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Is 807 The Number Of The S&P 500 Beast?

Tyler Durden's picture





 

In today's WTF moment, we note that the inexorable rise from the March 2009 lows to the most recent September 2012 highs has created exactly the same 807 point rise that the last bubble-blown levitation managed (from October 2002 to October 2007) . Curiouser and curiouser... and from a suspiciously devilish 666 low print, we can only hope our behavioral biases can cope with these glimpses.

 

 

(h/t Brad Wishak at NewEdge)

 


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Thu, 01/10/2013 - 12:28 | Link to Comment AccreditedEYE
AccreditedEYE's picture

If history is any guide, no....no it isn't.

Thu, 01/10/2013 - 12:35 | Link to Comment whatsinaname
whatsinaname's picture

btw.. is Lauren Lyster now on yahoo finance and not with RT ?

Thu, 01/10/2013 - 12:39 | Link to Comment Captain Benny
Captain Benny's picture

They cancelled Capital Account!  The only reason I watched RT was for that show....

Thu, 01/10/2013 - 12:45 | Link to Comment LawsofPhysics
LawsofPhysics's picture

Technicals do not matter!!!  But so long as we are wasting time, what was the total debt outstanding the last time they blew that bubble?  - FAIL  Going to be some interesting bond auctions coming up.

Thu, 01/10/2013 - 13:37 | Link to Comment NotApplicable
NotApplicable's picture

Range bound?

Thu, 01/10/2013 - 15:15 | Link to Comment Panafrican Funk...
Panafrican Funktron Robot's picture

The Fed is firmy in the drivers seat re: stock market price.  It goes up or down from here based almost entirely on what they feel like doing.  

Thu, 01/10/2013 - 13:17 | Link to Comment Stroke
Stroke's picture

Quite the scrumptious little morsal, but that voice...at time I had to turn the sound off

Thu, 01/10/2013 - 12:39 | Link to Comment A is A
A is A's picture

Yep. No more Capital Account. :'(

Thu, 01/10/2013 - 12:41 | Link to Comment vast-dom
vast-dom's picture

I AM THE BEAST I WORSHIP

Thu, 01/10/2013 - 13:02 | Link to Comment Albertarocks
Albertarocks's picture

YOU ARE THE BEAST I WORSHIP AS WELL :-)

Thu, 01/10/2013 - 13:18 | Link to Comment Spastica Rex
Spastica Rex's picture

+++

Thu, 01/10/2013 - 12:29 | Link to Comment CPL
CPL's picture

BULLISH!

 

Seriously...there are no rules anymore, market isn't allowed to fall until it is allowed to fall

Thu, 01/10/2013 - 12:29 | Link to Comment Calidreaming
Calidreaming's picture

If we drop sp to 666 again , I will jizz all over the computer screen

Thu, 01/10/2013 - 12:32 | Link to Comment THX 1178
THX 1178's picture

Jizz out of sheer terror?

Thu, 01/10/2013 - 12:38 | Link to Comment irishlink
irishlink's picture

It was just pointed out to me that the last year with 4 different digits was 1987!!!!! That should scare you.

digits ,sorry

Thu, 01/10/2013 - 13:06 | Link to Comment turicum
turicum's picture

That's scary.

Thu, 01/10/2013 - 13:25 | Link to Comment viahj
viahj's picture

26 year spread and it sorta feels like '07.....hmmm 26+7=33.  fucking Masons.

Thu, 01/10/2013 - 14:41 | Link to Comment _ConanTheLibert...
_ConanTheLibertarian_'s picture

Damn! I wish I was back in 1987. I made a few of the biggest mistakes of my life around that time. And the music was still awesome.

Thu, 01/10/2013 - 15:21 | Link to Comment Panafrican Funk...
Panafrican Funktron Robot's picture

'87 saw the smashing success of Bon Jovi's "Livin' On A Prayer".  You can't make this shit up.  

Thu, 01/10/2013 - 12:33 | Link to Comment Dark Meadowlark
Dark Meadowlark's picture

There is NO BUBBLE. BE it stocks, bonds, currency, real estate, etc. You were told the rrecovery began June 2009. Any doom beyond that has been both negative to your health and your portfolio. Buy the dips and relax!

Thu, 01/10/2013 - 12:36 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Moar Green Shoots!

Thu, 01/10/2013 - 12:34 | Link to Comment Grand Supercycle
Grand Supercycle's picture

BANK of AMERICA bearish weekly chart:

http://trader618.com

Thu, 01/10/2013 - 12:37 | Link to Comment Ivanovich
Ivanovich's picture

You've been calling for a crash for years now.  Same stupid term:  Wile E. Coyote drop.

 

A crash will undoubtably happen, but if it happens when you, in particular, call it, then it's just broken clock theory.

Thu, 01/10/2013 - 12:34 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

There are no coincidences. The elite believe in magic and they just love matching magic numbers.

Doesn't matter what we believe, just what they believe.

Thu, 01/10/2013 - 12:44 | Link to Comment Dr. Engali
Dr. Engali's picture

Looks like there are a couple people who don't like you saying nasty things about their masters.

Thu, 01/10/2013 - 12:48 | Link to Comment magpie
magpie's picture

Better start reading runes and mayan glyphs into the charts instead

Thu, 01/10/2013 - 13:42 | Link to Comment NotApplicable
NotApplicable's picture

But 807 is an Angel Number!

Repeating 807 suggests that if you have been intuitively feeling that a part of your life is coming to a close or end, the repeating Angel number 807 is a message of validation for you.

http://sacredscribesangelnumbers.blogspot.com/2011/12/angel-number-807.html

Thu, 01/10/2013 - 12:49 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Not surprised at all. So many of us, including myself, find it very difficult to shake off decades of social conditioning and mind control. To even consider that the extremely rich and powerful might not only believe in magic, but actively practice it is.........well, it's just crazy talk.

They do not blind us. They simply leverage our own conditioned blindness.

Thu, 01/10/2013 - 13:14 | Link to Comment Uber Vandal
Uber Vandal's picture

The definition of Magick, per A. Crowley is: the Science and Art of causing Change to occur in conformity with Will.

Also, other magickal means of change in conformity with will includes symbols, and words.

Symbols can be very, very powerful, such as how the meaning of an ancient symbol, the swastika, has been changed forever.

Then, there are words.... Look at how words have been renamed and re-framed. A good example is the Department of War became the Department of Defense.

 

 

Thu, 01/10/2013 - 13:21 | Link to Comment Spastica Rex
Spastica Rex's picture

Yes - but where are the symbols? They're not to be found among the stars in the sky anymore.

The human mind is wired to find patterns, whether they exist or not. This also is a behavior to be manipulated.

Thu, 01/10/2013 - 13:32 | Link to Comment francis_sawyer
francis_sawyer's picture

 "Not surprised at all. So many of us, including myself, find it very difficult to shake off decades of social conditioning and mind control"

~~~

Touche' ~ Some seem to actually take pride in conformity... I guess they think it's the last trick in their bag they have to get chicks 2 drop their panties for them...

Thu, 01/10/2013 - 13:36 | Link to Comment NotApplicable
NotApplicable's picture

Which makes it insanely easy to generate disinformation conspiracy theories simply by connecting coincidences after the fact.

Unless you first-hand knowledge, or know your sources who do, it's hard to state any factual claim definitively with any degree of confidence. Worse yet, you might only help to undermine your own efforts by latching onto a falsehood that others quickly debunk.

Thu, 01/10/2013 - 13:27 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

"Then, there are words.... Look at how words have been renamed and re-framed."

Including the word "Magic", which has been deliberately distorted and maligned for centuries.

Ignore what they say. Watch closely what they do.

Thu, 01/10/2013 - 13:30 | Link to Comment Uber Vandal
Uber Vandal's picture

Yes, magic with a k.

Magick.

Thu, 01/10/2013 - 13:40 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Those who are not settled with self, who do not know themselves, are often "spellbound" by words, particularly the spoken word.

The great orators of past and present were/are actually practicing Magic(k) and most of them know it and are deliberately doing so. Think carefully about the meaning of the words we use to describe the "art" of writing and the spoken word.

Thu, 01/10/2013 - 13:48 | Link to Comment CPL
CPL's picture

There is no religion higher than truth.

Thu, 01/10/2013 - 13:58 | Link to Comment reload
reload's picture

Getting away with fraud, thats the magic trick widely practiced these days.

If I could create digital money at a keystroke and exchange it for goods and the labour of others it would surely feel completely magical. Just think of the power I would wield!

Alas I have no magical power and must serve the magicians with interest payments & taxation while enduring inflation and of course obeying the regulations they designed to protect their power.

 

Thu, 01/10/2013 - 12:34 | Link to Comment NoDebt
NoDebt's picture

Lower highs, lower lows anybody?

I suspect if there is another pull-back it would likewise be to an even lower point than 666.  Not just because of the past 2 (the trend), but the fact that the Fed and all the world's central banks are out of policy bullets to lean against the wind any harder.  The next one, if it comes in the near future, won't be able to be saved.  We'll take it full in the face.

 

Thu, 01/10/2013 - 15:31 | Link to Comment Panafrican Funk...
Panafrican Funktron Robot's picture

"the Fed and all the world's central banks are out of policy bullets"

They only had one bullet to start with.  And that bullet is theoretically infinite.  At least until people stop accepting federal reserve notes for actual goods and services.  

Thu, 01/10/2013 - 12:35 | Link to Comment rubearish10
rubearish10's picture

Who are the magicians that identify these chart patterns? WOW TD!

Thu, 01/10/2013 - 12:37 | Link to Comment Dr. Engali
Dr. Engali's picture

We are headed to S&P 400 as we wipe out all of the leverage from the 90s. I don't know what the time frame is, but we will work our way there. Japan is our model and deflation is a bitch.

Thu, 01/10/2013 - 13:10 | Link to Comment AynRandFan
AynRandFan's picture

Didn't Benny save us from deflation by "acting aggressively"?  Or, maybe just delayed it.

Thu, 01/10/2013 - 13:46 | Link to Comment Dark Meadowlark
Dark Meadowlark's picture

Saved us from monster deflation and a repeat of the Great Depression. People don't give him enough credit. Without his aggressive action we might not even be alive talking on here today. His actions saved us most likely war and another Dark Age. Thank you Ben. The system may have its flaws but it is still the best system mankind has ever known!

Thu, 01/10/2013 - 15:45 | Link to Comment akak
akak's picture

 

Didn't Benny save us from deflation by "acting aggressively"?

Yeah, and likewise, pulling the covers over my head every night "protects" me from the equally imaginary monster who lives under my bed.

Thu, 01/10/2013 - 15:33 | Link to Comment Panafrican Funk...
Panafrican Funktron Robot's picture

I'm totally fine with deflation.  I don't think it will ever occur again in the history of the federal reserve note.  

Thu, 01/10/2013 - 12:37 | Link to Comment Headbanger
Headbanger's picture

History does not repeat itself

But it does rhyme

 

Mark Twain

 

 

Thu, 01/10/2013 - 13:04 | Link to Comment FoeHammer
FoeHammer's picture

I like your avatar, Headbanger, as I can relate.

Thu, 01/10/2013 - 13:13 | Link to Comment Frank N. Beans
Frank N. Beans's picture

HB, great avatar man

Thu, 01/10/2013 - 12:37 | Link to Comment ekm
ekm's picture

It's about to pop.

Thu, 01/10/2013 - 13:47 | Link to Comment Dark Meadowlark
Dark Meadowlark's picture

No it's not! I am sooo sorry

Thu, 01/10/2013 - 12:37 | Link to Comment booboo
booboo's picture

well, actually 902 would be the point where paper burns twice as fast:)

Thu, 01/10/2013 - 12:39 | Link to Comment sgorem
sgorem's picture

is this what they mean by "cyclical"? or broken record................

Thu, 01/10/2013 - 12:39 | Link to Comment mjorden
mjorden's picture

BTFD ... er ... wait   STFR

Thu, 01/10/2013 - 12:40 | Link to Comment busted by the b...
busted by the bailout's picture

It was just a glitch in the Matrix.

Go back to sleep, Coppertop.

Thu, 01/10/2013 - 13:03 | Link to Comment pods
pods's picture

Would +100 if I could.

Always chuckle when I hear Coppertop.

:)

pods

Thu, 01/10/2013 - 13:29 | Link to Comment busted by the b...
busted by the bailout's picture

Thanks. 

We will all be Coppertops in 2045, if not already...

Thu, 01/10/2013 - 12:44 | Link to Comment BLACK_DOG
BLACK_DOG's picture

I'm going long 666!

 

Thu, 01/10/2013 - 12:50 | Link to Comment Say What Again
Say What Again's picture

Is that measured in millimeters?

 

Thu, 01/10/2013 - 12:48 | Link to Comment TahoeBilly2012
TahoeBilly2012's picture

That is one UGLY looking chart. It looks like a lie dectector test more than a index chart.

Thu, 01/10/2013 - 12:48 | Link to Comment Downtoolong
Downtoolong's picture

My favorite movie line, from Close Encounters Of The Third Kind: "This means something".

 

Thu, 01/10/2013 - 12:48 | Link to Comment Say What Again
Say What Again's picture

...   "In today's WTF moment"

Say "what" again.  Go ahead - Say what again just one more time...

Thu, 01/10/2013 - 13:11 | Link to Comment pods
pods's picture

Do they speak English in what?!

Thu, 01/10/2013 - 13:39 | Link to Comment Say What Again
Say What Again's picture

BANG!

Oh, I'm sorry...  Did I break your concentration?

http://www.youtube.com/watch?v=UPHuE5pDlEs

Thu, 01/10/2013 - 12:49 | Link to Comment Headbanger
Headbanger's picture

FORTY TWO!!

 

 

Thu, 01/10/2013 - 12:49 | Link to Comment malikai
malikai's picture

Behavioral biases? The mistake is assuming that there are humans participating in any form of behavior. Any humans working this market are either suckers or are working the numbers.

In other news, we took some pictures of closures today.

http://blog.quantsig.net/2013/01/10/closures/

Thu, 01/10/2013 - 12:50 | Link to Comment Zen Bernanke
Zen Bernanke's picture

now that's symmetry!

Thu, 01/10/2013 - 12:52 | Link to Comment IamtheREALmario
IamtheREALmario's picture

Oh, those crazy Kabalah(ists) ... ya gotta love those funny guys.... or not.

.. and BTW 807 does equal 6

Thu, 01/10/2013 - 12:51 | Link to Comment electricgorilla
electricgorilla's picture

Going long Aleister Crowley. The new Aeon of Horus. Do as thou will. Sure the bankers have taken that to heart.

Thu, 01/10/2013 - 13:28 | Link to Comment Uber Vandal
Uber Vandal's picture

Do as thou wilt, shall be the whole of the Law.

There is no Law beyond Do what thou wilt.

But, few read further down of Liber II, and find this sentence:

From these considerations it should be clear that “Do what thou wilt” does not mean “Do what you like.” It is the apotheosis of Freedom; but it is also the strictest possible bond.

 

Thu, 01/10/2013 - 13:07 | Link to Comment The worst trader
The worst trader's picture

LOst most of my money waiting for the big pop and drop. BTFD and shut the fuck up!

 

Thu, 01/10/2013 - 13:25 | Link to Comment adr
adr's picture

By the look of the chart we should get another crash, then a 50% rise of the bottom in six months with a two year bull market followed with another crash, 50% rise in three months, a one year bull, then crash.

It will follow the pattern until the bull markets last miliseconds and the market implodes like the WOPR at the end of WarGames.

Thu, 01/10/2013 - 13:18 | Link to Comment Frank N. Beans
Frank N. Beans's picture

moar chart porn

minor entertainment value

even minorer actionable value

'nother words, not holding my breath that we're going to see a crash anytime soon

Thu, 01/10/2013 - 13:19 | Link to Comment Never One Roach
Never One Roach's picture

Forward!

Thu, 01/10/2013 - 13:20 | Link to Comment adr
adr's picture

The market marble dropped on black the last 26 times, so I guess I'll bet black. I have a 48% chance of being right.

Thu, 01/10/2013 - 13:21 | Link to Comment Caracalla
Caracalla's picture

Shifted 50% of my life savings to TZA, TLT and SPXU on Monday with the rest invested in PMs and mining stocks.  Really waiting for that Pop and Drop!

Thu, 01/10/2013 - 13:32 | Link to Comment Burticus
Burticus's picture

How about the same 10-year chart with the S&P 500 measured with a stable ruler, gold?

Confused?  Cut a ruler in half and re-number it 1 to 12.  Then, measure your pecker and, with a swaggering boast, show your lady friends that it's twice as long as before.

Like our gubmint and the (not really) Federal (with no) Reserve, you may need some diversionary propaganda from the cheerleading parrots in the corporate media cartel to convince them.

Thu, 01/10/2013 - 14:00 | Link to Comment SmoothCoolSmoke
SmoothCoolSmoke's picture

All cash..... then by UPRO everyday at 11 am, sell at 2.  GF Christ!

Thu, 01/10/2013 - 15:56 | Link to Comment Caracalla
Caracalla's picture

Looks like S & P is going to hit resistance and be turned back.  I'd be surprised (mildly) if we close over 1470

Thu, 01/10/2013 - 17:18 | Link to Comment rubiconcap
rubiconcap's picture

If you are from the "history repeats itself" camp, ZH did an interesting SPX comparison a few months back of our current timeframe vs. 2003-2008...looks like we still have a few nice legs up.

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2...

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