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Tyler Durden's picture


Presented with little comment aside from noting that the only time stocks have been this 'euphoric' was right before the collapse in 2000 and right before the collapse in 2008.

Equity Euphoric...


and Credit Risk Appetite rolling over...


as Global Risk Appetite heads for Euphoria...


Source: Citi and Credit Suisse


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Wed, 02/06/2013 - 16:14 | 3221059 Ghordius
Ghordius's picture

Remember, children, you can't spell euphoria without the EU

nice, the great money wave will slosh to new shores and leave a few nekkid people again

perhaps we'll see this tsunami picking speed and go around the world in one week, and then in one day, and then...

Wed, 02/06/2013 - 16:30 | 3221129 Mark Carney
Mark Carney's picture

noting that the only time stocks have been this 'euphoric' was right before the collapse in 2000 and right before the collapse in 2008


In other words this shit has got legs to run to the moon for my ass is hurting from my NFLX puts :/

Wed, 02/06/2013 - 16:46 | 3221186 CPL
CPL's picture

Bullish.  Dead serious, this isn't falling anytime soon.  Governments around the world (including Canada) will drain their pensions and dump them into the markets well before a 'correction'.  This is the world now.  Shorting anything is fatal financially.  Puts are fatal.  Looking sideways at a stock costs you money.  Only route open now is to hedge the gaint tsunami of cash that will be unleashed from the 401k's and RRSP schemes.

Again, who's going to say any different now?

Nobody that's who.  Nothing anyone can do about it but stack.

Wed, 02/06/2013 - 16:49 | 3221202 Beam Me Up Scotty
Beam Me Up Scotty's picture

I agree.  Running the printing press at ramming speed changes things a bit.  If they create enough money to buy everything, how can anything go down?

Wed, 02/06/2013 - 19:07 | 3221611 CPL
CPL's picture

That's nothing in comparison to all the money sitting on the sidelines that has been officially and artifically removed from the money supply.

  • Roth IRA's
  • RRSP's
  • 401ks
  • Dividends, ALL of them on ANYTHING.
  • Public Pensions, ALL of them.
  • Social security has been the 'padding' this whole time on the budget GAP which isn't remotely fucking fixed.

- That's what in total?  100 trillion - 300 trillion in USD?  Dumped on to the entire western hemisphere.  There won't be anywhere on the planet you will be able to hide from it.  

You know when it really is over?  

When they want all the money loaned to the banks back...0_0...yeah.

Wed, 02/06/2013 - 19:58 | 3221720 trav777
trav777's picture

The Fed wasn't printing $45B a month back in 2008 or 2000.

Look, it's going to frost a lot of balls, but the denominator is changing and you need to recognize that.

Wed, 02/06/2013 - 21:37 | 3221934 CPL
CPL's picture

It's 85 billion plus whatever operating capital they've been stealing from Social Security.  

I think we're nearly due for the T word on a month by month basis very soon now.  Should render the last of the hard metal currencies as worthless tin and zinc.  The political will is there to steal it, all it takes is a narrow to slim passing vote for some over the top named scheme, Operation Financial Viagra...Great Rebalancing Act of 2013.

Thu, 02/07/2013 - 00:22 | 3222196 boogerbently
boogerbently's picture

Looks to me like they owe us another 30-60% parabolic run before the next collapse.

Wed, 02/06/2013 - 16:52 | 3221215 SeanJKerrigan
SeanJKerrigan's picture

Now did anyone else think the Superbowl blackout was a perfect metaphor for our sick fucked up country?

I wrote this up the other day: Superbowl Bullshit


Once you get into this mindset of viewing the Superbowl as a microcosm of our society, all sorts of hidden deformities come to the surface. Lets start with the advertisements. After all, there would be no game without them. Take the Oreo ad where passionate cookie lovers beat on each other and burn down a library. Then there’s the GoDaddy ad which is not only hyper-sexualized chauvinism, but as a friend of mine pointed out, a distilled corporate form of sexuality, which is somehow even worse. 

But commercials are nothing new. You don’t really get to understand America’s perverse nature until you tap into our tendency for nationalism and self-aggrandizement. The spectacle really began with a choir of kids from Sandy Hook Elementary School singing America the Beautiful (first verse only because that’s all anyone knows!). Yes, lets watch the survivors of a recent tragedy sing an ode to a nation that doesn’t exist, meanwhile our government bombs the shit out of thousands of kids just like them in other nations. What a treasure.

Read the rest. Thanks for your patronage.


Wed, 02/06/2013 - 17:20 | 3221307 willwork4food
willwork4food's picture

I know what you mean about sexual depravity overtaking America. Hell, even I would kiss him for a few million.

Call me a whore blogger.

Wed, 02/06/2013 - 16:55 | 3221219 TruthInSunshine
TruthInSunshine's picture

Jamie Dimon's league of extraodinary parasites and their ilk can't make any real dolla' dolla' bills y'all without volatility and periodic big dumps.

In very polite, subtle language, especially when testifying before brain dead Senators, this is referred to as "financial crises happen regularly every several years as it's the nature of markets."

Aside from that, even Joe Q. Sheeple sitting in front of his Mad Money Trading Terminal gets leery when regularly spotting P/E ratios in the 6,000 range.

Wed, 02/06/2013 - 18:42 | 3221537 RebelDevil
RebelDevil's picture

and what of the bond bubble?

Wed, 02/06/2013 - 20:11 | 3221750 SAT 800
SAT 800's picture

Short the S&P500 two contracts; $100 a point; I retired doing this kind of shit when I was 34 and I'm 70 now. Want to bet? how much do you want to bet. To call your analysis simplistic would be an insult to simpletons.

Wed, 02/06/2013 - 16:14 | 3221060 Fips_OnTheSpot
Fips_OnTheSpot's picture

what goes up, .....

Wed, 02/06/2013 - 16:18 | 3221083 Dr. Richard Head
Dr. Richard Head's picture

...must go upper.  - Ben Bernanke

Wed, 02/06/2013 - 16:47 | 3221130 TruthInSunshine
TruthInSunshine's picture

A Wall Street Nursery Rhyme

by: TruthInSunShine

Once bitten-- twice shy.

Sheep twice bitten-- why again did you try?

Sheep thrice bitten-- hey dumbass, just give ME your money, let ME kick you in the balls & save you some time.

Wed, 02/06/2013 - 17:13 | 3221285 eclectic syncretist
eclectic syncretist's picture

Bennie and the Inkjets will be jammin in the printing press basement of the Federal Reserve tonight!

Cue up the Market Commentary muzak Timmah!!.......


Wed, 02/06/2013 - 19:54 | 3221711 ZeroChance
ZeroChance's picture

Except when it doesn't.

Keep your heads on, folks, don't lose perspective.  Nobody has perfect control and things are on a razor's edge.

Wed, 02/06/2013 - 16:23 | 3221103 kliguy38
kliguy38's picture

Gotta get another hit offa dat Fed chit goin'

Wed, 02/06/2013 - 16:16 | 3221071 katwoman
katwoman's picture

For as much as I'd love to agree with you, it still has moar to go sadly...Close but no cigar, YET

Wed, 02/06/2013 - 16:31 | 3221135 GolfHatesMe
GolfHatesMe's picture

we never run out of hipocracy

Wed, 02/06/2013 - 16:46 | 3221184 otto skorzeny
otto skorzeny's picture

is that a combination of hypocrisy and democracy? I like it

Wed, 02/06/2013 - 16:23 | 3221074 Randall Cabot
Randall Cabot's picture

Yeah, but they didn't have QE/POMO back then.

Wed, 02/06/2013 - 16:31 | 3221127 walküre
walküre's picture

Correct but they didn't have to be concerned about the fact that digital wealth on balance sheet is worth shit when a loaf of bread costs a million bucks.

The real flight to safety is coming and it will crash everything in its wake.


Perception of those holding wealth is no different in 2013 than it was in 1923, then Weimar Germany's ill fated attempt to print itself out of debt killed all trading and created a demand for anything tangible which promised to preserve wealth.

Governments will not roll over and default, they will dilute currency and degrade the faith in currency over time. How quick it will unravel is anyone's guess in the face of massive propaganda efforts to try and convince the people otherwise.

Cracks will appear and protests will erupt. How the media fails to report on those events is key. Evenutally though people as a population will figure things out for themselves and they will turn off the propaganda and start preparing for the WORST. That's long after the wealthy elite has started to prepare and stack.

Wed, 02/06/2013 - 17:05 | 3221258 Beam Me Up Scotty
Beam Me Up Scotty's picture

"Correct but they didn't have to be concerned about the fact that digital wealth on balance sheet is worth shit when a loaf of bread costs a million bucks."

I used to think there would be one more crash before hyperinflation took off.  Not so sure anymore.

Wed, 02/06/2013 - 18:30 | 3221502 walküre
walküre's picture

When a loaf of bread costs a million bucks and the S&P is at 1500 points, it has inadvertently crashed. That's how the scales will tip and even with NFLX $10,000 share. You really want to own NFLX as a store of value during hyper inflation?

Wed, 02/06/2013 - 18:17 | 3221461 Panafrican Funk...
Panafrican Funktron Robot's picture

It's really to me about whether they can keep mainlining the drug addicts with television/gadgets, junk food, and subsidized housing.  As LoP is correct in stating (and I'm actually happy he often repeats it, because it's the real key), a break in the supply lines is the only thing that's going to bring this shit down.  Analogies to war and the role supplies play in the tactical/strategic picture are worth exploring here.  

Wed, 02/06/2013 - 18:50 | 3221565 CPL
CPL's picture

Cracks have appeared everywhere.  Riots over the past four years and gathering in intensity. so because it's not on your doorstep yet doesn't mean it won't be soon.  Means that food is still too cheap.  

Wed, 02/06/2013 - 16:17 | 3221080 localsavage
localsavage's picture

When everyone I know tells me that they are slow at best and I hear the opposite from the media/government, I know that it is about to end badly.  Timing it is the real problem

Wed, 02/06/2013 - 16:18 | 3221082 astoriajoe
astoriajoe's picture

how do they define Euphoria?

Wed, 02/06/2013 - 16:19 | 3221084 kengland
kengland's picture

Same old ZH drivel. Can you provide just a little bit more context between the three periods? I'm thinking the global monetary policy has changed a bit, but I'm not sure. I suppose if you tell me it's coming down, it's coming down. After all, it's been coming down since 666. Deafening.

Wed, 02/06/2013 - 16:28 | 3221119 economics9698
economics9698's picture

Go long brother.

Wed, 02/06/2013 - 16:32 | 3221131 kengland
kengland's picture

Stay out brother. That's the way that's handled. Why even fulking talk markets? It's gone. It's a monetary game facilititated by global banks everywhere. By the way econ, I only paroose ZH now to read yours and travs posts. I'm with you. Need more folks like you.

I will aslo add that posting anything any more is very risky. To think this and other blogs are not monitored is insane.

Wed, 02/06/2013 - 16:47 | 3221190 otto skorzeny
otto skorzeny's picture

I'd say to invest in ammo- but it's impossible to find.

Wed, 02/06/2013 - 18:02 | 3221419 Osmium
Osmium's picture

Not impossible, but I don't feel like paying a buck a round for 5.56

Wed, 02/06/2013 - 17:34 | 3221357 e-recep
e-recep's picture

they can monitor this. ***grabs crotch***

Wed, 02/06/2013 - 16:20 | 3221090 yogibear
yogibear's picture

Just close your eyes and believe in skittle pooping unicorns and we can keep the euphoria going. Just believe. 

Wed, 02/06/2013 - 16:20 | 3221091 bonzo112358
bonzo112358's picture

So this means I should buy then right?

From the aptly named The Day the Earth Stood Stupid

Fry: What are we going to do?
Professor Hubert Farnsworth: Duh, I know, let's play the lottery.
Amy Wong: No, let's buy internet stock.
Dr. Zoidberg: On margin. Zoidbee wants to buy on margin.
Hermes Conrad: [holding a board in front of his face] Look at me. I'm invisible.
Fry: Wait a minute, I know what's going on here. You've all become idiots.
Bender: Hey, let's all join the Reform party.
Everyone: Yeah.

Wed, 02/06/2013 - 16:21 | 3221099 Dollar Bill Hiccup
Wed, 02/06/2013 - 16:23 | 3221105 smart girl
smart girl's picture

I agree with you and I love you Tylers. Happy Valentine's Month!

Wed, 02/06/2013 - 16:23 | 3221107 ekm
ekm's picture

This is absolutely NOT euphoria.


This is primary dealers owning most of S&P and having nobody to sell the shit to, hence forced to keep buying all crums that the rest are selling.


Any S&P point above 1000, is basically primary dealers selling the same batch of stocks to each other over and over and over in dark pools.


When I say S&P at 400 INEVITABLE, I mean it.

Wed, 02/06/2013 - 16:41 | 3221172 hannah
hannah's picture

ekm - why would the market be 'worth' $400 when TSHTF...? i say zero............

Wed, 02/06/2013 - 16:45 | 3221183 ekm
ekm's picture

The real value I see is 700 pts for S&P. At 1000 all retail it priced out. Anything above 1000 is primary dealers selling the same shit to each other.


By historical definition, anything that overshoots, will undershoot.

I'd say the shit hitting the fan, is no good for this case. The shit will hit a nuclear reactor in this case.

Whatever the value is, I will put all my money at 400 S&P.

Wed, 02/06/2013 - 18:35 | 3221524 walküre
walküre's picture

By putting your money at S&P 400 you mean "shorting"?

What makes you think you get to collect once you pass GO?

S&P at 4,000 or 400 is bullshit to own anything in the market. Only thing you want to have then is what you can hold and trade to eat and keep your life. Try and buy protection with paper certs or anything in electronic accounts. The muscle you need to surround yourself with won't stick around for that shit.

Wed, 02/06/2013 - 20:27 | 3221791 hannah
hannah's picture

let him try and cash out his brokerage fund without a clearing service...ha! no one will be getting anything.

Wed, 02/06/2013 - 23:13 | 3222116 ekm
ekm's picture


At 400 I will put my money in.

Now I'm cash.

Wed, 02/06/2013 - 16:43 | 3221176 ebworthen
ebworthen's picture

S&P 666 was gratifyingly smybolic, but 400 would be better, and 300 even betterer (Molon Labe!).

Wed, 02/06/2013 - 16:50 | 3221199 ekm
ekm's picture

The retarded keep saying that SP 1400 is great.

The morons do not understand that Brokers live off trading fees. At 400 a lot of trading, at 1500 no trading.


For Wall Street to survive, S&P at 400 is inevitable. They need fees.

Retail will be lured at 400 since they will consider it as "savings for retirement". At 1500 they can't afford it.

Wed, 02/06/2013 - 17:12 | 3221282 Beam Me Up Scotty
Beam Me Up Scotty's picture

No one will have any money to trade at S&P400.  Who is going to have any money?  There's not much dry powder laying around.  The SNAP card people are out, the middle class is definitely out.  And the people that have any perceived "wealth" will lose most of it when the S&P goes from 1500 to 400.  They will be out too.  Zimbabwe had the best performing market, they can create that illusion here too.  Im not advocating for that, I'm just wondering why you think it will crash.  They will buy it all until they own everything.

Wed, 02/06/2013 - 17:17 | 3221294 ekm
ekm's picture

Retail is cash. They've been forced to cash out, it's been many years already.


It's either S&P at 400, or Wall Street disappears, except for primary dealers.

Wed, 02/06/2013 - 18:21 | 3221469 Panafrican Funk...
Panafrican Funktron Robot's picture

"It's either S&P at 400, or Wall Street disappears, except for primary dealers."

And there, my friend, is where you have the answer for why S&P at 400 is very unlikely.  Bleeding absolutely everyone else dry is the alpha and omega of the TBTF.  

Wed, 02/06/2013 - 18:39 | 3221530 ekm
ekm's picture

It would mean IMMENSE UNEMPLOYEMENT in the financial sector. Right now it's about 8% of the whole economy.

I disagree. One or two primary dealers are going down.

Wed, 02/06/2013 - 20:54 | 3221851 ebworthen
ebworthen's picture

So I'm kicking myself for not buying Las Vegas Sands when it was at $1.

I had a lot of dry powder, but didn't want to play in the Wall Street casino.

Besides, I'd just have to pay a bunch of obnoxious taxes on the capital gains.

But still, I would have enjoyed going to one of the properties and partying on the proceeds.

Oh well, hindsight is 20/20.  Been buying Gold and Silver since then so not all a loss, and I may just cash some out to have a bender.


Wed, 02/06/2013 - 23:12 | 3222115 ekm
ekm's picture

You should know that the poorest are the ones buying lottery tickets.

Wed, 02/06/2013 - 16:24 | 3221110 Laser Shark
Laser Shark's picture

It's different this time.

The markets just need to snort some more fiscal coke and shoot some more monetary black tar heroin.

They can't die.  They are invincible.

Wed, 02/06/2013 - 16:28 | 3221123 Laser Shark
Laser Shark's picture

BTW, they can quit whenever they want to.  They just don't want to right now.

Wed, 02/06/2013 - 16:26 | 3221117 rubearish10
rubearish10's picture

How come I don't see it?

Wed, 02/06/2013 - 16:32 | 3221137 Spastica Rex
Spastica Rex's picture

The market can go up forever, all you have do do is change the definition of "market." They already did that.

Wed, 02/06/2013 - 16:34 | 3221143 kengland
kengland's picture


Wed, 02/06/2013 - 20:18 | 3221766 SAT 800
SAT 800's picture

It's all about psychology. After the eupohria comes the last buyer; after the last buyer comes the bear market. over and over and over again. Nobody has "bought" or runs the market; when the big funds start selling, you'll know about it.

Wed, 02/06/2013 - 20:19 | 3221770 SAT 800
SAT 800's picture

facetious verbiage; it's still a market.

Wed, 02/06/2013 - 20:25 | 3221783 SAT 800
SAT 800's picture

Why should you be able to see it? you're not a trader you don't read charts; you don't know anything about market history or psychology; why should you see anything?

Wed, 02/06/2013 - 16:37 | 3221159 AccreditedEYE
AccreditedEYE's picture

Jim Cramer said the market can keep going up and to buy it.... gotta be true. lol

Wed, 02/06/2013 - 16:38 | 3221162 Conman
Conman's picture

Look at that algo pattern up after the drop earlier. holy crap they make no pretense about making the "market"  look organic anymore.

Wed, 02/06/2013 - 16:43 | 3221165 otto skorzeny
otto skorzeny's picture

short squeeze til you bleed from every orifice. also-saw 2000 layoffs in chicago area at Jewel Foods and Walgreens HQ(well paid mid-managers)-Green Shootz-bitchez

Wed, 02/06/2013 - 18:40 | 3221532 walküre
walküre's picture

Big retail giants like Sears, Office Max, Best Buy, JC Penney etc are closing anywhere from 15% to 25% of their stores nationwide and will have massive layoffs. That's a HUGE correction coming when 70% of the national economy happens to be consumption and much of it is retail.

Consumption has gone down a dark rabbit hole, now comes the REAL contraction.

Thu, 02/07/2013 - 05:17 | 3222423 andrewp111
andrewp111's picture

Then why are the DC area malls more packed now than they were around Christmas? Something doesn't add up here. There is a lot of money coming from somewhere.

Thu, 02/07/2013 - 13:59 | 3223461 LFMayor
LFMayor's picture

somewhere?  In these here parts, we call them Taxpayers.

Wed, 02/06/2013 - 16:41 | 3221169 ebworthen
ebworthen's picture

I'd bet CALPERS is buying euphorically.

Wed, 02/06/2013 - 16:41 | 3221173 NEOSERF
NEOSERF's picture

I dunno, but I think if I worked at say the CBO or NAR i would say that there is another 20% in that thar euphoria chart before things might go down...Dow 15K, giddeeeupp doggies...

Wed, 02/06/2013 - 16:43 | 3221177 The worst trader
The worst trader's picture

I smoked some Euphoria last night............... Didn't help.


Thu, 02/07/2013 - 12:03 | 3223107 e-recep
e-recep's picture

holy moly, whos that in the avatar?

Wed, 02/06/2013 - 16:47 | 3221194 dr.charlemagne
dr.charlemagne's picture

Ummm, anyone watching PLATINUM? whats up with that?

Wed, 02/06/2013 - 16:49 | 3221203 WTF_247
WTF_247's picture

 The algos are all in massive buy mode.  Try shorting something and see how you do.  Most days are spent with 80%+ of the time buying SP futures.  Even today - they had a brief correction for about 45 min, then right back in there with nothing but buying for the next 3 hours.

Sure - there are some stocks that do correct - but overall they are doing the same correlated all sector ramp as they have for the last 30+ trading days.

Until the tide turns its very difficult to try to position for the correction - it could go 10%+ higher first.  Once you see the market completely disconnected from any and all economic factors (bad news up, good news up) that tells you to NOT bet against it.

Wed, 02/06/2013 - 17:04 | 3221257 LongSoupLine
LongSoupLine's picture

Those charts look just like the imprint bernanke's fucking shit covered prick left on the asses of middle class taxpayers.


Fuck you Bernanke you fucking middle class financial raping fucking asshole

Wed, 02/06/2013 - 17:43 | 3221380 Darksky
Darksky's picture

They come from miles to listen to the LongSoupLine man.

You are too fucking funny. Thanks for the gut buster

Wed, 02/06/2013 - 17:13 | 3221286 stateside
stateside's picture

A big thank you to Ben and the western central banks this week.  Thanks to Ben, I was able to exercise some company stock options at multi-year highs and thanks to the western central banks I was able to use it to buy some physical gold at artificially depressed prices.  Have to run out now and get the "thank you" cards for them.


Wed, 02/06/2013 - 17:48 | 3221389 Beam Me Up Scotty
Beam Me Up Scotty's picture

Except you told everyone on the Internets about it, and now they are going to be looking for YOU.  You better go have a boating accident, FAST!!

Wed, 02/06/2013 - 17:26 | 3221334 WhiteNight123129
WhiteNight123129's picture

Despite the same numeric ~peak~, the S&P in real terms is much lower than 2007 and very very much lower level than 2000.

Also the 2007 was pumped through credit bubble, right now the market participants (banks) are using new printed money to pump the stock, so that does not pose a systemic risk.

The bubble of credit is Treasuries, as long as they fall orderly we are good. Ok teh S&P is not cheap, but aside from the Treasuries, there is not the private market credit bubble pricking, student loans?

In other words, in large money pumping situation, as long as we do not enter another credit boom, we just will have unlevered cash sitting idle being spent which is inflationary without raising total debt. We will have a shitty currency, we will have bonanza for short duration trades, and a nice 7-10% in 5 to 10 years and voila!


Wed, 02/06/2013 - 17:27 | 3221337 natronic
natronic's picture

I think the runup will be higher than the last time and we will see new "highs" due to QE Infinity and the coming inflation that even the hoover dam won't be able to hold back.

Wed, 02/06/2013 - 17:44 | 3221382 CDNX fan
CDNX fan's picture

NEVER EVER underestimate the replacement power of equities within an inflationary spiral...this is not is fear. Big money is exiting cash and cash equivalents in favour of stocks in order to hedge against a crash in the USD

Wed, 02/06/2013 - 17:46 | 3221385 Cortez
Cortez's picture

Remember that even the space shuttle Challenger continued higher after it exploded... until it didn't.

Wed, 02/06/2013 - 17:47 | 3221387 CDNX fan
CDNX fan's picture

The Wall Street banks are impaired by the collateral behind the toxic debt and the FED has been buying that crud from the NY banks...the FED needs to reflate the USD - denominated collateral by cratering the currency in order to have the collateral become whole. In that type of environment, you want to lose cash and cash equiv's like really fast - hence we have rising stocks.

Wed, 02/06/2013 - 18:09 | 3221412 earleflorida
earleflorida's picture

funny how aapl reached its all time high not so long ago... and now its been nearly [~] halved-- by comparison the S&P just broke 15k+ and the tale of the tape is fading fast?-- what i see is a sink hole that gonna need a lot of back filling... 


Wed, 02/06/2013 - 18:41 | 3221529 Monedas
Monedas's picture

The hysterical reproductive furor of an engorged uterus .... or .... euphoria .... that works, too !

Wed, 02/06/2013 - 18:59 | 3221591 alfbell
alfbell's picture



No one knows what is really going to happen here. Not even the interventionists and manipulators. This is new territory. Prediction is almost impossible. Even being a contrarian (whichever way the herd is running, go the opposite way) isn't a solid plan.

Gonna just sit back and watch the movie.

Thu, 02/07/2013 - 04:22 | 3222401 andrewp111
andrewp111's picture

We could have a boom that spikes oil and then crashes the system. In any case, something changed in the last month. DC area malls are now far more crowded than they were around Christmas!

Wed, 02/06/2013 - 19:45 | 3221698 chump666
chump666's picture

Either way, the money printers days are numbered.  They cannot inflate equities forever without a collapse in bonds, by natural design the bond market will force the play.  The burden of this capo/commie crony based market experiment will probably kill them or make them insane, Bernanke looks over halfway there.

With no real recovery at hand, a market crash will be a nail in the coffin for the US economy and world. 

So they will try, try very hard to keep this bid...but it will be a hopeless effort.

Wed, 02/06/2013 - 20:15 | 3221758 SAT 800
SAT 800's picture

Absolutely correct Tyler; Euphoria is what precedes crashes; it's all psychology and this is the psychology of a bubble. I'm short and when I get stopped out I'll let you know.

Mon, 02/11/2013 - 17:58 | 3234831 Tombstone
Tombstone's picture

According to the approximate 6-8 year cycle, stocks fell in 1974, 1980, 1987, 1994, 2000, the next drop will be in 2014-2016.  This will give Benny time to buy the moon, sucker in Ma and Pa investor and sink the whole ship in time to re-elect the stumblebum of choice (or his clone) to another term because we have to.  WHY? To save the country from the evils of capitalism and prosperity, of course.

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