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165 Hedge Fund Suddenly Cried Out In Terror And Were Suddenly Silenced

Tyler Durden's picture


Oops... The second most widely held company after AAPL just destroyed the quarter for 165 hedge funds.

Source: Goldman Sachs


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Thu, 10/18/2012 - 12:55 | 2901480 malikai
malikai's picture

Holy crowded trade.

Suck it down, suckers.

Thu, 10/18/2012 - 12:58 | 2901498 Fukushima Sam
Fukushima Sam's picture

That's funny, I just saw Alderan get blown up last night!

Thu, 10/18/2012 - 12:58 | 2901503 Comay Mierda
Comay Mierda's picture


Thu, 10/18/2012 - 13:03 | 2901533 walküre
walküre's picture

GS is on the other side of that trade. Guaranteed! Their last trading quarter was swell because NITE fell.

Thu, 10/18/2012 - 13:26 | 2901664 redpill
redpill's picture

It's not their fault, their judgement is Harvard MBA-compromised.  Amazing how much money people will pay just to be taught to be a fucking lemming.  

Thu, 10/18/2012 - 14:35 | 2902018 doomandbloom
doomandbloom's picture

What about Reggie? Is he OK?

Thu, 10/18/2012 - 15:06 | 2902135 TheSilverJournal
TheSilverJournal's picture

Epic rise in yields yesterday while the rest of the market basically flatlined. Normally when wealth flow out of bonds, it flows into stocks and commodities, but yesterday...nothing. I've never seen that type of movement before.

It's almost like this report was released early to try and crash the market and keep yields from continuing to spike.

Thu, 10/18/2012 - 15:15 | 2902177 marathonman
marathonman's picture

People stuffing their fiat under the mattress?

Thu, 10/18/2012 - 17:37 | 2902621 Popo
Popo's picture

Take a look at that chart again:   The third most-held stock is... MSFT.    If you think GOOG hurts, just wait until the unmitigated failure that is "Surface" lands with a thud.   We haven't even begun to see tankage yet.

Thu, 10/18/2012 - 15:04 | 2902119 anarchitect
anarchitect's picture

Lemmings indeed. It is stunning that people pay 2 and 20 for this kind of groupthink bullshit.

Thu, 10/18/2012 - 13:11 | 2901576 Headbanger
Headbanger's picture

Here's his sound board:

Thu, 10/18/2012 - 13:15 | 2901595 fourchan
fourchan's picture



this begs the question does anyone need a 700 dollar stock,

priced to perfection, that pays no dividends, in their portfoglio?

Thu, 10/18/2012 - 14:34 | 2902013 redpill
redpill's picture

The executives at Grand Moff Donnnelley better stay away from helicopter rides and hot tubs for the time being.

Thu, 10/18/2012 - 15:00 | 2902095 SWRichmond
SWRichmond's picture

The interventionists giveth, and the interventionists taketh away.

If your money is in these markets, it is well positioned to be stolen from you.

Thu, 10/18/2012 - 16:51 | 2902501 SafelyGraze
SafelyGraze's picture

on the other hand .. there's *some* amount of invenstment safety, since every single one of those top-50 companies in the list is govt-owned or is a govt contractor

except for haliburton

Thu, 10/18/2012 - 13:18 | 2901606 Everybodys All ...
Everybodys All American's picture

and while you're at it Bob Pissonme. Please save me spin master. Talk about how these companies earnings are coming in better than expected. Please ...

Thu, 10/18/2012 - 13:18 | 2901607 DoChenRollingBearing
DoChenRollingBearing's picture

Cramer goes to Ohio and bearing manufacturer Timken on his "Mad Money" show tonight:

Thu, 10/18/2012 - 13:49 | 2901813 adr
adr's picture

Timken was closing buildings left and right, then .Gov gave the 100% capex writeoff. Within months Timken was doubling the size of thier headquarters.


Thu, 10/18/2012 - 14:23 | 2901977 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1

It does not sound like a coincidence to me adr!  Timken has a lot of political clout, on both sides of the aisle.  Thanks for the news item!

Thu, 10/18/2012 - 14:28 | 2901995 GolfHatesMe
GolfHatesMe's picture

Didn't he have some POS "deep in the money calls" yesterday? 

Thu, 10/18/2012 - 13:03 | 2901531 JPM Hater001
JPM Hater001's picture

I have an idea.  Click the ads for all the politicians on every website in America.  Simultaneously we can save google and bankrupt every politician.

Now that's a stimulous idea I can get behind.

Thu, 10/18/2012 - 13:16 | 2901594 CrimsonAvenger
CrimsonAvenger's picture

Way ahead of you brother. Obama must think I love him given my ad-clicking activity on ZH over the past few months.

Thu, 10/18/2012 - 13:26 | 2901672 NotApplicable
NotApplicable's picture

All you're doing is generating further revenue for Google which will be recycled back into political contributions to be spent on advertising, generating further revenue for Google...

The idea that one can bankrupt a bottomless pit? Needs work.

Thu, 10/18/2012 - 13:22 | 2901632 LongSoupLine
LongSoupLine's picture



Don't worry, it was "magically" halted just a c-hair above support. 

DOW is crashing...down a whole 8 points...NOT ALLOWED in Bernak's "market"!!

Thu, 10/18/2012 - 15:03 | 2902115 Waterfallsparkles
Waterfallsparkles's picture

All of the Banks calling the FED for a bigger line of Credit.

Thu, 10/18/2012 - 14:25 | 2901986 insanelysane
insanelysane's picture

We said release at 1 PDT not EDT, PDT dammit!

Thu, 10/18/2012 - 14:38 | 2902027 walküre
walküre's picture

The Google Bunch is stoned out of their mind.

Some good dope they're smoking up there in San Bruno, CA

Thu, 10/18/2012 - 14:47 | 2902058 Stoploss
Stoploss's picture

So, does this mean that 96% of hedge funds are now,   "behind"??

Thu, 10/18/2012 - 14:53 | 2902075 Alpo for Granny
Alpo for Granny's picture

Don't be evil...bitchez!


Thu, 10/18/2012 - 15:48 | 2902306 The trend is yo...
The trend is your friend's picture

Great their goes the 4th qtr bonus.  now the PM's will have to settle on a porche instead of the ferrari

Thu, 10/18/2012 - 12:56 | 2901483 Cognitive Dissonance
Cognitive Dissonance's picture

I came I saw I missed.......badly.

Oh well, there's always Q4 to look forward to.

Thu, 10/18/2012 - 13:04 | 2901542 CPL
CPL's picture

Takes Billions per quarter to generate about the same amount of money as a walmart does on a single slow day.


It's all so very silly.

Thu, 10/18/2012 - 14:43 | 2902045 _ConanTheLibert...
_ConanTheLibertarian_'s picture

You can always make up on volume. ;-)

Thu, 10/18/2012 - 14:50 | 2902066 CPL
CPL's picture


Thu, 10/18/2012 - 12:56 | 2901484 Shizzmoney
Shizzmoney's picture

I hope they lose every fucking dime.

Thu, 10/18/2012 - 12:56 | 2901487 Kaiser Sousa
Kaiser Sousa's picture

they just halted trading...

meant selling...

fucking rigged casino these markets r...

only up, no downward movement allowed....


Thu, 10/18/2012 - 12:57 | 2901490 THX 1178
THX 1178's picture

It can't/won't last forever.

Thu, 10/18/2012 - 13:07 | 2901546 The Shootist
The Shootist's picture

But why don't they ever halt silver when it has waterfall declines over nothing?? They must remain vigillant in the eternal war on speculators.

Thu, 10/18/2012 - 13:26 | 2901674 gmak
gmak's picture

The press release was a fat-fingered mistaken release, based on the boilerplate and template holders still in the item. It wasn't supposed to come out until after market close.

Thu, 10/18/2012 - 13:01 | 2901525 Zadok
Zadok's picture

Another form of capital control...sold as a safeguard! LOL!

Thu, 10/18/2012 - 13:17 | 2901608 fourchan
fourchan's picture

tha algos were the only ones allowed to profit, and nothing is allowed to sell off. ever.

Thu, 10/18/2012 - 12:56 | 2901489 HelluvaEngineer
HelluvaEngineer's picture

Now we find out who bought a ton of very cheap PUTs yesterday!

Thu, 10/18/2012 - 12:58 | 2901495 monopoly
monopoly's picture

Wow, halted! Sure glad this cannot happen to AAPL, PCLN or AMZN. No way, no sir.

Thu, 10/18/2012 - 12:58 | 2901499 Cult_of_Reason
Cult_of_Reason's picture

This is a perfect example (case study for historians) of the fallacy of Bernanke's "wealth effect".

Thu, 10/18/2012 - 12:59 | 2901513 The Master
The Master's picture

HilsenRATh leak coming in 3, 2, 1...........

Thu, 10/18/2012 - 13:18 | 2901568 Cult_of_Reason
Cult_of_Reason's picture

The hedge funds and retail will be getting massive margin calls tomorrow and forced to liquidate other momo bubble stocks. The selling is just starting.

This is how the internet bubble popped – one huge miss by a momo-driven domino pricked the internet bubble.

Thu, 10/18/2012 - 13:16 | 2901599 Shizzmoney
Shizzmoney's picture

Quick, get the manatees for the rumor machine!

"China to buy $GOOG, Spain, and $FB"

Thu, 10/18/2012 - 12:58 | 2901504 Orly
Orly's picture

Strange thing is the EURUSD and AUDUSD, both darlings of the QEtc pump-and-dump, went absolutely nowhere.  Just sitting there, eating a moon pie.

I'm beginning to think these markets are rigged.


Thu, 10/18/2012 - 12:58 | 2901505 Atlantis Consigliore
Atlantis Consigliore's picture

Bernank in Luftwaffe,  printing counterfeit for Google dollars....

sale bluelight special, on snoogle,  aaple und goodle is snoogle.

QE 4;  foodstamps for google shares and down payments for Google houses. and FHA  Federal Housing Apple  (w 3% down foodstamps you get an apple house) no need to pay 

mortgage in Shadow inventory.

Thu, 10/18/2012 - 12:59 | 2901507 Dburn
Dburn's picture

Has to fall 15% in under 5 minutes for a trading halt. G'damn Mfers

Thu, 10/18/2012 - 13:01 | 2901522 HelluvaEngineer
HelluvaEngineer's picture

You seem to be suffering under the delusion that there are rules

Thu, 10/18/2012 - 13:04 | 2901545 walküre
walküre's picture

Don't worry. They will ramp it back to $760 overnight and for tomorrow's open. Surely a few conference call among 165 hedge funds can fix this.

Thu, 10/18/2012 - 13:19 | 2901615 NotApplicable
NotApplicable's picture

Paging Brian Sack to the RED courtesy phone. I repeat, Brian Sack, please pick-up the RED courtesy phone located on your desk.

Thu, 10/18/2012 - 13:00 | 2901510 Seorse Gorog fr...
Seorse Gorog from that Quantum Entanglement Fund. alright_.-'s picture


Thu, 10/18/2012 - 12:59 | 2901511 Martdin
Martdin's picture


Thu, 10/18/2012 - 13:00 | 2901517 Winston Churchill
Winston Churchill's picture

Clarice ?

Is that you Clarice ?

Thu, 10/18/2012 - 13:01 | 2901527 PUD
PUD's picture

I would love a flash crash right now

Thu, 10/18/2012 - 13:03 | 2901532 ptoemmes
ptoemmes's picture

Jump you f*ckers.

Thu, 10/18/2012 - 13:03 | 2901539 tawse57
tawse57's picture

So, the market can go up but not down when it is only banksters and hedge funds buying? Is that the rule?

Thu, 10/18/2012 - 13:04 | 2901540 Kaiser Sousa
Kaiser Sousa's picture

notice how Gold and Silver r never halted...

interesting n deed...oh well,



Thu, 10/18/2012 - 14:03 | 2901877 Mad Mohel
Mad Mohel's picture

Real money never sleeps, monopoly money however needs a break every now and then.

Thu, 10/18/2012 - 14:29 | 2901998 Tango in the Blight
Tango in the Blight's picture

If Chuck Norris was money he would be a Gold Eagle.

Thu, 10/18/2012 - 16:13 | 2902373 foofoojin
foofoojin's picture

If Chuck Norris was money he would be a Iridium Eagle. fixed that for you.

Thu, 10/18/2012 - 15:06 | 2902120 ebworthen
ebworthen's picture

Yeah, and why don't they ever halt a stock for going up 10% in 10 minutes?

And, they usually report after markets "close" for the sheeple.

Skynet was the first out the door, guaranteed.

10 milliseconds after the flubbed release.

Sheeple must wait.

Thu, 10/18/2012 - 21:34 | 2903184 Bananamerican
Bananamerican's picture

"Sheeple must wait" new bumper sticker

Thu, 10/18/2012 - 13:04 | 2901541 Bastiat
Bastiat's picture

AAPL down a bit too --  i-Chihuahua !

Thu, 10/18/2012 - 13:08 | 2901561 walküre
walküre's picture

Hedgies would be advised to sell AAPL and FB while they still can.


Who in their right mind wants to hold all this overvalued shitty paper when the casino doors are bolted shut?

Thu, 10/18/2012 - 13:19 | 2901617 AustriAnnie
AustriAnnie's picture


Who needs tomorrow?  It only takes nanoseconds....

Thu, 10/18/2012 - 14:30 | 2902001 Tango in the Blight
Tango in the Blight's picture

Black Friday!

Thu, 10/18/2012 - 13:05 | 2901547 I Am Not a Copp...
I Am Not a Copper Top's picture

Love the headline! 

Thu, 10/18/2012 - 13:05 | 2901548 onebir
onebir's picture

Just where is Larry Quote when you need him?

Thu, 10/18/2012 - 13:05 | 2901550 Widowmaker
Widowmaker's picture

Tick-tock, Middleton won't stop!


Thu, 10/18/2012 - 13:07 | 2901555 Headbanger
Headbanger's picture

Cramer's Sound Board


Have at it!

Thu, 10/18/2012 - 13:19 | 2901616 The Shootist
The Shootist's picture

SELL, SELL, SELL!!!  Mooooo!

Thu, 10/18/2012 - 13:53 | 2901832 adr
adr's picture


Buy, Buy, Buy. Bark bark

Mooooo, Buy, Sell, Buy.

Jump the shark!!

Sell, sell, bullet to the head.

Die, DIE, DIE!!!!

Thu, 10/18/2012 - 13:09 | 2901569 Ineverslice
Ineverslice's picture


Answers my (on-going) question as to solving the mobile-ads monetization.

Thu, 10/18/2012 - 13:09 | 2901570 dracos_ghost
dracos_ghost's picture

Redemption song is coming...and not Bob Marley's version.

Thu, 10/18/2012 - 13:21 | 2901629 NotApplicable
NotApplicable's picture

I dunno... seems apropos.

Old pirates, yes, they rob I
Sold I to the merchant ships
Minutes after they took I
From the bottomless pit

Thu, 10/18/2012 - 13:12 | 2901577 walküre
walküre's picture


I just received an email from

Google Service has sent you a message: Welcome to the Users Rating TOP



Thu, 10/18/2012 - 13:12 | 2901585 Kaiser Sousa
Kaiser Sousa's picture

can u believe this shit...

it was Google itself that urged the exchange to halt trading....

WHAT THE FUCK!!!!!!!!!!!!!!!!!!



Thu, 10/18/2012 - 13:14 | 2901588 Bastiat
Bastiat's picture

They tapped out.

Thu, 10/18/2012 - 13:17 | 2901609 Orly
Orly's picture

When do I get a tap-out when my positions are getting creamed?

Thu, 10/18/2012 - 13:25 | 2901659 Bastiat
Bastiat's picture

At MFG it wouldn't have mattered if you got a tap out -- they'd just steal your account balance, then send you a rubber check to close your account. 

Thu, 10/18/2012 - 18:11 | 2902714 falak pema
falak pema's picture

nivea or max factor.

Thu, 10/18/2012 - 13:20 | 2901627 Kaiser Sousa
Kaiser Sousa's picture

ay yes...

two parties enter...

Cocksuker Bankers, and morons (read all asswipes stupid enough to b n the casino)...

and only one walks out....



Thu, 10/18/2012 - 13:21 | 2901634 Wakanda
Wakanda's picture

no. surprises. before. election.

sheeple. must. remain. asleep.


nothing to see here, keep moving...

Thu, 10/18/2012 - 14:41 | 2902033 walküre
walküre's picture

Romney is ahead in the polls. Someone is getting cold feet about their exposure. Romney's win is THE market killer.

Thu, 10/18/2012 - 18:10 | 2902708 falak pema
falak pema's picture

the magnificent seven... he is outgunning the Ole Bam Bamy of Yes we can. 

Thu, 10/18/2012 - 13:24 | 2901646 Widowmaker
Widowmaker's picture

Damage control, as was the early release, itself.

You can bet your ass someone made a few calls they shouldn't have.

The rest of this fucking abortion called a "market" is laughing at anyone not short.

Thu, 10/18/2012 - 13:36 | 2901741 Orly
Orly's picture

I agree completely, EURCHF.  Once this jin was out of his bottle, there would be chaos, certainly.  What better way to manipulate the bad print then to have a "mistake" release then halt trading, by "request" from Mr. Brin?

Just when I thought it couldn't get any more obvious...

People are waking up to this crap, though, more so every day.  This one may come back to haunt them yet because there will be many, many pissed-off hedgies (not in the loop, of course...) who had sell at market close orders on GOOG.  What goes around, comes around.


Fri, 10/19/2012 - 00:22 | 2903427 dvfco
dvfco's picture

Larry Page - 

"Uhm, like, I already lost like a billion dollars here - can you turn that fucking thing off?  Tell that fucking Panetta no more back door access (and that's not a gay joke)."

"Tell Panetta if the PPT doesn't get us back up above $700 by Friday at 4:00 p.m, - there will be some fucked-up search results when someone searches "Panetta" or "Obama Bitch".

He might be the head of the CIA, but he'll be giving me head if I'm not worth $40B by lunch!

I already have had bronchitis this year.  Enough is enough!

Tell him he'll come up as the only result when someone searches for 'anal sex.'


"I don't give a fuck - get my jet ready."

Thu, 10/18/2012 - 13:17 | 2901605 AustriAnnie
AustriAnnie's picture

With Microsoft 3rd on the list.  


Thu, 10/18/2012 - 13:19 | 2901613 tawse57
tawse57's picture

How about that they leaked it early because they suspected the after-hours trade in GOOG would plunge down causing Asia to go into a panic melt-down overnight, followed by Europe plunging tomorrow and...

So they leaked it early, took the hit, suspended trading and will, once it resumes, now pump, pump, pump it back up before close tonight?

Thu, 10/18/2012 - 13:22 | 2901636 otto skorzeny
otto skorzeny's picture

to me this kind of shit makes the big one that more painful. the Titanic brushed off alot of smaller chunks of ice before it hit El Grande.

Thu, 10/18/2012 - 13:32 | 2901630 TomGa
TomGa's picture

"Ah, we've come out of hyperspace in to some kind of asteroid shower or something. It's not on any of the Google charts."

"What? But where's all our profit?"

"That's what I'm trying to tell you, kid. It ain't here."



Thu, 10/18/2012 - 13:34 | 2901725 tawse57
tawse57's picture

You need to have faith in the PPT young TomGa. It is a force that surround, penatrates and protects the markets. It is what holds the entire ponzi together.

Feel the PPT TomGa - let its power flow through you.


Thu, 10/18/2012 - 13:48 | 2901764 TomGa
TomGa's picture

May the Schwartz be with you!

Fri, 10/19/2012 - 00:15 | 2903421 dvfco
dvfco's picture

No - Larry - Wake the fuck up - when I said PPT I wasn't trying to get you to watch another powerpoint pressentation.  I meant - were fine - the fucking Pllunge Protection Team has got our back.  Let's go race our private jets from our private (government) airport.  

Yeah!!  Life rules.  Let's wear our Google Glasses - unless you are afraid of getting bitch smacked again in the gay bar.

Thu, 10/18/2012 - 13:24 | 2901656 dbTX
dbTX's picture

and...pigs get slaughtered

Thu, 10/18/2012 - 13:27 | 2901677 jayman21
jayman21's picture

All that off shore hedge fund money is leveraged 10:1.  Grab some popcorn and watch the show when those margin calls start hittting.

Thu, 10/18/2012 - 13:29 | 2901694 BattlegroundEur...
BattlegroundEurope2011's picture

Fucking classic.

"Google Inc. CI A"  They are blatent about being part of the intelligence services network ;)

Thu, 10/18/2012 - 13:34 | 2901697 Bastiat
Bastiat's picture

The Bernanke can own GOOG too.  Or he will buy more, worse paper from the TBTFs in exchange for them buying up some GOOG.

Thu, 10/18/2012 - 13:31 | 2901709 mind_imminst
mind_imminst's picture

Trading stopped. Can't have any bad stock market days...wouldn't want to hurt Obama's re-election chances.

Thu, 10/18/2012 - 13:35 | 2901732 Offthebeach
Offthebeach's picture

Someone wake up the PPT at Maiden Lane.

Thu, 10/18/2012 - 13:37 | 2901745 Bam_Man
Bam_Man's picture

"Turn those machines back on!"

Thu, 10/18/2012 - 13:46 | 2901804 jsmfr
jsmfr's picture

Where is Reggie Middleton?????

Thu, 10/18/2012 - 14:37 | 2902025 the not so migh...
the not so mighty maximiza's picture

They halted, Reggie is saved.

Thu, 10/18/2012 - 14:42 | 2902037 walküre
walküre's picture

I thought he was short GOOG?

Thu, 10/18/2012 - 14:48 | 2902060 the not so migh...
the not so mighty maximiza's picture

you be right

Thu, 10/18/2012 - 13:53 | 2901831 Stonedog
Stonedog's picture

The Emperor command Darth Bernanke to turn on the printing presses - NOW!

Thu, 10/18/2012 - 14:28 | 2901855 WhiteNight123129
WhiteNight123129's picture

This market is extremely fragile beneath the Surface, have you guys noticed the small blit upwards on Gold just as GOOG was going in the funk. The market is a facade, it can crack-up (boom) at any moment...


That is what is to come....


Thu, 10/18/2012 - 14:01 | 2901869 _ConanTheLibert...
_ConanTheLibertarian_'s picture

Luckily we still got Facebook as a long term investment.....ROTFL x-D

Thu, 10/18/2012 - 14:34 | 2902014 dwdollar
dwdollar's picture

As long as your definition of longterm investment is <1.0 microsecond...

Thu, 10/18/2012 - 14:02 | 2901875 Salt
Salt's picture

For more of the story - GOOGLE IT !!

Thu, 10/18/2012 - 14:28 | 2901994 ziggy59
ziggy59's picture

Sounds of Silence
Hello darkness, my old friend
I've come to talk with you again
Because a vision softly creeping
Left its seeds while I was sleeping
And the vision that was planted in my brain
Still remains
Within the sound of silence

In restless dreams I walked alone
Narrow streets of cobblestone
'Neath the halo of a street lamp
I turned my collar to the cold and damp
When my eyes were stabbed by the flash of a neon light
That split the night
And touched the sound of silence

And in the naked light I saw
Ten thousand people, maybe more
People talking without speaking
People hearing without listening
People writing songs that voices never share
And no one dared
Disturb the sound of silence

"Fools", said I, "You do not know
Silence like a cancer grows
Hear my words that I might teach you
Take my arms that I might reach you"
But my words, like silent raindrops fell
And echoed
In the wells of silence

And the people bowed and prayed
To the neon god they made
And the sign flashed out its warning
In the words that it was forming
And the sign said, "The words of the prophets are written on the subway walls
And tenement halls"
And whispered in the sounds of silence


Simon and Garfunkle

Thu, 10/18/2012 - 14:41 | 2902031 LouisDega
LouisDega's picture

What memories.. God was there that night

Thu, 10/18/2012 - 15:05 | 2902129 pods
pods's picture

I like the John Valby version better myself.


Thu, 10/18/2012 - 18:02 | 2902693 falak pema
falak pema's picture

now thats poetry that ripples like fresh water.

Thu, 10/18/2012 - 14:32 | 2902008 dwdollar
dwdollar's picture

I'm sure Uncle Scam can include GOOG and APPL in the TBTF category. Problem solved.

Thu, 10/18/2012 - 14:37 | 2902023 zrussell
zrussell's picture

"Trading will be halted until the Q5 projected numbers can be announced"

Thu, 10/18/2012 - 14:40 | 2902034 JuliaS
JuliaS's picture

Google why.

Thu, 10/18/2012 - 14:44 | 2902039 Smiddywesson
Smiddywesson's picture


Thu, 10/18/2012 - 14:44 | 2902047 devo
devo's picture

Stocks still don't want to go down, though. Looks like the "spite trade" is on.

Thu, 10/18/2012 - 14:49 | 2902061 ebworthen
ebworthen's picture

Time to get Solyndra, A123, Apple, and Google to start building that Deathstar; $500 billion a month from the FED should turn things around and start the recovery.

If the construction lasts 20 years things should be really humming by then.

Thu, 10/18/2012 - 14:54 | 2902070 SheepDog-One
SheepDog-One's picture

Embrace the suck, Wall St, its all yours.

Thu, 10/18/2012 - 14:56 | 2902088 SoundMoney45
SoundMoney45's picture

Google is in an epic battle with Apple at the moment.  Google is an advertising company that gives away products for free.  Apple is a product company that does not care about ad revenue.  Apple has eliminated advertising revenue for Google with iOS6 Maps as well as Siri.  This is more than a small problem for Google, and a very strategic problem at that.

Thu, 10/18/2012 - 15:12 | 2902163 ebworthen
ebworthen's picture

The bigger problem is that the desktop and even laptop are a dying breed, and an ever-shrinking screen for advertising as tablets and mobile phones take over.

I wouldn't be surprised to see mobile carriers take over search and ads so they combine revenue streams.

Thu, 10/18/2012 - 17:07 | 2902549 blunderdog
blunderdog's picture

It's possible (but very unlikely) that the smaller devices may eventually kill laptops, but desktops aren't going anywhere.  Their death has been predicted as "imminent" since Compaq released their first portable PC.

That was almost 30 years ago.

Thu, 10/18/2012 - 15:11 | 2902153 Blubaba
Blubaba's picture

Hedgefonds are hedged

Thu, 10/18/2012 - 21:22 | 2903159 dvfco
dvfco's picture

I'm not afraid to admit I pre-ordered the Surface two days ago within an hour of its 'pre-release.'  However, I was shocked to see that the $499 version is reported to have be sold out in pre-orders. I went for the $599 version.  Who knows what I'll get?!?

Remember, this is Microsoft software and hardware.  They keep all the money after the sale, kinda like Apple.  The following factors may help it along a) the keyboard that flips off the front is likely to be a nice plus, b) it comes with Office 2013 products (with Word/Excel and others included free of charge), c) Microsoft Explorer is pre-loaded, d) you can actually download things without having to have the most annoying piece of software ever created - I-Tunes and, finally - E through Z) It's not a fucking Apple product. 

I hate that fucking company with a passion.  To me, apples are used by morons who don't understand the workings of computers.  They always seem to be telling me how great they are, but never can tell me what they do on them.  It seems like they are used for e-mail, video and audio editing, and graphics.  However, the other 99% of mac users, in my opinion, were suckered in or are 90 years old. 

I hope this puts a nail in Apple's back and that twisted fuck starts turning in his grave.  He's another douche who nauseated me.  All these 30-year-old yuppies singing his praises while he doesn't seem to have ever given a dime to charity.  At the same time, they berate Gates who earned 5X as much and has given away more than the other dick ever earned.


Fri, 10/19/2012 - 14:46 | 2905056 Grand Supercycle
Grand Supercycle's picture

APPLE parabolic...

As mentioned, APPLE parabolic weekly & monthly charts are at EXTREME levels.

Unfortunately longs will be badly burnt.

Head & Shoulders pattern(ie bearish)on APPLE daily chart in progress and downtrend continues.

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