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What Is This V'ohlewmm You Speak Of?
Gee, channel break out... on negative trendline volume. Where have we seen this algo driven market before? Yawn. Wake us up when one SPY VWAP order can move the market 10%.
In the meantime all other signals are rolling over...but not them stocks. After all there is another complete lack of volume day to take advantage of. Why not just push the market a little higher on another 5k block courtesy of JPM and trigger all stops.
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There's a lady who's sure
All that glitters is gold
And she's buying a stairway to heaven
Stairway to Heaven faustin - I like it. happened to look at the lyrics and there is another riff that, well, hmm...
"And a new day will dawn
For those who stand long
And the forests will
Echo with laughter"
Spooky!
Does anybody remember laughter?
Man you guys sure make me laugh here. I swear it gets me by while looking for work and reading about how bad it is. Thanks! :)
It means she hasn't "bought it" yet.
I've seen this day ... almost evey day... in 2009.
Yup, the trend is your friend.
Don't trade against the Fed and a printing press.
Valuations mean nothing. This is 2010 and all bets are off.
Does this type of analysis hold any value whatsoever? I remember reading about the "broken" market since April, about "skewed VWAP" and "dark pool HF price manipulation". When will this non-sense fuss about nothing stop?
Probably when the 'nothing' turns out to be 'something'.
The " something " that Krazy-glued the market back together last April was FAS 157. Banks began booking profits and marking crappy assets to infinity.
If ZHers are guilty of anything, it is their subconscious belief that surely there is somewhere down the line where markets return to the amoral norm and shed the corruption and government sanctioned distortion that makes rational valuation impossible.
We're approaching the end of Phase I. Bankers were the market buyers in 1930, suckering along the players and gamers with distorted valuations. That worked until it didn't, the REAL crash ensued and lasted a very long time. We're late, but right on schedule.
I wonder how many other godfathers are out there looking for the final slaughter.
ES is coming up to supply zone (1100/1097) so will that tempt the Vol sellers out...?
It would seem to me that anyone with a significant amount of capital could defeat these machines handily
Why? Because you're on the wrong side of the trade? I hate to break it to you John, but they don't have to defeat the machines. Think about it, then write back.
The capital is behind the machines.
Come on Tyler. If the stock market was manipulated, Hank Paulson would have said so in his new book, "Why I'm a Saintly, Praying Christian, and Other Stories".
"They got tha vapas."
The hype has commenced btw.......
For real though, this was cute the first few times this was posted, but now it just seems like TD is a burned bear.
Patience grasshopper.
No reason to stop telling the truth are there ?
Being correct and ignored, shunned or despised doesn't change the fact that you're correct. Tyler is simply pointing out the obvious manipulation on low volume. Don't mistake critical observations with being negative or representative of Tyler's current investment position. There is more to investing than drinking the Kool-Aid. I think your comment reflects your bias, not Tyler's.
And who says "we" aren't playing this bounce to the upside and making money while we complain? I would rather understand where the manipulation is originating from and the effects it has than to invest using the " dope hope" button, praying to the stock Gods that the Ponzi continues to push the markets up.
But then that opinion reflects my bias, doesn't it.
Good post. Glad that somebody gets it.
I wish you well on 'playing the bounce'
Dude, don't you trade? Haven't you played a trade for a day or two. I'm not married to my positions. The MACD and other indicators bottomed on Friday. It was time to play the bounce. I think we have a day or two more until Jobs Friday but I have money in my pocket now and can leave at any time with profits if my trailing stops get hit.
It's called trading.
Notice the name ... they call the 'Sell and Hold Guy' ... I do trade but very gingerly ... covered and went long at 1068.50 out at 1082
Very well said
as always, well said CD. +100
Here is a video of the mainframe running the stock market. It's been programmed by Goldman Sachs. Called," Colossus HFC."
The computer mentions debt if you listen closely. This is your world and welcome to it:
http://www.youtube.com/watch?v=-RdHuCyjqKw&feature=related
I played the clip and I heard the word "debt" as promised. Interesting. Same problem, different day.
How did I miss this film in 1970? Oh...........now I remember. Or more accurately I don't remember. The late 60's and early 70's was the flower child, free love, communal living, drug induced stupor period of my gestation from child to man. The (bad) acid trip flash backs are the only residue from that time.
Just put the film in my Netflix queue. Thanks for the tip.
Filmed in Berkeley(the home of drug-induced stupor), at the Lawrence Hall of Science.
War and Debt-Slavery(Iceland versus UK)-2 wonderful attributes of kleptocractic governments
Just imagine....with this kind of volume, the thing has
no real support until what? .....a couple of thousand
Dow points? Bwahahahahahahhaha...i want Chinese solar
stocks.
This is a mere retracement in a downtrend. Profitable shorts are getting stopped out as they successfully rode this last down leg. Others are stepping into buy or fade the prevailing trend. I don't think it is necessary to attribute all market action to HFT. Pick up a basic technical analysis book and it will tell you that retracements (on low volume) are part of normal market activity.
ZH's "broken market theory" and "manipulated HFT fueled rally" reminds me of Bob Prechters "tidal wave" that was supposed to take the Dow to triple digits in 1995. It sounds spectacular and may attract college kids to conspiracy blogs, but the value for trading real money is zero. Keep screaming fire though, somebody has to wear the clown mask.
+1
If you are so clever, why are you merely mocking ZH as opposed to presenting an alternative "reasoned view".
Clearly, you have the time, as i see you have spent much of you very busy morning mocking the posts on this site.
There have been a number of persistent posters lately that for the life of me I cannot figure out why they bother - posting in ZH constant defenses of the Vampire Squid, for instance - that almost has me thinking that people have either been assigned or "encouraged" to post along those lines. Either that or the supply of opinionated a-holes is on the rise (aside from opinionated a-holes like me, that is.)
Black bag Psyops. Always maintain a presence on the contrarian web sites. These posts are not for our consumption. They are here to keep the meek sheep who happen to stary into this pasture from wandering too far.
If I'm still pretty much under the thumb of mind control but having some doubts and looking at alternatives, it doesn't take much to snap me back into my slumber. Remember, I'm looking to be convinced. If I find this disinformation in this pasture just like I find it in my pasture and I really don't want to believe what's being said on ZH, then it's actually comforting to see these contriaian views being "debunked" by posters like this person.
Remember, these posts have nothing to do with convincing us, it's to convince the stray sheep they've wandered too far from home, nothing to see over here, just a bunch of crazies. This is pure Psyops 101 right out of the CIA/NSA manual.
Excellent except for the last paragraph. Just mentioning those agencies, even in the right context, like you did, is enough to be flagged as a crazy conspiracy theorist. Skip it next time and you might save at least one sheep.
No, he would still sound crazy.
If a person is so frightened by a reference to the CIA/NSA that they'd pull their head back into their shell, they're so far into the Matrix there's nothing I can do to pull them out. I understand the value of moderation but they won't find it on ZH. No amount of pleading, cajoling, sweet talk or candy will entice them out if they don't want to come out. People must understand mind control and propaganda and where it comes from.
The problem is that there is a huge learning curve dead ahead. Combine this with the truck load of myths and lies that need to be discarded and many people are just not willing to walk the walk. Some people are so engulfed in the Matrix that it's better if they stay plugged in and oblivious. There are plenty of others who need help moving up the learning curve.
Find yourself, then find the others. Don't waste your time trying to convert the hard core when there are so many other people who really do wish to exit the Matrix. For some reason, we feel we must save the people who have already drowned when there are so many others who are almost out and just need some encouragement.
If people still believe the CIA/NSA are the good guys, they ain't coming out anytime soon and nothing I say will make a difference. I have family like this and they're convinced they know what's going on and they read ZH to reinforced their belief system. It's conforting for them to read the crazies. It helps them ignore the insanity because it feeds them what they want to hear. That's what those posters are for, to drive my family back to their cocoons.
1. The Matrix is a (10 year old, unoriginal, dull) movie.
2. If you think people who post disagreements with your view are CIA agents, get help.
I am a 'gold bug' and it sounds to me like you are eye-rolling mad.
How wonderfully original of you to post your bullet point by bullet point rebuttal. You must be from the CIA. :<)
1) What ever floats your boat. The Matrix (which is 11 years old but who's counting) was one of those movies people either hate or love. You obviously hate it. Know I know what not to give you for your birthday.
2) I don't think people who post disagreements with my view are CIA agents. In fact, the poster didn't disagree with my post so I'm not sure what you're talking about. How you can come to that conclusion is beyond me but whatever floats your boat is AOK with me. I was making a general statement about disinformation posting by disinformation specialists. Yup, they even have a title.
But a little research on my part reading posts you've made in the past tells me you say this often when the subject comes up. At least you're consistent. But I'm curious why this subject seems to push your buttons.
If you were inclined to do a little research into Psyops, what I describe is directly from the Psyops 101 playbook practiced the world over. Anyone who thinks the CIA/NSA (or their contractors) don't troll these types of web sites posting disinformation is either smoking the good stuff or fully mind controlled.
Finally I'll take note that eye rolling and mad are now linked. Looks like my recently departed mother was eye-rolling mad because she was an extremely active eye roller. And here I thought she was just disgusted with my stupidity.
:>))
Spike in A-holes. LOL. A sure fire topping sign to me.
Then what, may I ask brings you here? If you don't or can't see value in facts being presented showing that the rally as delivered has been based on no volume, jamming of junk stocks then by all means go all in and don't look back. If however, you'd like some insight so you don't get caught unexpectedly when the potential shit hits the fan then continue reading.
I love the site, I just don't understand how anybody trading or a living can gain any insights or even make money from these conspiracy theories. If you can, more power to you.
Make money? What for? We're all academic types here. You know, like that guy who runs the Fed.
It has always clearly stated the trend...if you actually listen it will help you not lose money which might become even more key yet again. I've never read anything here that said you couldn't participate in the power jamming ride -- just a lot of info on how to make sure you know the ride may screech to a halt at any second which could mean being torpedoed to your death if you haven't fastened your seat belt. Not to mention, why do you come here for trading advice anyway?
If you can't understand the value of this information then you are clearly not a forward looking individual and had better be a world class technician...
You are correct: the right trade since March 09 has been to be all in baby, and waiting for Armageddon has been quite a drain.
I would suggest reading The Black Swan if you haven't already.
I think one would use this a data points to determine a longer term view of what's going on. This is once you could get passed the issue of what's happening in the present. This site is valuable to the extent you could get some meaningful facts that populists would rather not address. Remember, the next 20 years will be diffferent than the last 20 years and an investor must prepare for that effectively. This site, among others, helps provide numerous views that give you some clear facts about political, fianancial and technical issues and activities.
You can't trade of this stuff but you can make money if you're smart but it will not be instant gratification.
Do you actually trade based upon what someone else wrote on a website?
Funny that when an alternative information sight starts to get it right and open peoples minds how the COINTELPRO attacks become more frequent and aggressive. Take all things for what they are and do you own research.
And tie up your goat, the trolls are hungry.
It all works until it doesn't. How well do you think the supposedly 'not broken' market (recovery, currency, economy) will survive an unpredictable negative event? Are we really firing on all cylinders? Or just one, using borrowed vapors and a worn piston?
Andy,
Nice to see your smiling face.
I spooled up "Shawshank" again this weekend and once again enjoyed it immensely. I always get a little bit more out of that film every time I watch it.
http://www.imdb.com/title/tt0111161/
Dow 36,000. May God(fader) help us!
yea, but they can do this for 2 weeks. Same shit different day. Market goes down one day on huge volume, then up for weeks on little volume...Oh isn't this fun....
TEXT-S&P says PNC rtg unaffected by sale of group
Tuesday, February 02, 2010 1:19:57 PM (GMT-05:00)
Provided by: Reuters News
(The following statement was released by the rating agency)
Feb 2 - Standard & Poor's Ratings Services said today that its ratings on PNC Financial Services Group <PNC.N> (PNC; A/Stable/A-1) and its principal banking subsidiary, PNC Bank N.A., Pittsburgh, PA are not affected by the company's announcement to sell PNC Global Investment Servicing as part of a broader strategy to raise capital to redeem $7.6 billion of preferred shares under the U.S. Treasury Troubled Asset Relief Program capital purchase program.
In addition to the asset sale, which will contribute $1.6 billion of tangible capital, PNC announced its intention to raise $3.0 billion of common equity and up to $2.0 billion of senior debt at the holding company.
We believe these actions are consistent with the company's stated strategy of strengthening capital and maintaining strong liquidity. PNC has also strengthened the quality of its capital base. We expect its pro-forma Tier 1 common ratio to increase to 8% as of Dec. 31, 2009, from 6%.
Where is Benjamin Dover when you need him?
I think you have to ask yourself, if all the economic troubles were fixed tomorrow (deficit spending, QE, inflation, etc.) what would ZH have to write about? Let's say unemployment truly improves, would ZH write positively about this, or come up with other theories that will dispel the numbers? If so, then wouldn't the readership dry up if all the economic data truly turned positive? It's funny how posters here talk about the mainstream media shouting propaganda, but isn't ZH just another form of the such? A one-stop hideout for bears, hedgies, and D. Rosenburg who missed the March 2009 bottom and got liquidated?
I personally love the site and am an avid fan, but this site has started to go towards the deep-end full of gold bugs and Elliott Wavers who think the S&P is going to lose 50% in one day and Gold is going to $25,000 an oz, all within the next 24 hours.
Like I said, these articles were cute the first dozen times around.........
Have you always wanted to be a Politician? You'd be a good candidate.
psyop lite - 2 words: cass sunstein
You could have made the same remarks about the comments on the housing market a few years ago. The people on this thread have a habit of looking past the numbers to get to the truth hidden in them. If you don't care for these threads that attempt to understand the nature of the upward trending markets, then I can't understand why you visit ZH because it's what the site is about.
I'm saying let's pretend the economy gets better and people go back to work. We see real organic growth. Will ZH fight the trend and make snide remarks about the recovery the whole way up?
Let's say Obama "see's the light" and says he'll immediately stop deficit spending. Would ZH even run that story? Is ZH just reporting to get readership up? Seems like it to me...
Are you reading what you write?
There will always be corruption to report on and I hope ZH will be there. Yes, they are in business and maybe they just love the shitstorm. But so what, read what you need and try not to bleed (dollars, that is).
It beats the shit out of CNBC, Bloomberg tv and any blogger trying to be smart but not ruffle any feathers.
The way I see it, ZH is here to promote critical thinking (anyone who buys or sells off what they read on a website without doing their own research deserves to lose their money). If you don't care why the market goes up or down then close your eyes and buy or sell.
Simple, if you understand the mission of ZH. It is (IMO paraphrased/simplified and based on discussions with them) truth, freedom and the betterment of society as a whole. If something good happens they will praise it. Till then (since nothing good has happened) they will continue to fight the good fight. Yes, they even fight for misunderstanding individuals like you. We are all one. Sadly you are to ignorant (good example of who they need to fight for the most) to get this.
I've reached many of my bearish expectations long before ZH and despite these expectations, I've dramatically outperformed all the major domestic stock indexes over ten years. I was able to do this because I developed the habit of drilling into global economic data and determining what was really happening. The smart folks on ZH have allowed me to broaden my focus and to test my ideas on some very, very smart people - many of whom disagree with my ideas.
Clearly you don't understand economics and markets because you can never just "see the light". There are unintended consequences of a generational misallocation of capital to consider which means that first derivative changes, like the ones you mentioned, are wholly inadequate for changing the structure of our economy for the better. If sites like Marketwatch and Yahoo are better fits for your perspective, then perhaps you are in the wrong place.
If the economy REALLY gets better and people start going back to work, the oil price will spike again and the economy will crash again. Rinse, repeat.
people obviously see ZH differently. for me its a site that sees the whole economic/monetary fiasco as something that has an ending and because of human nature and the desire to control it probably wont be a pretty one. thats not doom and gloom after all before you can build anew you have to destroy the old.
so, when people post comments reinforcing the 'status quo' or espousing msm theory then i think they don't 'get it'.
comments like " Will ZH fight the trend and make snide remarks about the recovery the whole way up? ". means you don't get it.
Great points boiow,
I'm bearish because I have to be not because I enjoy it. The more people on ZH can protect their capital, the more involved they/we will be in the recovery.
This been played over and over again. Tank the market when there is nobody buying for a long time,accumelate,buy futures at night and push the market higher through the tripple etfs. And of course after a week of decline somebody is going to buy. Wait for sometime untill people get complacent again,and tank the market again. My only problem,is that I bought at 1150 and didn't buy again at 1075;result was a quick loss of $ 1 k. Not bad for a couple of days of work,being stubborn for not using stop loss. It is not'the trend is your friend" anymore,it is the "stop loss is your friend"(lol)...
To all the bulls who think they are skillfully making
money while playing in traffic.....you know, one of
these days, they're not going to let you out. She'll
open up well below your stops. It's happened before.
I share this view as well. Folks who subscribe to a crash in the near future but also hold long positions as short term trades are playing with fire... The market is full of people with stops that think they'll get to the exit first.
Back and forth...
The market will crash the day that TD declares he's bullish on America.
The day that ZH and 99% of all posters here are celebrating yet another DOW milestone.
That's the day when it will crash.
Psy ops and propaganda are nothing new to influence the sentiment of economic activity.
When the last bear standing starts dancing with the bull, the time has come.
Given two major crashes in the past ten years, one would have to be pretty shallow to denigrate the expectations of others for a third crash.
Geez you guys are worse than the folks on the Yahoo and Marketwatch boards...
You must miss those boards. What got you banned over there?
Everthing's coming up roses and we'll survive. However,
the market is not an investment anymore, it's strictly a daytrade to scalp some coin.
Chinese solars....let me at 'em. Fed's got my
back.....why they don't just pour the cash directly
into my pocket fromy you sucker taxpayers, I don't know.
What's not to like with a 20 P/E...no growth, massive
debt, and chronic unemployment? Clearly the bulls are
onto something here.
hey maybe the no volume stock move is the newly dubbed 'blackrock' effect? according to the latest 13G filings - blackrock has a 5% ownership stake in 1800 US equities..... things that make you go "hmmm"".
According to "the Mootley fool", this is the result of a BAC survey of the rich people:
"A recent Bank of America survey found that a bunch of wealthy Americans have been changing their ways. Among other alterations, they're:
•Giving less to charities
•Cutting back on personal luxuries
•Investing more in their 401(k) plans
•Delaying retirement"
But aren't point 3 and four contradict each other?. I mean you invest in your 401 k so you can retire(and hopefully early because of your investment). However,now Bac finds that people invest more and retire later?I don't get it.Ops,I forgot. I guess the individulas are delaying retirements and investing more, so Mr. Lewis can retire early!!!..
Not if 1/2 of your 401k has been turned into TP. But it seems as if they are throwing good TP after dirty TP.
I have to agree with Cyan. This blog has it's share of Gold bitches who are willfully cheerleading a Gold breakout to $6,000/oz. Pure speculative bubble-pumping.
If the markets correct, the dollar will shine, as a flight to safety will occur. The only thing that will bring the Gold bugs wishes to fruition is complete global economic collapse, and we were close once already with Gold only moving some 30%.
Whether the people here want to acknowledge it or not, the US gov't is controlling the global currency trade, gold, and equities markets. Wanting equities to collapse, and Gold take off, are two inconsistent events. They can't happen together.
you can only buck the markets in the short term.
Whether you want to acknowledge it or not, the government can't control the economy forever. They're painting themselves into a corner. Either they will slip up, or an event outside of their control will occur, sooner or later, to push things over the edge. To ignore this possibility is to increase its impact when it happens.
I just ain't brave enough on no volume to think I can sell the overpriced stock I buy to a bigger fool. Valuations
are pretty hilarious.
Step up....one and all, and pay a 20 multiple for
something worth a 10 multiple in our no growth, slow
growth world. Japamerica.
Look at all the mundane companies in the S&P with growth priced multiples rather than value priced multiples, and that aren't growing anymore. And the street wants
to sell you this crock. Even the daytraders have to hold
their noses.
There were near volume nulls on the /es for three straight minutes during the last trading hour. Little wonder they ramped it up some more. If they weren't pumping, there would almost be no volume at all.
I have been trading minute by minute since 1999 in ES (I've gone through 4 pairs of glasses) ... In the last 9 months I have seen things that are absolutely new and unique ... the instant appearance of the 1,000 bid orders at just the right time to support (and drive up) price, followed by 100 lot buys at the ask price ... then rise of 1-2 points and then the reverse.
Where is the CFTC, this IS market manipulation.
Hello good sir, i enjoy your posts and appreciate you letting us know where you're coming from with your commentary. Do keep up the informative posts on unsual activity in /ES as facts speak a lot more than theories.
Today was a day that the price managers let us know that they're still in control.