Take me to buy your leader...
Preppers have prepared for everything except the most important thing: finances.
When they talk about training of the witness, they’re teaching them what to say at trial, and it doesn’t matter whether it’s true or not...
One of these things is not like the other...
S&P futures volume:
and the answer is...
ES back in the Bernake-Draghi-Divide (and below its 50DMA)...
They all looked pretty good to me .....
Iv'e been playing SOUSA marches all day long.
March boys march!
Cue the false-flag in 3... 2... 1...
this is NOT a sell-off or even a minor correction -- a correction would be when the real value of SP, at no more than 700, dips below said real value. today is a blip in the ponzi con.
This looks and feels a little different. Primarily because the earnings and revenues are coming in really weak. There is only so much cutting of employees and other costs a company can do before it hits the balance sheet square in the face.
The take away is that the fake recovery is now meeting reality.
Bounce on Monday?
Here comes your 3 o'clock ramp job...
Anything is possible. I would predict the start of a bearish market trend at the very least. The volume is quite heavy to the downside.
Drink 1 every time you hear "closed off the lows of the day"
"OFF THE LOWS!" *BRAAAWK!* (Whistle)
....I just met a girl named Maria
On Black Monday? Not likely.
I got it wrong
Is anyone else surprised by today's move in crude,or lack thereof?
corn wheat and natty up on a day like today....
Someone already pricing in QE4?
Hmm, where did gold and WTI stand on the date of the Bernank's III announcement.
Nevermind, my nedtania page had it unchanged for some reason. I can see it was down like I would have thought.
...not after Goldman told me to sell it.
any thoughts on this? 2012 oct 18 oil vs S&P500 - goldpricemodel - http://flic.kr/p/dkVzEy
let's see if 1425 holds on the /ES...for the day.
This sell-off today makes everyone look like a bunch of whimps. They should be ashamed.
....day ain't over yet
They're working on the rumeur-du-jour right now. They need a new one since China-bails-Europe didnt work last time.
I'm guessing something in the line of "Greece forecasts huge surpluses in 2034"... Oh wait, they did that already?
"World leaders to group hug". That should do it.
PS - isn't it time for episode brought to us by the letter V (on VOV & Vega, vegans & whatever TF the Artemis guy was talking about)?
Looks like someone needs to tweak the circuit breaker algorithm.
Don't worry, +200 down days are still prohibited. Watch this...
Shit & Piss volumes way up today!
Yesterday's treat is today's trick.
Red alert! Red alert! Please call the friday last hour Plunge protection Team for last Hour rally!
Paging Mr Hilsenrath
At work right now, DOW up 50 points since day's lows, and still 8 mins to go!
Today allows the biggest, smelliest turds to become identifiable. They are being flushed the fastest.
Mere quantum fluctuations in a fully controlled market.
Its as if the 25th anniversary of Black Monday spooked the Wall Street traders. They re-created the Black Monday 1987 crash today through their stupid superstitions.
This is NOTHING like 1987. Much more drama then, made a fair bit going against it. Now, this quiet drop scares me more...
Actually, scared is the wrong word. I'm hoping my way lower buy stops get hit in oil, gold, equities.
Hopefully the monday before the election, the markets cratter.
In other news, the fourth reich is gaining ground :
This junkie market does not like the prospects of a Romney presidency with its implications that the market's drug dealer, quad b, is likely to be replaced at the end of his term with someone who may understand both the limits and danger of a pedal to the metal monetary policy.
Although I've heard rumors of this, is it fact that Romney will throw out Ben - and if so, who is his replacement? And who would be Romney's Treasury Secretary? I think while there might be personnel changes there is no chance in hell of policy changes vis a vis QE and Wall Street under Romney, and Obama has been Wall Street's best friend: endless,QE, no prosecutions, watered down Dodd-Frank, etc. etc.
Romney is just saying what has to be said to get elected.
Don't kid yourself. He's probably heard of Austrian economics. He probably owns some gold in a vault in Switzerland.
Ben is gone.
I cant think of any half assed Austrians that he would appoint.
Who? Right now a tie between Steve Liesman (it would be a promotion in his FED pay)(and he wouldn't have to get up so early in the morning). Or, Natan Yahoo in case he loses his re election bid.
Glen Hubbard is Romney's economic advisor. He is all-in on the Bernank. If the Bernank decides he doesn't feel like doing this anymore, he'll probably be replaced by Evans.
I think the tech stock earnings misses had more to do with it.
Romney is up in the polls therefore there is no reason to save the markets,Punishment for all who disobey the master.
So THIS is QE3? When do we move on to QE4?
Let's just go ahead and name the next (20?) QE's:
QE5-'til long after we're alive!
QE6-In control like a dominatrix
QE7-On long after I've went to heaven
QE8-Bankers, Bankers! Who do we appreciate?
QE9-All my gold's looking fine
It's time for the bearded wizards to unleash the levitation spell.
He already did.
Dollar Index up against 20 DMA overhead - nothing to see here. As I suspected, today is just the sick fucks on Wall Street celebrating the 25th anniversary of Flash Crash v1.0 in the only way they know how.
Just wait till CNBC starts broadcasting on Sunday night about Panic in the markets, That's Benanke's tell that it's time go long again.
Dow will have to go down over 300 but you can bet they are on que for Sunday evening so they can herd the sheep.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.