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What goES Up, Must Plunge Down

Submitted by Tyler Durden on 03/15/2011 18:44 -0400

And just as the regular traing session, which is now obviously composed exlusively of the occasional bipolar lunatic and a whole lot of 'buy only' algorithms, levitated stocks above the inferno of Japanese reality, so the after hours session provides a convenient buffer for all those who have access to daily ES trading to take advantage of old mom and pop who are stuck with their IBM shares until tomorrow's gap down, and reintroduce gravity to the equation. Behold afterhours futures trading, er, sliding. Japan opens in an hour and a half. Bring your fireman's helmet.

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Tue, 03/15/2011 - 20:43 | 1058104 Deathtöngue

Yeah, 2 year long bull market. Really a sinking ship.

Tue, 03/15/2011 - 20:53 | 1058171 equity_momo

A bull market if you price it in paper dollars. A total calamity of a market if you price it in anything important.

Tue, 03/15/2011 - 20:08 | 1057969 tallen

http://www3.nhk.or.jp/daily/english/16_13.html

Tue, 03/15/2011 - 20:12 | 1057979 TINN

Comments:

1. ZH attracts smart people.

2. Smart people are often bordering on insanity.

3.The world is going through some serious changes.

4. For the first time ever I saw a Norwegian finance net paper actually quoting ZH today and I feel obliged to report on that. I have no idea what it means (e24.no).

5. A soothing song for troubled times would be: Biosphere - Kobresia

6. ZH should really have a contact address.

Tue, 03/15/2011 - 22:09 | 1058482 CD

Welcome on board, TINN. If you think THIS is bordering on insanity, look at some of the previous posts/conversations:

Best of 2009 (I miss Marla...)

Most read articles in 2010

I met a cool Norwegian guy in Central EU last summer; when I asked him if he'd heard of ZH, he looked at me like I'd grown an extra head -- "Of course! Read it all the time." ZH is now being quoted and/or referenced on CNBC, WSJ blog, Financial Times, and (apparently) on Glenn Beck's radio show.

You can reach Tyler et al. at tips (at) zerohedge dot com or his first name (at) zerohedge dot com.

Wed, 03/16/2011 - 01:45 | 1059503 Abiggs

"1. ZH attracts smart people" - fail

You're just a couple of years late to the party; most of these "smart people" have mostly moved on...

Wed, 03/16/2011 - 04:17 | 1059715 NewThor

Screenshot or it didn't happen.

Tue, 03/15/2011 - 20:10 | 1057985 papaswamp

fear not!!!! Nikkei opens up 2% as the Japanese have discovered The Benankism that bad news means good news (even disastrous news means good news).

Tue, 03/15/2011 - 20:17 | 1058004 gimli

I hear that the michigan consumer sentiment index will be polling in Japan next month --- even if their phones and internet aren't working

Tue, 03/15/2011 - 20:17 | 1058003 RobotTrader

Sheesh, some of you guys have no sense of humor.

I try to lighten it up around here with the absurd and the ridiculous, just to mix it up a bit....

Come on guys, what is wrong with having a little fun and poking and jabbing at all the dip buying monkeys, the Monster Energy swilling mo-mo players, the perma-gloomer bunker inhabitants, the Wall St. PigMen, the clowns running the Fed, etc....

Heh, nothing wrong with a good laugh now and then....

Oops...

Here come the "Flying Dip Buying Monkeys"....

LOL...

Tue, 03/15/2011 - 20:27 | 1058040 lieutenantjohnchard

oh i see. smearing jim sinclair, eric king, max keiser, nic lenoir and rosie was your way of having a little fun.

Tue, 03/15/2011 - 20:42 | 1058098 jomama

we can safely assume you didn't get the joke.

Tue, 03/15/2011 - 20:53 | 1058173 lieutenantjohnchard

exactly. i consider myself a man that loves a good joke. but i've failed to see his humor.

Tue, 03/15/2011 - 20:59 | 1058212 PhattyBuoy

I hear the Aflac duck needs a new "voice-over" ...

Tue, 03/15/2011 - 21:03 | 1058232 eddiebe

Has it ever occured to you that maybe people that sell equities and commodities and buy paper ARE dips?

Tue, 03/15/2011 - 21:07 | 1058237 EvlTheCat

I for one can't imagine this site without all its unstable children. People calling for censorship of member comments because they do not agree with an opinion or content really need to find their way back to the Huff or Newsvine.

Tue, 03/15/2011 - 21:06 | 1058239 TheGoodDoctor

It's because you only come out when things are going your way. Where were you when gold was $1445 and silver was $36.50?

Wed, 03/16/2011 - 01:33 | 1059461 RockyRacoon

There does seem to be a pattern there. Just sayin'...

Tue, 03/15/2011 - 23:55 | 1059166 Shell Game

Lovz ya, man. Keep rufflin' feathers. Funny, for an outside-the-box, anti-establishment, civilly disobedient site, there are quite a few here who require a certain way of thinking and a certain way of expressing it.

Tue, 03/15/2011 - 20:22 | 1058023 moonblue

bipolar lunatic is not a nice thing to say...

Tue, 03/15/2011 - 20:26 | 1058046 DeweyLeon

"...perma-gloomer bunker inhabitants..."

They're not bunkers, they're retreats.

Tue, 03/15/2011 - 22:19 | 1058642 Rodent Freikorps

The rich, with good PR skills, call them wine cellars. Very strongly made wine cellars...

Tue, 03/15/2011 - 20:53 | 1058174 jackinrichmond

that giant suction sound you hear is the sound of japanese wealth going home. how much QE2 is left in the kitty ? before this turn of events, i remember reading that they only had $81B of the $600B left to spend.. i wonder how many japanese dollars they will have to replace.. and one less big player buying treasuries (now PIMCO & Japan are out of the picture)..

what a mess ... they won't make it to the end of June

Tue, 03/15/2011 - 21:00 | 1058218 bigredmachine

is this the redneck edition of zh ?

Tue, 03/15/2011 - 21:12 | 1058289 EvlTheCat

It's the WWE Smack Down, Monster Trunk Rally, NASCAR Edition.

Tue, 03/15/2011 - 21:54 | 1058253 Miles Kendig

As Japan adds chum for the chums of the shark class

http://www.youtube.com/watch?v=mWLO4acMTCM

Tue, 03/15/2011 - 21:11 | 1058285 Randall Cabot

Happening Now: White smoke seen coming from Fukushima Daiichi plant: report

Nikkei up 6.25%:

White smoke good for stocks

Tue, 03/15/2011 - 21:18 | 1058311 EvlTheCat

It's the same way they pick the Pope. What is good for the Catholic Church must be good for the StOcK MaRkEt. Next thing we know will be hearing that Chairsatan is molesting alter boys.

Tue, 03/15/2011 - 23:51 | 1059171 NewThor

The only thing Bernanke fucks is Earth.

Tue, 03/15/2011 - 21:17 | 1058308 DJ13Francis

I wrote this today - It's called, "Told you so"

As the world around us crumbles

Torn down by the rushing wave

What you thought was good is gone

Find that you’ve become a slave

You will come to realize

That you should have stood for something

Might have played a part to stop it

Now regret that you did nothing

I imagine that this feeling

Likely could not be more low

But hell I’m gonna make it lower

Because I fucking told you so

I told you the collapse was coming

Told you bout’ the lies they sold

Told you to get rid of dollars

And to buy silver and gold

I told you that the fix was in

Told you that it all was through

Told you that this shit was coming

And that Jesus would not save you

Told you that the sky was falling

Chicken Little I was branded

I was cast out to the desert

Naked left alone and stranded

So forgive me for my anger

At the way that I was treated

All of them can rest in peace

Gone to someplace super heated

Good news is there is a way

That you can escape this fate

Get your ass up off the couch

Do it before it’s too late

Davidjamesfrancis.com

Tue, 03/15/2011 - 21:29 | 1058385 CitizenPete

C D G

Em A D

C D G...

MB on YT this week.

Tue, 03/15/2011 - 21:30 | 1058400 Timothy

JUST BUY SILVER - And shut the fuck up about peaks and dips.

Tue, 03/15/2011 - 21:36 | 1058426 Slipmeanother

Pandas are long on bamboo

Tue, 03/15/2011 - 21:37 | 1058429 Slipmeanother

Pandas are long on bamboo

Tue, 03/15/2011 - 21:46 | 1058471 bigredmachine

New theme song for zh. Lunatic Fringe by Red Rider. cool name huh

Tue, 03/15/2011 - 21:45 | 1058473 bigredmachine

New theme song for zh. Lunatic Fringe by Red Rider. good name huh

Tue, 03/15/2011 - 22:03 | 1058544 earlthepearl

It's green now....

Tue, 03/15/2011 - 23:55 | 1059184 Abiggs

What goES Up, Must Plunge Down

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