345 mt paul
mt paul's picture

Quantitative Enemas

for everybody ..

 

bend over

bytches

 

Wed, 06/08/2011 - 16:43 | 1352366 Temporalist
Temporalist's picture

"Pattern emerging?"

They've gone to plaid!

http://www.youtube.com/watch?v=NP6DXoNKITc

Wed, 06/08/2011 - 16:46 | 1352369 IdioTsincracY
IdioTsincracY's picture

This is the same shit they pulled in the May-June period last year ...

 

boo-hoo ... give us more QE!! Otherwise we will self-destruct!

.....

However the global economy is getting better ... look at that oil go up ... all because of healthy worldwide demand ...

[/Sarcasm]

Wed, 06/08/2011 - 17:01 | 1352421 TruthInSunshine
TruthInSunshine's picture

I'm tellin' ya' that you're on to something.

China is stockpiling the largest amounts of copper everywhere there's warehouse capacity, so they must have an immediate need for it, or they think something bad is on the horizon - and my money is on strong, current, industrial demand, because the Federal Reserve and Austin Goolsby have said so.

 

 

/SARC A SARC A SARCALARK

Wed, 06/08/2011 - 19:47 | 1352977 rocker
rocker's picture

Seems like China is as smart as most on Zero Hedge.  They are buying all the rare earths they can get from Russia and Africa.

They are stock piling PMs and commodity metals.  Sounds like a plan for the future to me.

 

Thu, 06/09/2011 - 00:31 | 1353660 Oh regional Indian
Oh regional Indian's picture

It's actually quite clear that this is war preperation.

Everything is pointing to it, the grand moves are clear to all with eyes that see.

A small incident somewhere, an arch-duke, a prince...someone....

ORI

http://aadivaahan.wordpress.com/2011/06/07/bend-your-mind-around-this/

Wed, 06/08/2011 - 16:47 | 1352373 eureka
eureka's picture

Okay, everyone, while waiting & praying; Poll Time - QE3 at:

A)  Dow 11,000

B)  Dow 10,000

C)  Dow   9,000

Zerohedge readers' probability cunning counts - may advice Fed on timing.

Let's hear it and project it!

Wed, 06/08/2011 - 16:58 | 1352424 There is No Spoon
There is No Spoon's picture

(A) Dow 11,000: about a 15% correction is more than they can stomach.

Wed, 06/08/2011 - 16:47 | 1352383 eureka
eureka's picture

Okay, everyone, while waiting & praying; Poll Time - QE3 at:

A)  Dow 11,000

B)  Dow 10,000

C)  Dow   9,000

Zerohedge readers' probability cunning counts - may advice Fed on timing.

Let's hear it and project it!

Wed, 06/08/2011 - 16:56 | 1352407 SheepDog-One
SheepDog-One's picture

DOW 9,000 is still a bubble. I still vote D), no QE, at least not what the bubble stock crack junkies expect.

Wed, 06/08/2011 - 16:58 | 1352410 Iriestx
Iriestx's picture

A.

Wed, 06/08/2011 - 17:02 | 1352436 hambone
hambone's picture

My vote is C but for what it's worth we could hit all three (A, B, C) in a single flash crashian day and only be saved by the grace of Ben's gossamer quantitaativity.  Thank heaver for our little bearded savior or things could get really rough!

Wed, 06/08/2011 - 16:58 | 1352422 SwingForce
SwingForce's picture

I miss the QE Bears. I need a new bedtime story.

Wed, 06/08/2011 - 17:04 | 1352441 IdioTsincracY
Wed, 06/08/2011 - 17:09 | 1352439 Highrev
Highrev's picture

QE3 won't be needed.

Productive assets are win-win. They'd do well in both a QE3, as well as a non-QE3, environment (given the current situation).

What else can you say that about?

Since TPTB don't want rising input prices or rising interest rates, there will be no QE3, but that's not going to be a problem for stocks in general.

TPTB do want rising equity prices, but since it will be the only game in town and it won't be needed, why bother?

But first they must break input price inflation's back.

What once was an "all ships rising in a rising tide" environment, will become a stock picker's market, and gold will retreat to 800 USD inside of two years.

 

 

Wed, 06/08/2011 - 17:09 | 1352459 topcallingtroll
topcallingtroll's picture

Dont let anybody hear you say 800 dollar gold.

Wed, 06/08/2011 - 17:12 | 1352468 1911A1
1911A1's picture

How would productive assets do well during deflation?

 

Wed, 06/08/2011 - 17:17 | 1352483 Highrev
Highrev's picture

Deflation is relative, and with the ocean of liquidity out there, I'm going to say that casualties will be limited to individual entities and that systemic collapse is a very low probability scenario at this juncture.

Add: which means that cash rich, self-financing entities will march right along.

Wed, 06/08/2011 - 19:04 | 1352881 delacroix
delacroix's picture

Name 1 cash rich, self-financing entity

Wed, 06/08/2011 - 19:40 | 1352956 dracos_ghost
dracos_ghost's picture

Anthony Weiner.

Wed, 06/08/2011 - 21:42 | 1353312 topcallingtroll
topcallingtroll's picture

Physician offices
Small boutique farms supplying.high end urban farmers markets
No name mexican restaurants

My roofing company

Wed, 06/08/2011 - 18:57 | 1352845 topcallingtroll
topcallingtroll's picture

productive assets producing stuff with inelastic demand.

Wed, 06/08/2011 - 17:21 | 1352489 Bay of Pigs
Bay of Pigs's picture

Tell me you're joking, right?

Wed, 06/08/2011 - 17:46 | 1352600 eureka
eureka's picture

And in this/your picture, what happens to jobs and home prices?

Since Tea-Party pleasing Republicans screams cut everything, where is the stimulus for job-creation and renewed home price inflation going to come from?

Certainly not from the US/Globalist corporate cash stash - and thus the peace of the land, which is necessary for "stable"/pumped equity prices is void and null. 

Or, do you see other magical events "lifting ALL boats", incl. working class dinghys?

Wed, 06/08/2011 - 17:12 | 1352449 firstdivision
firstdivision's picture

Tyler, why no chart of the wild ride in AH on the ES?

Wed, 06/08/2011 - 18:54 | 1352833 Village Smithy
Village Smithy's picture

Seriously, wtf was behind that manipulation, and with pretty strong volume for AH.

Wed, 06/08/2011 - 17:12 | 1352450 Cone of Uncertainty
Cone of Uncertainty's picture

Bernanke ballwasher Steve Leisman talking out of his fucking ass, claims stocks are not falling because of bernanke's market manipulation scheme ending.

What a fucking douche:

http://www.cnbc.com/id/43325951

Wed, 06/08/2011 - 17:15 | 1352466 ursus.peracto
ursus.peracto's picture

Long Groupthink.

Short Originality.

Wed, 06/08/2011 - 17:23 | 1352494 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:21 | 1352499 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352500 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352501 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352502 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352503 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:21 | 1352504 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352505 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:21 | 1352506 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352507 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352508 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352509 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352510 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352511 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:21 | 1352512 Highrev
Highrev's picture

PATTERN: : a reliable sample of traits, acts, tendencies, or other observable characteristics of a person, group, or institution <a behavior pattern> <spending patterns>

 

Is a reliable sample comprised of 2 data points?

Now IF we get a third, then maybe . . .

 

Wed, 06/08/2011 - 17:21 | 1352513 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352514 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:21 | 1352515 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352516 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:25 | 1352520 Ripped Chunk
Ripped Chunk's picture

No QE III, no stock market.

See ya jerk offs.

Wed, 06/08/2011 - 17:24 | 1352528 Highrev
Highrev's picture

You can stop hitting Save now.

Wed, 06/08/2011 - 17:35 | 1352563 Ripped Chunk
Ripped Chunk's picture

You can stop rubbing your dick now. The thrill is gone (so to speak)

Wed, 06/08/2011 - 17:40 | 1352586 Hulk
Hulk's picture

He may have passed out on his keyboard...

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