Get'cher Dow 13K Hats Here...

Tyler Durden's picture

Retirement-Off! The Dow just crossed back under the magical 13,000 level for the first time in two months...Having crossed this rubicon for the first time on Februray 21st, we can reflect on eight months well spent... and the sound of millions of retirees sifting through the 'Help Wanted' pages is deafening - as those 'young-people' that voted for change will continue to participate less in the workforce.

Dow 13000...


A two-month roundtrip of hope...


And the reality in our country...


The New Normal: "Sell in February and go away"

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spastic_colon's picture

probably see 13k again today VIX is again being gamed

derek_vineyard's picture

 13K inflation adjusted =  ???

hedgeless_horseman's picture



WMT up 23% YTD, with a 2.16% div yield.

The business model of old employees, EBT card acceptance, bad food, and cheap clothing is strong.


Atlas_shrugging's picture

At what level has Buffett sold billions in S&P puts to finance his oligarchy?   Will be fun to watch him defend and ultimately surrender like S&P 1,000 the last go-round…

SeverinSlade's picture

Republicans now have zero incentive to agree to any fiscal cliff deal.  The longer they hold out, the more they gain.  A deal will not be reached until the last minute as I said previously.

S&P 1260 here we come.

Vince Clortho's picture

Not seeing S&P dropping now with Qeternity.

40 Billion a month buys the S&P wherever they want it.

A random thought:  Can you have a fiscal cliff with unlimited printing?

redpill's picture

Overlay of Nikkei 225 circa 1990?

vast-dom's picture

how perfect would obummer winning being the black swan that crashed markets today like SP 650?

Spastica Rex's picture

Maybe black, but certainly not swan.

blunderdog's picture

Black swans just ain't what they used to be.  They used to be something unexpected and rare.

Now they're just anything someone might think is kinda bad.

LawsofPhysics's picture

expected.  there is no "market".  Paper shorts, gold, and VIX related things will all be kept in check.  Now about that physical world...

The Wizard of Oz's picture


pods's picture

That is what is going on.  I read on Kevin's facebook page that he is off to a ski trip in Colorado.

You can only smoke hopium for so long before you need the good stuff.


Calidreaming's picture

I hope this POS mother fucker gets down to 5k faster than you can say Obama Care

buzzsaw99's picture

Yeah, like it should have when that hank paulson fuckwad extorted congress.

icanhasbailout's picture

For added fun the NASDAQ broke 3k to the downside and the S&P is doing the same with 1400

Captain Benny's picture

Can we finally have the dip we've been waiting over a year for????  Its actually fun to see AAPL spiral downward after testing its 200d.

Hedgetard55's picture

Help us Obi Wan Bernanke!

derek_vineyard's picture

10Kby2k  <my screen name on AOL in 1990's

10Kby2k15 w/ cpi-w at 300     <my prediction

-1Delta's picture

Crowding out younger workers? bullshit


Young workers just want the check from the gov.... EBT participation more likely....

Captain Benny's picture

Younger workers are definately being crowded out of the marketplace.  Just look around at any non-retail job and you'll see its dominated by a much older workforce who has no intention of retiring any time soon, because they're still paycheck to paycheck themselves.

-1Delta's picture

yes but the young workers dont care to work- not even a competition.. they just want the check/EBT card.



pods's picture

I guess now that we can put away the red/blue false dichotomy we can get back to the young/old one?


localsavage's picture

Nearly every under 35 that I know is a lazy Socialist who sits on ther ipone / pad / pod complaining about how hard it is to be them.  They are happy to work for beer money as long as they can live at home and still get the latest iproducts to impress their friends.

Ballin D's picture

Fuck off.  I went to school for a BSBA in finance, got good grades, was involved on campus, leadership experience, passed the CFA L1 right after graduation and have been working my ass off to find any finance/accting/business job that I can and I am still unemployed today.  I am not alone.  There might be a lot of fucking losers coming out of school but there is not much of a reason to try when people like me cant even find an employer to grant them the privlege of interning for free.


Ill be going on any form of welfare/foodstamps I can get once I pass that one year unemployed mark and I hope it comes straight out of your pension.  Maybe Obama will spot me an iToy.

hedgeless_horseman's picture



Willing to move to Texas? 

No state income tax. 

Net exporter.

Lawmakers only meet for a few weeks every other year.

Right to work state (few unions).

Leading the nation in job creation for many years.

Plenty of cheap labor.

Plenty of ignorant competition.

Texas, if you can't make it here, you probably can't make it anywhere.

Ballin D's picture

Willing to move to Afganistan for the right experience haha.  Ive applied for a few leadership/financial development programs that happened to be in texas but Im taking a closer look now.  Thanks for the tip.  It looks to be a bigger hub than I had thought and there are some good opportunities in energy in particular.

Nobody For President's picture

You have the bs machine going - I know plenty of 20 somethings, mostly college grads, that are way underemployed - but working while they look for something closer to their skill level, and are not finding it. I don't know what crowd you hang with, but the vast majority of young people I know are working, about 1/4 working two crap jobs, while trying to find a better job. None of them is asking the gubermint to help them.

Kreditanstalt's picture

What young person wants a career flipping burgers or greeting Walmart customers anyway...?

Shizzmoney's picture

Right.....maybe its the young people demanding for better working conditions, more say and a better understanding of why their pay isn't keeping up with living costs (thanks, Bernanke!), and being fed up with peddling Chinese crap while being suppressed at a corporate gig where management just does not give a fuck about them when it comes to nut cutting time.

"Take your job at Walmart, serf". 

NO person at America, young, old, etc.......should have to settle for this crap.  Dissent is waning and it's not because of desire...we read the internet.  It's there.

Desent is waning because corporations and the political elites spend billion of dolalrs telling the uneducated masses that settling is OK.

That's the one thing I cant stand fro mthe professional left" - they tell you its OK to settle, that the "good jobs are coming". It's all bullshit, just like the GOP and their hatred of women, brown people, and taxes on big corporations (but it's OK to raise *my* taxes, tho).

Louie the Dog's picture

Yeah, why flip burgers for a year or two when you know damn well you're qualified to be a CEO if only those old 60 yr.olds would just step down and hand the keys to the executive washroom to you.

Life just isn't fair anymore..

Sudden Debt's picture

Why aren't those kids in the army? America is at war with everybody right now and they need fresh meat on a daily basis!


e-recep's picture

Darn it, Ben is not printing fast enough. 

Dr. Engali's picture

I'm ordering my DOW 4000 hat now.

malikai's picture

Hey maybe it will be at 4000 when you get the hat - next tuesday.

pragmatic hobo's picture

what's up with vix? It's 18 and a change?

Slope of Hope's picture

Where do I sign up for some of the Gubment free shit?

LawsofPhysics's picture

you really think a "free market" exists?  Bah ha ha ha ha ha !!!!

hedgeless_horseman's picture



Where do I sign up for some of the Gubment free shit?

What type of benefits are you looking for?


Captain Benny's picture

I'd like to benefit from the few billion rounds of ammunition recently bought by the Feds.  Do they include that in option "Other", "Insurance", or "Disaster Relief" ?  Maybe I should check them all...  will they ship to my bug out location?

I Am Not a Copper Top's picture

Will be adding to my long lead position this weekend.

Taffy Lewis's picture

hedgeless_horseman, that's a fake, joke website - correct? YES?


What is
- The official benefits website of the U.S. government
- Learn about FREE MONEY and GRANTS


jal's picture



Where do I sign up for some of the Gubment free shit?


You forgot the most important.


( you are talking about getting money without having to work)






corporate welfare


ponzi (stock market) winnings