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S&P 500 Futures Suffer Biggest Down Swing Of 2013
From the highs this morning as European markets closed, S&P 500 futures have plunged 11.5 points. Doesn't sound like much - but this is in fact the largest intraday swing of 2013...Keep calm and BTFD.
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I wonder if there is a keystroke sniffer on my computer.
Everytime I place a bid on VXX, someone improves the bid by 0.0001 - and it happenes a split second before my order.
Di-Fi is still an asshole.
Diane Feinstein rubber masks for sale.
http://tinyurl.com/3bh6hnm
Fuck that Mao looking shemale.
NO! Yuck! :-)
Looks like the algo are pushing ES up to its VWAP.
What happens after that should reveal their bias.
You can imagine the fun we have trading in illiquid markets. Anyone want some rice futures?
It's late in the day.
Should I cover my shorts and go long?
S&P popped just enough above the multiyear trend line to sucker even more long positioins into play. It's time for the banks to shear the sheep. Stay short. we'll see 1460 soon enough but it will likely catch fore it drops though the monster gap-up from earlier this month. Just my opinion, it's your money.
Technical analysis is voodoo, yo!
;/
TA works to the extent that other's beliefs in it cause it to be self fulfilling. If all the TA's in the world see a sell signal, they all sell - and down we go. Simple in its stupidity, but still true.
Sadly they havn't given me access to the code but with the way the algos work I would be drop dead surprised if the majority of their decision making is not based on TA. Their world is a mass of lines and trends, the nanosecond over the microsecond all the way to the level someone like me can see using a screen and a wooden ruler.
Mainly oscillator crossovers. And reading other charts, too.
Like If VIX, then...
That's absolutely false. I know people don't like to admit it but they're really just not that clever.
Technical analysis works because people do the same thing over and over and over again. We are creatures of habit and if you charted the habits, there would emerge a pattern.
Simple as that.
:D
I need a badass mothafucka to call this bullish for me.
Hey Bro.
Are you GetZeeGold in disguise?
Who dat?
Just some crazy cat who posts early in the day.
since 666 this rally has rolled on and on-- unbelieved, refuted and denied. even a 30% correction would leave the dooms-dayers well underwater as equity players. luckily zirp also pushes up pm's, because the rationale of a stock crash to the benefit of pm's has not materialized. companies are doing well.....the average joe is struggling......the new normal.
Derek, the soon-to-be-way-underwater "stacker" took a nice bath today, to the tune of minus one-percent.
Keep stacking! It's still shiny!
"the rationale of a stock crash to the benefit of pm's has not materialized"
You don't say...
:0
Derek, I know you've been conditioned by your environment - But, could you please read what you wrote, again.
See, Companies CAN'T do "really well" while the "average joe" isn't! For the record, unless you agree don't bother responding.
Everything that is doing really well, is either being subsidized by the Govt. or the Fed...Period! You are the ponzi stool living in the matrix.
"S&P 500 Futures Suffer Biggest Down Swing Of 2013"
Soon to be followed by the close today by the biggest up swing of 2013?
Algotards are shitting liquid.
Fuck you Getco.
Not to worry. Bernanke has gone all out and is sitting on the print button.
<Faster damn you, faster.>
So that's why silver is down.
Ask Blythe.,,I'm sure she has an answer for you.
Well as far as I'm concerned he can shove all those Federal reserve notes right up his fat ass.
Ouch! Those are NOT where you want paper cuts. :)
Or it's stuck...( the control p button..)
No sweat, they have algos
Last chance. All aboard.
Do the algos work as well in reverse?
Of course. You just instruct it that 2=1 and 1=2.
:D
The Dip has been purchased.
S & P 2,500 here we come, bitchez
Higher volume without follow through suggests we're going down now. JMHO though.
Technical analysis is so yesterday.
The only thing you need to know is BTFD!
Must have bounced back, it's only down 2.59 currently. Dow over 13,800.
So, contrary to BTFD theeorists, what if AAPL actually "did" crash today, since 12% is not enough.
'the mercedes rotates about pollinating but another genus in the land of amazon-- where evolution parlays extinction with progress?'
Everyone remembered all of a sudden that VIX is cheap. Too cheap to pass up. AAPL is expensive and there's a glut of it on the market. Sell high and buy low. Market 101 explained in 2 sentences. Who is Ben and why does it matter what he does or if we know of him?
I'm gonna call a couple of hard, pipe-hitting niggas to go to work on the homes here with a pair of pliers and a blow torch. [to Zed] You hear me talking, hillbilly boy? I ain't through with you by a damn sight. I'm gonna get medieval on your ass.
Must keep the market going up - market downturns are reserved for forcing Republicans to pass legislation they don't want to. Market MUST move up until the debt ceiling crisis in March, THEN it can be allowed to "mini-crash" lower to force a debt ceiling increase.... This stuff is EASY to see through.
They decided to kick the can till May 19th. We're gonna sound like the EU on this topic. Check back in 2015 for an update.
OK - that must give the Dow sufficient time to hit the magic 18,000 between now and then....
we are now living a fairytale life that traders of old (pre 2007) would not recognize....they would think they were trippin'
Ivan Pavlov didn't have shit on Ben and his printing press.
Wow ALL of 2013 so far?? The whole 24 days? Looks like all is well, every past such drop only resulted in a further new high.
Anyway, DOW is charging ahead now only a few hundred points from all time record bubble-top highs!
North Korea said it would carry out further rocket launches and a nuclear test that would target the United States, dramatically stepping up its threats against a country it called its "sworn enemy."
They might try Davos.
Right, what's N Korea mad at us for? Aren't we the ones sending them free food all the time?
They want moar...
We bears know we're in trouble when we celebrate a quarter percent drop in the S&P, and the VIX soaring to 13.
+ .25
"We bears"?
I thought all the bears were killed by now...
It really is about time - after 17 years! - that you Ninnies just TRIED to position the PM sector MY way, so it became something other than a not-very-lucrative Playpen for silly little children.
Postion it as a Growth sector, forget the "Austrian" arguments that nobody much can tolerate any longer, and finally have a way to attract SOME new blood.
There's NONE at this point. Trying to squeeze a few extra pennies from grizzled sector veterans who think you are all Idiots is somehow better than attracting New Players who could cause a real revival?
If they can attract an audience - however misguided and ignorant an audience - for the likes of Facebook and its ilk, Starbucks and its ilk, and Lululemon and its ilk, why do you persist in thinking we can't, through a little bit of extra effort attract a Long-oriented audience for the Gold and Silver stocks based on explosive Growth for the next century! in all those parts of the world which love and esteem Gold and Silver?
The DOGs have effectively BANNED Gold as Safe Haven.
And they are afraid to talk it up as a tool of Currency Diversity, although at least some brave currency commentators are doing so.
So what's left is at least TRYING out MY script, after scorning it - and ME! - through sheer nastiness and silliness for so many years.
I've been correct all along. You know I've been correct all along. And at this point, it is purely perverse not to embrace a Gold is Growth Script as the way to revive the sector, the stocks, and the "uber-Bears's" fortunes.
I don't really know why you still won't accept me. I've worked very hard. And I've been much more right than wrong about everything.
It's By Rote at this point. Childish. Malicious. And totally By Rote.
Will it be different this time?
No. Trannies, Retail, and the cyclicals and holding up, as usual.
Just bought some Dominos, only 27x earnings... and the new pan pizza is buttery and delish ...
Their sauce is way too sweet, if you asked me. The ultra-thin, cracker crust is very nice, though. (I wish I could do that...)
I have the recipe for Pizza Hut's sauce, which is the bomb, if anyone's interested.
:D
how bomb is bomb?
It is the best of the best, falak. I bet it even works well with calzones or Italian-style pierogies.
It is borrowed (okay, stolen...) from Todd Wilbur's book Top Secret Restaurant Recipes 3, which has tons of fattening recipes from America's best eateries in it. Really good stuff.
Anyways, here it is:
1 six-ounce can tomato paste
1 1/3 cups water
1/2 teaspoon dried crushed rosemary
1/2 teaspoon dried minced onion
1/4 teaspoon dried oregano
1/4 teaspoon salt
1/4 teaspoon dried thyme
1/4 teaspoon garlic powder
1/8 teaspoon black pepper
1/8 teaspoon dried basil
1/8 teaspoon citric acid (I just use a small drop of lemon extract...)
Put it in a saucepan and bring to a low boil. Simmer on low for ten minutes et vous y voila!
Use it on anything that needs a tomato sauce.
:D
I am planning to make breaded veal scallops this w/e; thanks. à la marsala!
I'll try it with the pasta another time...
Veal Scallopini with Marsala Wine, Mushrooms, and Gorgonzola - YouTube
it's only Jan 24 and with the VIX-suppression of free Fed money, 'biggest swing' doesn't really mean a hell of a lot
But the S&P has been going higher in the past year, defying the critics and doomsayers like Faber et al. Looks like the FED has doubled down to ensure that the fearmongers do not prevail. I have been out of the market since October 2007, missed the 2009 lows and sat on the sidelines since. Pissed? Yes. "Not so much that I have missed the get back home ride" but that the whole finacial system is so rigged and phoney that you feel like you are forever walking into an ambush. Talk about the Iraqi soldiers getting stressed out over patrol duty and not knowing whether the next step was going to be their last from an IED.
Yes, yes, yes, I strongly agree.
maybe now they can fire greazy Joe T, his generational buy is now $75 under water... also loved Facefuck when it was breaking out over 31.50 if you asked him at 18 he would have said don't touch it, lol...
The 2p-4p "algo shuffle is back on. SP500 will close up 5 by 4p.
The market always closes up. It's the new normal. Even with Apple down 12%.
Where is that dow 30000 hat again. I remember it from 2010. Some stocks are also a hedge when printing to oblivion.
That's what you get when you Bird Game so furiously.
You can't have it both ways, PPTs!
It's a Market for Everybody, or it's a Market for Nobody.
How many more layoffs will the Financial Services sector worldwide have to suffer, before you learn that simple truth?
You lost a very large percentage of your customers post-2008 because of the Gaming. You are not gaining new customers because of continued Gaming.
So the solution is MORE Gaming? Totally anger and totally alienate the few customers you have left?
I dunno. Not the way I would run an industry.
Institutions just need to insert more BennyBucks into the slot on the side of their computers and then press the buy button. The markets can not go down as that would upset the socialists and the scammers.
swing n roundabouts; this oligarchy market has legs.
SP500 up 2.5 with 20 minutes to go. GO ALGOS!!! PUMP IT BABY!!!
Ok, now I understand today's clamor of bulls calling for a rise.
Hedgefund oracle Dalio at Davos states the following:
"Dalio laid out his framework as essentially a scenario where US investors pile into stocks driving markets higher which will then give the Fed confidence to start to tighten, which will then cause a pullback across risk assets."
Hedgie lemmings are following in suite...
Ray Dalio: Cash Will Move Into 'Stuff' in 2013
http://www.marketfolly.com/2013/01/ray-dalio-cash-will-move-into-stuff-i...
BTFD... yeah right... LMFAO
Look at that close!!!!!! Up on frickin' penny! Nice work PPT.
You know there were orders triggered when it topped 1500 and I am wondering if the Davos crowd are all deciding to short the market now or wait until Bernanke retires.
I have a feeling they might just decide to shank Bernanke and let him retire a dismal failure.
I can't imagine they can resist riding the SnP down to 888 after riding it up to 1500.
Will they throw Bernanke under the bus???????