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Friday Humor: Why The Market Is Down, Or "A Hard Day At The Fed"
It's AAPL? It's GDP? It's Europe? It's the fiscal cliff? The real answer to why the market/AAPL is down today is clearly laid out in the table below. A stunning 30 of the 40 Fed employees on Bloomberg (that's 75% for the Keynesians) is red - or out of the office today. The PPT is OOTO! Good to know all that taxpayer money covering these terminals is going to good use! Also keep an eye on Kevin Henry's dot turning yellow from green and vice versa. The NY Fed trader's presence, or absence, at his desk may be the only risk on/risk off signal left in today's market.
(h/t @Not_Jim_Cramer)
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Terminal
PPT doesn't clock-in until 3pm EST.
Never fear.
No auctions today, so, no need to come in.
After all, there is no other source of liquidity is there..
Insiders have been selling all month and last month. They needed the pump or would have had little to nobody to sell their paper to. Could be they liquidate before taxes change on capital gains or could be that they know this was their last HOOPLA.
Windows 8 looks awesome but won't save the day.
It's been a hard day's night. And the Feds been workin like a dog. We should be sleeping like a log, but when I get home to you, the things that you owe, keep it a hard days night.
Tyler, curious... what's rollcall count now... As we're ramping into close?
"Friday Humor"
We mustn't have the same sense of humour.
job interviews at JPM?
No, it's the regular Friday circle jerk.
As the old ladies say, A hard man is good to find.
We got our eye on you, ya bastids!
Will be all hands on deck if Dow gets to 13000.01
So if you can see other people with Bloomberg terminals, couldn't you figure out who TD is? Overly simplistic, I'm sure. Maybe he's registered as TD?
TD's use hundreds of mirror users on BB.
Objects in the mirror are closer than they appear...
my favourite far side ever.
So fix the damn mirror...;)
Kewl.
Obviously he's the Jester, John. Why does the fed have a court Jester anyway.
Nope. I've tried it. Perhaps someone smarter than I could figure it out.
maybe he's under Dan Ivandjiiski.
best thing is for all of them to go RED PERMANENTLY or better yet just get delisted forever. then it'd make sense to have a terminal that tracks a real market.
Hopefully they're hanging from rope in their offices.
Nice list of targ...schmucks.
Steve Forbes: Ben Bernanke should resign this year, a Christmas present for the nation. There’s never a time in history where you get a sustained recovery when you have a weak currency. History’s against him.
http://www.moneynews.com/StreetTalk/Forbes-Bernanke-resign-Christmas/2012/10/25/id/461484
VIDEO: Woman Arrested For Speaking Too Long At City Council Podium
http://losangeles.cbslocal.com/2012/10/25/riverside-woman-arrested-for-exceeding-time-limit-at-city-council-podium/
We Are On The Eve Of Another Possible Stock Market Crash
http://investmentwatchblog.com/we-are-on-the-eve-of-another-possible-stock-market-crash/
Except for the lady at the podium, everything is on hold till Nov 7th. Note the volumn of the DJIA today. Looks like most of the traders with any money went home too.
Now all we need is an ES close under 1400. That would make my W/E. :-}
We're losing altitude and on a collision course with a mountain. It shouldn't be a surprise to see the flight crew strolling back to the rear galley to fix themselves a few stiff drinks.
I swear they were drunk when we were boarding!
parachutes...... (bitchez)
Something wicked this way comes...
Calling in sick for the apocalypse?
Take away the props and the facade fall down go boom.
just wait until next week when TPS rolls into town next Tuesday...perhaps exchanges will be prophelactically shuttered.
Will the last one out please turn off the lights, we don't want to waste money these days.
24 Reasons For Gold
There are many reasons for Gold. First and foremost: Preservation of Wealth. The illusionary paper wealth will implode in the next few years. The initial trigger will be the collapse of the world’s reserve currency – the US dollar. The financial system is unlikely to survive in its present form. Gold has been money for 5,000 years and will continue to be the only currency with integrity.
http://www.mmnews.de/index.php/english-news/11038-24-reasons-for-gold
Fri, 09/03/2010 - 11:41 |
hedgeless_horseman
Fundamental analysis? Earnings? Technical analysis? Charts? We don't have a prayer when Ben has his finger on the button under the table.
You can take the ghosts of Graham, Dodd, Edwards, and McGee, as well as every CFA on the planet to manage a portfolio. I'll take one insider at 33 Liberty and my performance will wipe the men's room floor with your's.
Love your spirit, kid. Now get back to class.
http://www.zerohedge.com/article/ecri-declines-again-pass-below-double-dip-10-threshold-again#comment-562073
They all went to Gallaghers for a last drunken lunch at taxpayer expense, followed by a midget, tranny porn show and endless coke snorting.
It's really sad that those Fed/Gov bastards gave midgets and tranny porn such a bad name.
Just sayin'
I thought they left for pumpkin* carving competition.
*pumpkin: taxpayer
http://www.youtube.com/watch?v=mThUfYcea3I&feature=player_embedded
"...followed by a midget, tranny porn show and endless coke snorting."
So they're starting early?
I was about to make the same comment. +1
Americas Most Wanted!
Americas Most Hunted!
... there, fixed it for you.
Goldman must be holding a "trading huddle" with its FED Division. Couldn't they just handle it through emails and IM like the LIEBOR Division does?
Hard to imagine we were at 1470 last week before that Donnelly & Sons "scramble" with GOOG.
That's their story and they're sticking to it!
ES was well below 1400 and DJI below 13,000 overnight.
Yup, saw that early this morning. I also heard panic screams from NYC and DC: "Man the breaches, man the breaches!"
100% of the women are AWOL. Hmmm....
Then the PPT must have worked the night shift and are home sleeping.
They must be out checking the supplies at their retreats
With Sandy threatening, everybody's down in the basement, humping the gold to higher ground.
They'll work all weekend if they have to.
HEROES!
No, no, no. Germany is coming to audit their gold and everybody's down in the basement peeling off the labels that say Property of UK and replacing them with Property of Germany.
Typical self-centerdness, no?
German auditors are gonna be pissed that the stickers don't say "Eigentum von Deutschland."
das bullshit
What's a Rotational Analyst? and if you are a rotational analyst do you really put down rotational in your title?
Answered my own question. The Rotational Analyst is obviously the person responsible for determining the speed at which the economy is circling the drain.
His name was Kale Smimmo.
does he play for Real MAdrid or Barcelona?
Vodka Aisle F.C.
It involves a spit, good coals, and a village feast. Also known as "Long Pig" by the natives in certain parts of Polynesia.
banker's hours
Come on, it's not the numbers of people at work that counts.
What matters is the size of the single fat finger.
They won't work either. No one works. I won't work. Have you ever seen the president work? Everybody quit working. The weather is great here in CA and nobody works here either unless they want to. Work is a voluntary condition of existance at this time. Most people have quit working and returned to colleges to date each other. Last week in speech class we watched George Bush our last president try to talk. That guy didn't work. Couldn't talk either. Everybody laughed at him. People would rather laugh at George Bush than work. We had fun.
Roman baths
Versailles
Congress of Vienna
The Charleston
what do the above 4 share in common historically?
le vice au bras du crime....Tweedle dee and Tweedle dum plotting to rule the world.
There were always at least two people present to concoct a conspiracy; for, of and by the Oligarchs in conclave!
The Charleston was the most innocent in appearance, out in the open, but it distlled the mood of irrational exuberance, like our Rolling stones of 60s exuberance; then of the roaring twenties; that led to ....financial armageddon.
Rolling stones and big bang, not a bad combination!
HAving found a complicated solution I am sure you will have the elegance to provide us a simple one!
Kev is pi$$ed..now he can't leave. way to submarine his early exit ZH...not cool bro!
I'm thinking it looks like someone fom the PPT snuck back into the office.
Screen went green ,for the DOW.
Fuck you timmy.
Appears that (almost) everybody abandoned ship as Sandy the Frenkienstorm bears down on NYC (here's hoping...)
But at least one brave PPT member stayed to get the Dow jacked back green the last three minutes of the day, with a monster .03 gain for the day - 3.52 points, wowsa! My hat is off to the ability of these assholes to manipulate those numbers the last 5 minutes or less.
If Sandy does hit NYC more or less square, we may all get a trader's day off - the exchanges may just close for the day.
Early Halloween BiTCHez!
I didn't think bankers* ever* had to work on Fridays--that's one of the big perqs they use to attract the best of the best.