This page has been archived and commenting is disabled.
V'ohlewmm Vapors
Did some Goldman trader have a huge house party bash last night and as a result half of Wall Street did not report to work today? Starting around 10 am today, it appears everyone took one long Starbucks break and never looked back. It is amazing the Dow didn't hit the proverbial 36k.
»
- 5882 reads
- Printer-friendly version
- Send to friend
- advertisements -
See Charles Biderman live on CNBC going well off script, saying the Government may be the mystery market buyer.
Poor Maria , as Mr Biderman continued on, explaining strange low volume up moves & the notorious last half hour ramp ups.
http://www.cnbc.com/id/15840232?play=1&video=1403871403
Maria looked flustered at 1:10! bahaha! great post! thx!
PPT baby!
Yeah, things were subdued today. They usually have a lot more fun at his expense, snickering at his matter-of-fact delivery of... well... the facts. Maria says one of her contributions has been to give the individual investor more data at their disposal. But it's high time to sidestep dear Maria, because she's been bought off. To start, a twitter bar at the bottom of the screen to reveal realtime spiking ESH10 as she's yakking right after the closing bell. And a hack into the CNBS audio whenever the Mystery Buyer is at work with http://www.youtube.com/watch?v=eGPhUr-T6UM .
Way to call Biderman a conspiracy theory for suggesting with cause that the government could be buying stocks to manipulate the market, do they have some sort of contractual obligation on CNBC where if someone says the government is doing something bad that they are forced to call the guy a conspiracy theorist or laugh at them, all it does is make the CNBC host look stupid, no wonder their ratings are tanking, I wonder if they will ever realize how their corporate owners are screwing over their network...if not they'll be lucky to have that E*Trade baby watching their shows a year from now.
The gloves came off right away, when Biderman answered Scott Wapner's question about his bearish outlook with "well, somebody's buying stocks, but we don't know who" and backed up his statement with the disconnect between what he has seen over the years, and what is happening now.
Wapner's attempt to pin the conspiracy theory on Biderman was countered by Maria's positive statement about Biderman's detailed research on tax receipts and fund flows. (Does she see the writing on the wall and knows she may need to go looking for a job soon? Maybe Trimtabs is hiring?)
So, Wapner tries to "push back" and slip in that infuriating "improving economy" crap and Biderman lets him have it with "well, where is the economy improving?" and cites continuing weakening in take home pay and consumer credit.
Icing on the cake was Dean Curnutt's parting shot about buying puts on the S&P.
I'll bet the E-Trade baby is considering a Trimtabs subscription. God Bless You, Charles Biderman, keep their feet to the fire.
Who’s selling Greek CDS? http://ftalphaville.ft.com/blog/2010/01/29/137341/whos-selling-greek-cds/
more vapers
willie
Another important event occurred, this in December. A clearinghouse held a Letter of Intent to supply the London metals exchange with 250 metric tonnes of gold bullion. The contract was interrupted. The method used to disrupt and derail the contract is a story unto itself. Little is known in verifiable form. The point is that London bankers were denied an important channel of gold in supply. At the same time, demands came from private billionaires to take back possession of their gold in allocated accounts.
They are often called in the gold industry the 'sovereigns' politely. When pressed for details, my sources tell of their Chinese background. In recent weeks, the billionaires have been joined by others from Central Europe, in particular from Switzerland. So London is being drained of gold and not being resupplied, from the front door and from the back door. A breakdown is coming, and accidents assured. Gold is the ultimate vulnerability.
It underpins the USDollar, competes with the USTreasury Bond, while the USDollar remains buttressed by the Petro-Dollar defacto standard. That too has been served notice. See the Saudi announcement last May 2009, with Russia, China, Japan, and Germany at their side. Eventually, crude oil sales will not be fulfilled in US$ settlement.
http://news.goldseek.com/GoldenJackass/1265248800.php
ES just reached its 377 min inflection zone of 97.25 - 98.25 ... 98 flat previous real body close. 2 min line of demarcation dudn't come in til 95.25 though.
Geithththner and BS Bernanke SNIFF vapers!
So, all the mola on the sidelines; is it being held out of the market because the Yuan will increase the doelarr's perceived strength making the better buying opportunity afterwords? Or are they waiting for the right time to put it into market, before the unpegging, and if the Yuan appreciates, then we will see gains we have never seen before. Also, if the Yuan loses value after it is unpegged, does that spell deflation?
inflation is running at a 9% clip ... inflation is defined as monetary growth at the expense of out put.
really lol
well, it's WEND, a maintenance day..
NFP should let er rip one way or the other. Which way I do not know.
It would be GREAT if ZH took the time and its exposure to highlight the absolutely ridiculous manipulation through the futures market today between 4pm and 4:30pm.
what manipulation ??
16:09 bar didn't have that much volume.
drop a note here or send me an email if ya think something is there; i don't see anything off the top.
p.s. ES just tagged the 95.25 tgt from hours ago. clockwork (and only 3-4 mins early as per Fibo time cycles ~ random, i'm sure).
The volume will pick up at 8:30 am EST with release of the employment report and the reaction of the near million job loss adjustment. Using the past to predict the future business startups does not make sense in the digital age e.g. video rental stores, music CD's, housing prices.
360.gs username and password (Swieler,FedeRal12) not working anymore any suggestions?