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As Apple Implodes, One Generation Lasts Less Than Three Weeks

Tyler Durden's picture


It has been 20 days since the last March 2009-like $522/share 'Generational Low' buying opportunity arrived for AAPL. Well, it would appear that one whole generation suddenly cried out in terror and was suddenly silenced, as AAPL dipped to $518 moments after opening. As the clip below suggests, we can only imagine the crowd of "traders" waiting to scoop up all these generational low prints (and today's volume is epic so far) being sold to them by over 200 hedge funds running for cover... WWJTD? A second bite at the Apple? And is that unlimited cost basis facilitated with "Other people's" or simply monopoly money?



(h/t Andy Y)


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Thu, 12/06/2012 - 10:46 | 3039082 slaughterer
slaughterer's picture

Wait until it is NFLX's turn again.  You ain't seen nothing yet Mr. Icahn.  

Thu, 12/06/2012 - 10:49 | 3039100 gjp
gjp's picture

When is AMZN's turn?  When has there ever been a near-zero or even negative cash flow company valued at over $100b?  Did it happen in the internet bubble? I don't recall ...

Thu, 12/06/2012 - 10:50 | 3039109 Enslavethechild...
EnslavethechildrenforBen's picture

Tulip mania

Thu, 12/06/2012 - 10:52 | 3039113 francis_sawyer
francis_sawyer's picture

Eddie Munster says BUY!...

Thu, 12/06/2012 - 10:54 | 3039130 Looney
Looney's picture

Just wondering… Is there a single person, out of the whole CNBC viewership of 40,000, who would actually buy a stock based on any of these clowns’ opinions?  ;-)


Thu, 12/06/2012 - 10:55 | 3039140 Enslavethechild...
EnslavethechildrenforBen's picture

Monopoly money

Thu, 12/06/2012 - 11:37 | 3039319 MillionDollarBogus_
MillionDollarBogus_'s picture

Just wondering… Is there a single person, out of the whole CNBC viewership of 40,000, who would actually buy a stock based on any of these clowns’ opinions?  ;-)

I did.  Went all in as AAPL approached $700.  I expect it to hit $1,000 within 12 months.   As it keeps dropping, I keep liquidating my stuff and 

Thu, 12/06/2012 - 11:56 | 3039369 Smiddywesson
Smiddywesson's picture

"I did.  Went all in as AAPL approached $700.  I expect it to hit $1,000 within 12 months.   As it keeps dropping, I keep liquidating my stuff and "

LOL, I'm going to Martingale that bad boy into a second marriage

Thu, 12/06/2012 - 11:13 | 3039175 BLOTTO
BLOTTO's picture

Apple - the fall of man.


APPL - the fall of mankind.


Steve Jobs = an occultist and thinks he was illuminated (i.e a god). Did nothing to benefit the good of the people. Just created along with Woz, electronic pieces of shit of which 95% of its purpose just corrupts the mind.


The first apple pc went on sale for $666.66 I mean, at all costs i would avoid using that number - if one is superstitious or not. But no... SJ and woz use it on day 1 for the opening price.


Sacred geometry, numerology and astrology - is how they communicate.


Steve Wozniak is also a sworn member of the Freemasons. Wozniak describes his impetus for joining the Freemasons as being able to spend more time with his wife at the time, Alice. Alice belonged to the Order of the Eastern Star, associated with the Masons. He says that although he took the necessary oaths and is a lifetime Freemason, he doesn't actually put a whole lot of stock in the mystical and religious overtones of the oath or the order. He says that he joined the Freemasons for one specific purpose, but he is very unlike the other members of the order. He says he quickly rose to a third degree Freemason because, whatever he does, he tries to do well. He was initiated in 1980 at Charity Lodge No. 362 in Campbell, California.


Our society has been totally hijacked - every nation has been inflitrated within...masses are getting duped.


Thu, 12/06/2012 - 11:35 | 3039315 CPL
CPL's picture

Jobs is dead, he ain't coming back.  He is beetle and maggot meat now.  


Hold the short position and financially rape every dirt ball that hyped this junk ass gadget maker.  Then we'll make sure those responsible will no longer walk the planet again.  Keep the plan straight.

Thu, 12/06/2012 - 16:27 | 3040343 Freddie
Freddie's picture

Steve Jobs was a Beatle?  Who knew.  Did he join the band after the fake "is Paul dead" rumor?  That is the most awesomest and bestest thing like all iCrap gadgets.

Thu, 12/06/2012 - 12:32 | 3039480 fiftybagger
fiftybagger's picture

6 I have said, Ye are gods; and all of you are children of the most High.

7 But ye shall die like men, and fall like one of the princes.

8 Arise, O God, judge the earth: for thou shalt inherit all nations.


Psalm 82
King James Version


Silver For The People

The Bitcoin Channel

Thu, 12/06/2012 - 16:31 | 3040363 Freddie
Freddie's picture

I love that iBible app.  Steve Jobs wrote that Bible thing I heard.  He was so cool.

Thu, 12/06/2012 - 14:26 | 3039837 Freddie
Freddie's picture

Who is junking this guy?  FreeMasons?  ZH has FreeMasons? 

Thu, 12/06/2012 - 15:13 | 3040045 GMadScientist
GMadScientist's picture

What have you done worth mentioning?

Farts don't count.

Thu, 12/06/2012 - 11:28 | 3039275 fockewulf190
fockewulf190's picture

"Just wondering… Is there a single person, out of the whole CNBC viewership of 40,000, who would actually buy a stock based on any of these clowns’ opinions? "


No, not people.  Machines, maybe.  He´s probably hoping his comments turn to print and the algos read "buy " and "Apple" and react accordingly.  Retail doesn´t do CNBS anymore.

Thu, 12/06/2012 - 11:30 | 3039284 CPL
CPL's picture

>whole CNBC viewership of 40,000


Half of that is us watching them getting pissed off and throwing shoes.  Even then the mute goes on for commercials.  For those of you that wish to blank out commercials on regular TV, Myth TV Linux appliances can do it for around 80 bucks.  Want to kick CNBC off the air?  Kill their commercials.  

Fuck their sponsors in the ass.  Not an inch at a time either.  Make it a point to shit all over their advertisers anytime you see a commercial in random forums.  Generate a hate storm.

Versus Youtube, CNBC is old school and garbage.  Listing of things that have more advertising draw than CNBC.

  • Minecraft video's done by 8 year olds have more eyeballs.  
  • Anime Music Videos done by neckbeard Otaku have more eyeballs.  
  • Nyah nyah cat remixes.
  • Talking dogs.
  • Funny cats.


CNBC is standing on it's last legs and is costing someone a fortune to run, the news paper is now a dead art form.  So is broadcast TV.  Now content rules.


CNBC < Youtube video of a guy changing his air filter.

Thu, 12/06/2012 - 12:00 | 3039386 TheCanadianAustrian
TheCanadianAustrian's picture

Woah dude, harsh. They have feelings you know.

Thu, 12/06/2012 - 12:29 | 3039467 Freddie
Freddie's picture

They have feelings you know.

They do?  Who says?

Thu, 12/06/2012 - 12:49 | 3039530 wisefool
wisefool's picture

Agreed. They dont. They are fully state funded operation, via G.E. (tax free, CEO jeff immelt, Obama jobs Czar)

Same with MSNBC and many other tributes to Geobbels. And before anyone snipes about being sold to comcast or something, check the "good will" component under written in any such current or future "sales"

Thu, 12/06/2012 - 16:20 | 3039760 Freddie
Freddie's picture

Geobbels was a lot more subtle.  I wonder if the Stalin and Hitler propagandists were more intelligent puppets than idiots like Chris Mattews, Paul Krugman and the other TV scum.   I stopped watching 5 years ago.  CNBC is like watching a casino that lures all the suckers in with lights, noise, fast shots, etc.  F them.

TV and Hollywood is for idiots who want to support The Matrix and their own serfdom.  Keep watching folks because it makes you their slave.

Thu, 12/06/2012 - 12:48 | 3039517 CPL
CPL's picture
  • Evolve or die in TV technology and the superior method of direct advertising and metrics (did the person actually watch your message?  on TV, probably not).
  • MSM < Random youtube videos.  
  • Prime time is anytime now.
  • Sweeps week is on demand.



To advertisers, cut your losses from all the Financial losers on cable circuits.  Zero hedge has more eyeballs on it 24/7, give money to them generously and you'll see impact.  Throw money at TV channels at your own bottom line.  

After all if nobody sees your clever campaigns, you DON'T exist.  If you are still advertising on TV, you don't exist.

Thu, 12/06/2012 - 12:14 | 3039425 ParkAveFlasher
ParkAveFlasher's picture

CPL, comment of the thread.  Thanks for the perspective.

Thu, 12/06/2012 - 12:18 | 3039436 fuu
fuu's picture

Dancing South Koreans generate more views in a month than CNBC does all year.

Thu, 12/06/2012 - 13:58 | 3039710 fockewulf190
fockewulf190's picture

For your slobbering pleasure....

Thu, 12/06/2012 - 12:26 | 3039456 Freddie
Freddie's picture

TV and Hollywood are for retards who support The Matrix and Obam.  Your TV viewership insures you remain a stupid f**king serf.

Please say nice things about Apple as it is the bestest stock and company ever.  They do not exploit young Chinese people with slave labor working conditions.

Thu, 12/06/2012 - 11:52 | 3039352 azzhatter
azzhatter's picture

Joe Cuntanova

Thu, 12/06/2012 - 12:22 | 3039446 HD
HD's picture

You leave Joe alone. He tries his hardest and his mother loves him...she won't let him manage her money, but she loves him.

Thu, 12/06/2012 - 11:10 | 3039179 Looney
Looney's picture

Tulip? YIMMY the Tulip?  ;-)


Thu, 12/06/2012 - 10:52 | 3039115 slaughterer
slaughterer's picture

AAPL must die

NFLX must die

AMZN must die

YHOO must die

GOOG must die

FB must die

INTC must die

IBM must die

ZYNG must die

GRPN must die

So that the slaughterer can be reborn.  

Thu, 12/06/2012 - 10:56 | 3039146 Temporalist
Temporalist's picture

What if we use GRPN to buy APPL and then have APPL products shipped via AMZN and I'll pay with my ZYNG bucks *that should have the Bernank's mug on them* that I "earned" while planting virtual heirloom tomatos on FB.

Problems solved.

Thu, 12/06/2012 - 11:09 | 3039204 Acet
Acet's picture

I would make the ZYNG Benny-bucks with a virtual hemp farm on FB.

I'm already in some terrorist watchlist or other due to my physical Gold purchases (lost during an unfortunate boating accident while crossing the Thames ... on a bridge), might as well become a virtual druglord.

Thu, 12/06/2012 - 11:31 | 3039303 CPL
CPL's picture

The entire transaction you described is entirely possible and completely synthetic.  There's something disturbing in that a real good can be munged from nothing.

Thu, 12/06/2012 - 14:16 | 3039782 Freddie
Freddie's picture

Dude - you are joking but this is how SillyCon Valley worked during the tech bubble.   If you wanted venture capital money from the Lucifer VC sharks - you had to buy Cisco, Sun, Lucent, Oracle and a few others equipment or you got no money.  You also had to have an office near SillyCon Valley and have a token Stanford MBA. 

I am not joking.  This is the BS they told people.  I heard the f**ks say it.

Oh but Oracle is expensive and we can use MYSQL - sorry sonny - no money for you.  Assuming you succeed - they steal all your equity anyway.

Thu, 12/06/2012 - 10:57 | 3039149 HomeBrewPrepper
HomeBrewPrepper's picture

Death cross bitches

Thu, 12/06/2012 - 10:58 | 3039151 EscapeKey
EscapeKey's picture

What in the fucking fuck?

I want assets priced realistically. I want government intervention to stop. I want central banks to be audited, held accountable, potentially even completely shut. I want regulators and investment bank revolving doors to be nailed shut, and I want all fraud prosecuted and accountable sent to jail, preferably for years.

But I don't want the world to crash, and I really do reckon the vast majority really don't know what to expect when they want to see the world burn. It won't turn out the way you want.

Thu, 12/06/2012 - 11:17 | 3039235 Gazooks
Gazooks's picture

sounds to me like you should head down to the Chelsey drug store,... to get a prescription filled..

Thu, 12/06/2012 - 11:19 | 3039241 EscapeKey
EscapeKey's picture

I got a fever, and the only prescription is more cowbell!

Thu, 12/06/2012 - 11:22 | 3039250 dolph9
dolph9's picture

Yes, but this will never happen.  Have you learned anything?

The crash must come...the great tides must come to sweep away the scum.

I'm prepared...are you?

Thu, 12/06/2012 - 11:25 | 3039265 EscapeKey
EscapeKey's picture

There's a major difference between believing it's inevitable, and wanting it to happen.

I'm as prepared as can be.

Thu, 12/06/2012 - 11:45 | 3039336 gmrpeabody
gmrpeabody's picture

Well said, sir...(maam)...?

Thu, 12/06/2012 - 11:58 | 3039376 Acet
Acet's picture

Well, I want Santa Claus to bring me a pony.

An end to government economic manipulation and the actual application of the law to wealthy, politically-connected parasites WITHOUT some kind of crash or revolution VS being given a small equine by an imaginary magic man that lives in the North Pole and flies around in a reindeer-pulled sleigh.

I reckon the latter is more likelly.

Thu, 12/06/2012 - 14:21 | 3039807 Freddie
Freddie's picture

Keep the pony.  I just want Santa to bring me 1,000 rounds of .223.   You can get ****ing iShit everywhere but good luck getting any ammo at a decent price or a black rifle.

Meanwhile - ZH has a banner ad for me where I can lease a 2012 Rolls Royce Ghost for $2,988 per month.   They must think I am a hedge fund vampire holding lots of Cr(a)pple stock.

No thanks. I will take beans, bullets, bullion and burritos.

Thu, 12/06/2012 - 12:02 | 3039391 forwardho
forwardho's picture

"It won't turn out the way you want."

Escape, the mind balks at the possible horrors of our future.

Thu, 12/06/2012 - 12:01 | 3039389 Shizzmoney
Shizzmoney's picture

Soon......Amazon revealed last year that the IRS wants $1.5 billion in back taxes. The claim, which Amazon said it would "vigorously contest", is linked to its foreign subsidiaries and payments made between them.

This taxmageddon, and the resolution that follows, will at some point bring its stock down to earth.

Thu, 12/06/2012 - 10:59 | 3039153 fonzannoon
fonzannoon's picture

Looks like Kevin is drinking buddies with this guy. Kevin! Get in there!

Thu, 12/06/2012 - 15:51 | 3040194 MillionDollarBoner_
MillionDollarBoner_'s picture

Is it me...?

Or is that guy wearing more make-up than my bitch?

Thu, 12/06/2012 - 10:48 | 3039088 devo
devo's picture

A face-ripping good time.

Thu, 12/06/2012 - 11:02 | 3039168 pods
pods's picture

Quick, add another row of icons!


Thu, 12/06/2012 - 11:58 | 3039372 Almost Solvent
Almost Solvent's picture

Look out there, too many more rows of icons and suddenly Apple is ripping off Samsung's Note II and then the shit really hits the fan when they introduce iStyllus for the oversized iNotepad.

Thu, 12/06/2012 - 10:47 | 3039090 fonzannoon
fonzannoon's picture

Hahaha I can't get the vid to work but I don't need to see it. That meatballs photo says it all!

Thu, 12/06/2012 - 10:48 | 3039093 HelluvaEngineer
HelluvaEngineer's picture

"No one else can compete at that price point".  Fucking herd-following morons.

Thu, 12/06/2012 - 10:48 | 3039095 vmromk
vmromk's picture


Thu, 12/06/2012 - 12:06 | 3039406 Almost Solvent
Almost Solvent's picture

Fuck the Fucking Fuckers

(as George Carlin would say)

Thu, 12/06/2012 - 10:51 | 3039101 Temporalist
Thu, 12/06/2012 - 10:50 | 3039102 Cone of Uncertainty
Cone of Uncertainty's picture

Reggie must have a fucking rock hard boner.

I should have never doubted you bro.

Please, please, I'm so sorry man.

Once AAPL breaks $500, the technical selling pressure is going to be epic.

Thu, 12/06/2012 - 11:09 | 3039207 Uncle Remus
Uncle Remus's picture

LOL "Reggie must have a fucking rock hard boner." My exact thoughts.

Thu, 12/06/2012 - 12:01 | 3039387 Bay of Pigs
Bay of Pigs's picture

Back to $546, Reggie is limp...

Get the fluffer back on the set.

Thu, 12/06/2012 - 14:06 | 3039730 Shitters_Full
Shitters_Full's picture

"Paging Trav777 to Soundstage B, Trav777 to Soundstage B, please.  Thank you."

Thu, 12/06/2012 - 10:49 | 3039103 SheepDog-One
SheepDog-One's picture

Major hedge funds and banks imploding, grim economic news....nevermind all that, FED has stocks to pump here we go!

Thu, 12/06/2012 - 10:51 | 3039104 otto skorzeny
otto skorzeny's picture

CNBC douche-nozzles -take the opposite side of the trade. my favorite part of this-Bank of Israel bought a ton of AAPL at around $600.

Thu, 12/06/2012 - 10:50 | 3039105 kliguy38
kliguy38's picture

Dbl top or just the completion of the symmetrical downside....either scenario will look virtually the same on the long term chart in three years........."Pikes Peak" or bust

Thu, 12/06/2012 - 10:50 | 3039106 azzhatter
azzhatter's picture

Terranova- such a pitiful fuckstick

Thu, 12/06/2012 - 11:18 | 3039225 LongSoupLine
LongSoupLine's picture



I don't know whether to shave his fucked up head or punch him in the fucking neck with fuckstick Scott Wapner's empty fucking head.

Thu, 12/06/2012 - 12:02 | 3039393 Jack Kreuz
Jack Kreuz's picture

and yet he is the Chief Market Strategist of Virtus Investment Partners, which has over 20 billion dollars under management and has been one of the highest performing stocks, going from 5 to 115. So maybe he was actually pumping (and then dumping) the apple.

Thu, 12/06/2012 - 10:50 | 3039108 jcaz
jcaz's picture

Blah-  like Steven Weiss,  he'll claim he sold out of all his AAPL a week ago-  it's a freaking miracle, this guy and Weiss NEVER have lost money on a trade...

BTW, what's up with the eyebrow waxing, dude?

Thu, 12/06/2012 - 10:52 | 3039110 Seasmoke
Seasmoke's picture

I remember watching this clown many years ago and even then I told myself I do not believe a word that comes out his fucking mouth.

Thu, 12/06/2012 - 10:52 | 3039118 Ox
Ox's picture

Snapple, bitchez.

Thu, 12/06/2012 - 10:52 | 3039120 ultraticum
ultraticum's picture

I'm sure he'll be doubling down today.



Thu, 12/06/2012 - 10:52 | 3039121 The Master
The Master's picture

My pointer finger is tired from upvoting all the comments above me.  Thanks for this laugh, Tylers.  Really needed it this morning.

Thu, 12/06/2012 - 10:53 | 3039122 devo
devo's picture

Looks like Bernanke likes Apple at these prices lololol

Thu, 12/06/2012 - 10:53 | 3039124 Samsonov
Samsonov's picture

But, but, but....the valuation of AAPL is awesome.  Anyway, besides all the hedge fund nonsense associated with AAPL, the basic problem is that nothing revolutionary is in the pipeline for them.  With Samsung hot on their heels, they've got to keep moving because their margins on the phones will collapse.  A second worry is that AAPL is really a fashion company that makes electronics.  Once the cool image dissipates and the clamor for the product is gone, it's look out below.

Thu, 12/06/2012 - 11:06 | 3039170 Temporalist
Temporalist's picture

Don't forget all those indebted students that are learning quickly that "you can't eat an ipad" when you don't have a job.  Also you can't pay down your student debt and credit card debt with more debt (no matter what Paul "Freddie - Nightmare on Main Street" Krug(er)man says).

Thu, 12/06/2012 - 11:31 | 3039298 astoriajoe
astoriajoe's picture


Thu, 12/06/2012 - 10:53 | 3039129 Winston Churchill
Winston Churchill's picture


Thu, 12/06/2012 - 12:43 | 3039505 ParkAveFlasher
ParkAveFlasher's picture


Thu, 12/06/2012 - 10:55 | 3039134 mdtrader
mdtrader's picture


Thu, 12/06/2012 - 10:55 | 3039136 Quintus
Quintus's picture

Let's see here.



Ridonkulous parabolic rise to the point where EVERYONE owns it, followed by a crash-in-progress.  

Media response?  "Quick buy while it's cheap, it'll be back to the highs tomorrow"


Energetic rise, but far from parabolic, followed by a pullback of 20%.  

Media response?  "Run!!! Run for the hills and take your women and children with you before this collapsing bubble destroys you all!!!!"

Interesting comparison.

Thu, 12/06/2012 - 11:21 | 3039251 Gazooks
Gazooks's picture


Thu, 12/06/2012 - 12:08 | 3039411 Almost Solvent
Almost Solvent's picture

Do as I do

Not as I say

Thu, 12/06/2012 - 10:55 | 3039138 Spastica Rex
Spastica Rex's picture

What's good for Apple is good for America.

Thu, 12/06/2012 - 11:23 | 3039258 Gazooks
Gazooks's picture

pie, bitchez

Thu, 12/06/2012 - 14:25 | 3039828 Freddie
Freddie's picture

iPads macht frei.  At least that is what our mullah Barry O says.

Thu, 12/06/2012 - 10:55 | 3039139 Iam Yue2
Iam Yue2's picture

With a good majority of the fighting club insider dealers rounded up, traders took to tossing a coin to see whether Aplle was going to have one of its up or down days.

And many took to twitter to proclaim that they had a good feel in their waters that it was going to be one of those upward bounce days.

Those that did not take to such primitive methods, poured more money into the swiss two year and hoped for the best.

Thu, 12/06/2012 - 10:55 | 3039142 SmoothCoolSmoke
SmoothCoolSmoke's picture

Yep...Teranova wants you to BUY BUY BUY Appl............... from him.  

Thu, 12/06/2012 - 10:56 | 3039147 negative rates
negative rates's picture

It's a lame stream media bubble this time, it's way over due, and cut the fluff too.

Thu, 12/06/2012 - 10:58 | 3039154 OMG
OMG's picture

Why of course here is the fix:

Thu, 12/06/2012 - 10:58 | 3039155 Quinvarius
Quinvarius's picture

I still see the trend being around 460ish.

Thu, 12/06/2012 - 10:59 | 3039157 Tsar Pointless
Tsar Pointless's picture

Back up to $536 now.

Some implosion.

Thu, 12/06/2012 - 11:17 | 3039230 Quintus
Quintus's picture

Back up to VWAP and guess what happens then?

Thu, 12/06/2012 - 11:03 | 3039169 Fix It Again Timmy
Fix It Again Timmy's picture

"But I don't want the world to crash, and I really do reckon the vast majority really don't know what to expect when they want to see the world burn. It won't turn out the way you want." - Ain't that the truth........

Thu, 12/06/2012 - 11:48 | 3039341 forwardho
forwardho's picture

So you want to see it crash and burn? Release the four riders.





Take your wishes to their end conclusion, see the devastation you would "wish" on humanity.


Thu, 12/06/2012 - 11:03 | 3039172 IridiumRebel
IridiumRebel's picture

I feel bad for my mom who bought in about two months ago. It's mom. I told her to get out and thought there would be a "Santa Rally" before Christmas to save her ass, but it seems the hedgetards are dumping. Oi vei. 

Thu, 12/06/2012 - 11:04 | 3039176 slaughterer
slaughterer's picture

AAPL : stick a knife in it it.  Even Pelosi can't talk it up anymore.  

Thu, 12/06/2012 - 11:12 | 3039215 Jim in MN
Jim in MN's picture

Is that what we do before we stick the fork in?  Makes sense.

Thu, 12/06/2012 - 11:04 | 3039180 Inthemix96
Inthemix96's picture

"Walking in a winter wonderland"


Thu, 12/06/2012 - 11:06 | 3039183 mdtrader
mdtrader's picture

Now $538 looks like Tyler finally got an Apple call right lol.

Thu, 12/06/2012 - 11:14 | 3039184 Paper CRUSHer
Paper CRUSHer's picture




Thu, 12/06/2012 - 11:08 | 3039201 NEOSERF
NEOSERF's picture

Real danger obviously is that this turns into some Hedgie HFT thing that takes the whole market down if it coincides with some negative comment on the cliff or a Greek failure...feels like the butterfly just flapped its wings in China...

Thu, 12/06/2012 - 11:08 | 3039202 q99x2
q99x2's picture

AAPL was $377 a year ago. It has gone up 38%

Thu, 12/06/2012 - 11:18 | 3039236 Dr. Engali
Dr. Engali's picture

It was $705 a couple months ago it has gone down 24%.

Thu, 12/06/2012 - 12:05 | 3039403 Village Smithy
Village Smithy's picture

It would seem "escalator up, elevator down" applies here.

Thu, 12/06/2012 - 11:09 | 3039206 slaughterer
slaughterer's picture

After Gen X (cold war fear, TV eyes, naive idealism) we had Gen Y ( computer viruses, iPads, cynicism), 


GEN LOW (mom and dad's basement, university debt, permanent EBD, and an ObamaPhone).  


Thu, 12/06/2012 - 11:36 | 3039311 edifice
edifice's picture

No, we had Gen X (1961-1981), then it went to Millennials (1982-2002). Now, we're on Homelanders (2003-?). I know, the names are stupid... Blame Strauss & Howe. Basically, if you became an adult toward the end of the 20th century (turned 18), you're in Gen X.

The Millennials are the ones living in Mom's basement, saddled with student loan debt. I know, I supervise a few at work, who are in this situation. And, the optimism is the other way around. The Xers are cynical, whilst the Millennials are optimistic, even though they owe $50k+ in loans.

They honestly believe they can change the system. Poor kids.

Thu, 12/06/2012 - 12:17 | 3039414 slackrabbit
slackrabbit's picture



Bang on!

Boomers saw X'ers as cynical because we couldn't get jobs even though we had degree's and student loans, and oh how they loved free markets, low taxes and ‘user pays’, but only when it didn’t apply to them. They told their kids (the Millennials) to be optimistic, then their kids also realised they too are left with the bill. 

In some ways Boomers remind me of locusts;even when they have finally gone, there will be nothing left...

Reminds me of working in Africa (or your local mall) :



Thu, 12/06/2012 - 19:36 | 3040949 Tompooz
Tompooz's picture

"In some ways Boomers remind me of locusts;even when they have finally gone, there will be nothing left..."


Promoting generational antagonism...bad idea. You play the dividers and rulers playbook.

Thu, 12/06/2012 - 12:16 | 3039433 Shizzmoney
Shizzmoney's picture

Great post. Sums it up perfectly.

I'm a Millennial, and yes, most of us are altruistic, hopeful, yet sweetfully naive about changing things for the better. 

In a sense, Obama represents whats wrong with our political and societal discourse, on both sides, GOP or Democrat. 

Say one thing, do another.  Tout mindless slogans and coverup action with mindless jargon and positive marketing. 

Its reflected in daily life: corporations, who take away benefits, stagnate wages, say they'll create jobs when they get tax breaks from states....and then fire people and move those jobs to India (like State Street did to Massachusetts).  Ditto with women complainging about how men are assholes......yet they'll continue to date their batterers (think Rhianna and Chris Brown).

Humans are fucking dumb, hairless apes.  It's kind of amazing we've made it this far, really.  That's why I side with Libertarianism on the logic that you can't trust government because, inherently, you can't trust random people (trust is truely gained from only those that one's SELF has developed trust with, not based off me picking some guy soicety designates as a alpha male by tugging a lever in a closed booth).

I'm part of the cyncial lot obviously, but that's only becuase I use these things called, "reading comprehension" and "logic".

Thu, 12/06/2012 - 11:11 | 3039213 Squid Vicious
Squid Vicious's picture

I remember when this greaseball said "ya gotta be all in RIMM here"  that was when it dipped to $

Thu, 12/06/2012 - 11:13 | 3039219 Paper CRUSHer
Paper CRUSHer's picture


Thu, 12/06/2012 - 11:14 | 3039222 Jim in MN
Jim in MN's picture

Headline now--Tanks Roll in Cairo, Five Killed in Protests--dollar jerking upwards.  Might want to be careful playing these little paper stock thingies this morning. 

Valuations got nothing to do with it at the moment. 

Thu, 12/06/2012 - 14:48 | 3039937 Freddie
Freddie's picture

It is a shame that Americans do not have the guts the Egyptian people have in throwing out Islamo Marxist overlords.

Thu, 12/06/2012 - 15:31 | 3040127 jomama
jomama's picture

i was forced to give up an upvote for this post.

Thu, 12/06/2012 - 11:16 | 3039228 Lofty
Lofty's picture

Sir Isaac Newton comes to mind and apple hitting on the head

Thu, 12/06/2012 - 11:32 | 3039297 forwardho
forwardho's picture

Yes, very like Newton, except he learned from his misfortune. He then applied his observations of "reality" to alter his behavior. Not so much in present day.

Thu, 12/06/2012 - 11:16 | 3039229 Lofty
Lofty's picture

Sir Isaac Newton comes to mind and apple hitting on the head

Thu, 12/06/2012 - 11:23 | 3039262 Monedas
Monedas's picture

I would rather own an ounce of gold !  ............................................................................................................... I would rather own 4 shares of AAPL !

Thu, 12/06/2012 - 13:15 | 3039603 Monedas
Monedas's picture

Busted ?  I wasn't giving myself an up arrow .... I was merely participating in the poll !  SEG:  ON/off

Thu, 12/06/2012 - 11:26 | 3039272 StoleYourMoney
StoleYourMoney's picture

Blue horse shoe loves AAPL

Thu, 12/06/2012 - 11:34 | 3039312 cornflakesdisease
cornflakesdisease's picture

Apple is a trend, like Sony Walkman's etc.  Ten years from now, Daewoo will churn out tablets ect ect.  Purveyors of cool and a database they be.

Thu, 12/06/2012 - 12:23 | 3039398 Shizzmoney
Shizzmoney's picture

Tim Cook annoucned today he want to bring manufacturing back to the US for MacBooks.

Methinks this won't be good for the stock price, which got so high thanks to Foxconn and their State-Enforced Chinese niggard labor.

Thu, 12/06/2012 - 12:15 | 3039427 virgilcaine
virgilcaine's picture

The New Imac isn't a flat panel display!.. it has a Huge Bubble in the middle holding the components. Quick build a bubble to hide all this stuff.

Thu, 12/06/2012 - 12:17 | 3039429 Wave-Tech
Thu, 12/06/2012 - 12:24 | 3039450 realtick
Thu, 12/06/2012 - 12:30 | 3039471 falak pema
falak pema's picture

Apple @ 547 and Nasdaq @ 2988...

Thu, 12/06/2012 - 13:06 | 3039583 ThisIsBob
ThisIsBob's picture

BRAKING NEWS:  Apple to introduce the iShit for the growing number of consumers who shop online while on the toilet.

Thu, 12/06/2012 - 14:08 | 3039752 Brokenarrow
Brokenarrow's picture

I hate cnbc more than Hitler. They are the most corrupt exploiters of the aged and naive in history. And, that fucking criminal, James Cramer? I'm amazed no one has sent him to where he belongs. Turn cnbc off. Never turn hem on again. All the info you need is on the internet.

Thu, 12/06/2012 - 14:45 | 3039925 Freddie
Freddie's picture

It is not just CNBC it is TV and Hollywood.  Turn it all off.  They are evil f****rs.  Cramer was trading on inside info and feeding Maria tips and the SEC never touched him because he was pals with Spitzer.

Thu, 12/06/2012 - 14:23 | 3039818 Sokhmate
Sokhmate's picture

Newton 2060.

Thu, 12/06/2012 - 15:30 | 3040120 jomama
jomama's picture

but, but, they said they would manufacture in the US starting 2013!  bullish, right?

Fri, 12/07/2012 - 23:29 | 3044853 cgagw
cgagw's picture

Business are getting flawed advice about cloud security, Hall quotes a Gartner analyst who said today's real Cheap Oakley Sunglasses are safty service providers have a core competency in providing no more than the minimum that is acceptable.

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