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QQQ Implies GOOG At $660 (-12.5%) - So Far

Tyler Durden's picture


While GOOG is halted, the rest of the world goes on trading - with 165 hedge funds seeking protection somewhere... QQQ is trading lower, implying a $660 price for GOOG or down 12.5% on the day... so far...

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Thu, 10/18/2012 - 13:33 | 2901713 bank guy in Brussels
bank guy in Brussels's picture

Die, CIA-Google, die

Live Photo: Google Inc. Caught Censoring EU Search Results on US court corruption (for USA - CIA)
Google Internet Censorship - Censure d'Internet par Google - Internet censuur door Google

'Ex-Agent: CIA Seed Money Helped Launch Google', retired intelligence agent Robert David Steele interviewed by Paul Joseph Watson, and speaking of the CIA's Dr Rick Steinheiser and his connections with Google:

Thu, 10/18/2012 - 13:35 | 2901727 vast-dom
vast-dom's picture

hedge funds should all fucking pour into QQQ and FAZ like ASAP! At least then we'd approach some kind of leveraged reality.

Thu, 10/18/2012 - 13:37 | 2901750 redpill
redpill's picture









Thu, 10/18/2012 - 13:45 | 2901784 flacon
flacon's picture

Fucking google!

... look at this mess you made... now clean it up!




Thu, 10/18/2012 - 13:46 | 2901795 redpill
Thu, 10/18/2012 - 14:07 | 2901894 ThirdWorldDude
ThirdWorldDude's picture

You should specify the search term in your link a little better, since all I'm getting now is a bunch of links on 'clusterfuck'...


Thu, 10/18/2012 - 13:59 | 2901846 SILVERGEDDON

Acronym of the day.







Everything !!! 

Thu, 10/18/2012 - 13:37 | 2901748 Ruffcut
Ruffcut's picture

When amazon posts a lowly penny earnings, and stays at 240's, what is this shit about?

I'm tired of being tired about this clusterfuck.

Thu, 10/18/2012 - 13:42 | 2901775 Unprepared
Unprepared's picture

Does that mean you are not tired anymore?

Thu, 10/18/2012 - 13:33 | 2901714 catacl1sm
catacl1sm's picture

Considering NASDAQ dropped .89% after GOOG screwed the pooch, and GOOG lost 9%, I conclude that GOOG = 10% of NASDAQ.

Thu, 10/18/2012 - 13:47 | 2901807 Hedgetard55
Hedgetard55's picture

That assumes everything else was unchanged, no?

Thu, 10/18/2012 - 13:34 | 2901724 arkel
arkel's picture

Can we see the algos flash crash QQQ?

Thu, 10/18/2012 - 13:34 | 2901726 jayman21
jayman21's picture

Leveraged on hedge funds? 10:1 when you can off shore the money.

Thu, 10/18/2012 - 13:37 | 2901743 TooBearish
TooBearish's picture

thinkit stops at 666

Thu, 10/18/2012 - 13:37 | 2901749 Jason T
Jason T's picture

Go long RMB bitchez  6.25 now.


In 2005, 100 RMb cost $12, today it costs $16

Thu, 10/18/2012 - 13:37 | 2901751 Downtoolong
Downtoolong's picture

Can we get a picture of the mushroom cloud over Stamford?


Thu, 10/18/2012 - 13:39 | 2901759 Catullus
Catullus's picture

Right before options expiration.

This is bullshit.

Shaking someone down.

Thu, 10/18/2012 - 13:39 | 2901765 Unprepared
Unprepared's picture

I'm starting a new hedge fund and calling it ZeroHedge Fund. As the name implies, we will be investing in anything that moves.


Anyone interested?

Thu, 10/18/2012 - 13:49 | 2901816 redpill
redpill's picture

As long as it is a proper firm whose two top stocks are AAPL and GOOG, is massively overleveraged, and takes Goldman Sachs analyst statements at face value, I'm in!

Thu, 10/18/2012 - 13:49 | 2901820 Zadok
Zadok's picture

If you add all the things that don't move, I'm in!


This is so funny! Let the silly revisions begin!

Thu, 10/18/2012 - 13:40 | 2901766 catacl1sm
catacl1sm's picture

The deer may come out today.

Thu, 10/18/2012 - 13:40 | 2901771 sitenine
sitenine's picture

Pop! Queue the the next bubble please.

Thu, 10/18/2012 - 13:41 | 2901772 adr
adr's picture

Wait, we forgot to take a last minute Euro based capial gain. The earnings report released early didn't take that into account. We really beat EPS by $.15, PARTY ON!

Thu, 10/18/2012 - 13:41 | 2901773 lakecity55
lakecity55's picture

Down with CIAOogle!

Thu, 10/18/2012 - 13:41 | 2901776 becky quick and...
becky quick and her beautiful mouth's picture

25th anniversay of the big one and this happens, i love it.

Thu, 10/18/2012 - 14:00 | 2901862 Dburn
Dburn's picture

This is what they refer to as a Market Stress factor. We saw this in 2000  about a month before the crash started,  with a small software firm that had a 35 B market cap and a $350 stock price take a pre market leap down to the depths of $70 before rebounding to 140 and then it was a slow drip to a sub $5.00 before they did a reverse split. 


Google = Stress Fracture. Apple is is headed down today too. Margin calls a coming. 

Thu, 10/18/2012 - 13:42 | 2901780 ziggy59
ziggy59's picture

Markets are FREE..

...Everything else is a LIE

..Including ABOVE

Thu, 10/18/2012 - 13:44 | 2901787 GolfHatesMe
GolfHatesMe's picture

The earnings report did not check in at the 2:00 scheduled appointment at the NY Fed for Polishing.

Thu, 10/18/2012 - 13:46 | 2901794 bxy
bxy's picture

Hugely Bullish for market.

Thu, 10/18/2012 - 13:46 | 2901796 LongSoupLine
LongSoupLine's picture



Like watching the lights come on in a cockroach infested kitchen.


The sell-side scum is even pulling every "it's a buy" scam verbage from the book of panic they can come up with.  assholles...die!

Thu, 10/18/2012 - 13:46 | 2901798 bxy
bxy's picture

Halt traging so the bots don't explode.

Thu, 10/18/2012 - 13:46 | 2901800 Ineverslice
Ineverslice's picture


FU CNBS U Pumpmonkeys.

Thu, 10/18/2012 - 13:46 | 2901803 Everybodys All ...
Everybodys All American's picture

Take a lookie Pissonme is back on spinning.

Thu, 10/18/2012 - 13:47 | 2901809 Dr. Engali
Dr. Engali's picture

The deepest and most liquid markets in the world ... What a joke.

Thu, 10/18/2012 - 13:57 | 2901848 Village Smithy
Village Smithy's picture

They will blame it on this and blame it on that but you nailed the most important part of what we just saw. Day to day any selling is just part of the game, it keeps the music playing. As soon as the balance is disrupted buying is halted and real selling kicks in. Timmmbbber.

Thu, 10/18/2012 - 13:48 | 2901812 jsmfr
jsmfr's picture

Where is Reggie Middleton????

Thu, 10/18/2012 - 13:52 | 2901829 alien-IQ
alien-IQ's picture

probably crying and vomiting...simultaneously

Thu, 10/18/2012 - 13:56 | 2901836 Dburn
Dburn's picture

Yeah, that's what I want to know. Yo Reggie, where's that sword at? This bitch is getting cut to pieces right down to the price you were showing on CNBC before it took off, headed down to August and July levels?. Do ya think CNBC will call you up to explain how this could happen? I mean at least Apple gave a little warning before it dropped 10%. It didn't do it in 2.1 minutes in the middle of a trading day where the only ones who could take advantage of it was all the HFT trading platforms and the people who paid massive premiums on their Puts. They at least got something.


Normally on a drop like this you see Puts that far out of the money up 2000% and I'm looking and seeing $2.00 Puts up $1.00. 

Whatta racket. 



Thu, 10/18/2012 - 13:49 | 2901817 youngman
youngman's picture

Its only halted for us peons......the big boys are getting out as we wait...then they will turn it back on to where we will only get the bottom price...its all fixed...but I bet it screwed up some HFT boys who were at lunch not expecting the numbers so soon.......the casino is open...no shut...no open again....oh whatever...got gold

Thu, 10/18/2012 - 13:55 | 2901838 Zadok
Zadok's picture

So far, pacing the 2008 play book. What needs to happen now is no follow through on QEternity soon for the oh so much more effective crush in preparation for the new currency intro! Getting closer!

Thu, 10/18/2012 - 13:50 | 2901819 Justpassinthru
Justpassinthru's picture

Funny. I swear I can just hear the computers whizzing right now... and people freaking out & wondering what the programs will do once the halt is lifted.

Thu, 10/18/2012 - 13:50 | 2901821 spzpeterusz
spzpeterusz's picture

simple  --  type pacific stardard time ==(PST)  eastern standard time (EST) -  enter

Thu, 10/18/2012 - 13:50 | 2901822 Village Smithy
Village Smithy's picture

Even though tomorrow I expect to see GOOG trading back at today's highs, it is re-assuring to see that Bernanke doesn't have complete control and that a stock can fall significantly. Albeit only temporarily.

Thu, 10/18/2012 - 13:50 | 2901824 FuzzyDunlop21
FuzzyDunlop21's picture

Price correction, bitchez!

Thu, 10/18/2012 - 13:50 | 2901826 alien-IQ
alien-IQ's picture

is there any confirmation that it will be halted until the "official earnings release" after market closes?

Thu, 10/18/2012 - 13:54 | 2901835 GolfHatesMe
GolfHatesMe's picture

Anyone have the conference call number for the Algos to know when this reopens?

Thu, 10/18/2012 - 13:57 | 2901844 lizzy36
lizzy36's picture

No good ever comes from a premature release.

Thu, 10/18/2012 - 14:14 | 2901921 Bear
Bear's picture

Why is FB only down 2.5%

Thu, 10/18/2012 - 14:17 | 2901941 Bear
Bear's picture

Someone Googled 'earnings release time' and then forgot they were in London

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