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Dow 15,000
Sure, why not...
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Break out the hats, Bitchez!!!
Dont forget the bubbly yo!
If this doesn't bring out the muppets nothing will.
Finally 15,000. Now I can buy in!!!
When gasoline hits $10/gal I will celebrate.
They didn't bid that.
No need for POMOs on Fed speak or NFP days....because the fabricated good news will move the markets up itself...
Now that 1600 and 15k is MISSION ACCOMPLISHED for SP and Dow....something will suddenly transpire over this weekend that takes everyone by surprise.
Time to celebrate will be short so party up this weekend.
15k! yahoooooo, Im getting shit faced with krugman tonight, maybe break some windows while we're at it. That should bring us to DOW 16k!!!
Remember Harare!
Isn't Bernanke getting the "runaway inflation" message yet?
Just in time for Planet X.
http://youtu.be/wp5sZAnWXls
NewThor,
I watched your videos regarding the comet ISON and I found them intriguing. Certainly the Comet of the Century should/would be more closely watched if it were such a big deal. I take it that you are of the opinion that they are hiding something. I'd be interested in hearing what it is that you really think is happening with the comet.
Comets are harbingers of bad news. The bad news is Dow 20,000. But honestly, why stop there?
We've got a strange minimally double peaked Solar Maximum, the Biggest comet known to man. Nearth Earth Objects and Asteroids and fireballs up 2000% in 4 years. I think we've got a brown dwarf/Red dwarf/Neutron Star lurking around somewhere.
....So I don't 100% think ISON is real issue. What's behind ISON is the real issue to me.
Though, if ISON is the normal size and make up of a regular comet, what will make it 15 times brighter than the moon? Why can't NASA take 2 pictures of it? And if they don't know where the comet came from, how do they know what's it's made of?
Oh. and the comet of 1665 did precede the Black Plague of 1666.
So the double dusting could be bad.
/shrug.
Forgive me guys, I am sick of Bernanke. :P
Apparently not. Roaring markket with no underlying real fundamentals = moar inflation.
Of course, we are now in Bizarro world, so who the fuck knows?
The Tao Jones
http://www.apeconmyth.com/00014-the-tao-jones/00014-the-tao-jones-part-1/
He's managed to keep the money in few enough hands to not worry about inflation... except maybe on Porsches and million dollar homes.
I feel we have reached a permanently high plateau.
Art Cashin talking about how impressed he is...will drown some ice cubes this weekend. Good for him, he needs a break. THings have been tough for him I'm sure.
Love the old Fart, got respect for him, but like him, I have thrown in the towels....we have taken this path (the society as a whole voluntarily or not) of living the life for another few months and dealing with even bigger problems down the road. But everyday I wake up, I look around me and this life is feeling more like a fantasy and when I sleep is when I see glimpse of whats to come in the future and it aint looking good.
About all you can do is sip some good local brew.
Amen to that, brother. Last night we had a near meltdown here at TD headquarters. The head chef was grilling a lovely tri-tip steak while simultaneously perusing the grimmer-than-usual news on ZH. A deep sense of foreboding (DOW 15000?) came over him and he decided to call it a day at approximately 8:45 p.m. After passing the baton/spatula off to the sous-chef he drifted off to an uneasy slumber. Apparently, after taking the steak off the grill and setting it on the back of the stove, the sous-chef nodded off as well. Sometime after that, the dog decided to help himself (he's a big boy) to the resting tri-tip, in so doing sent the plate it was resting on crashing to the floor. Being awakened by breaking glass when you are having unsettling dreams only adds to the chaos, and the humans came flying out of their bunks to investigate. We cought the hound red-handed, the steak firmly in his jaws, and for a moment there was a tense stand-off. Oh well, we can laugh about it now....
6PM Pacific ...Bank Holiday...surprise!!!
I'm seeing continued POMO culminating in a 5 bln day on opex. I don't know if it will go much above these levels, but it's really hard to put any money on it going below these levels.
Strap on the rat cage and party like it's 1984 ....
Cel-e-brate good times come on!
I'm waiting for Kool-Aid Man to burst through the wall at any moment screaming "OHHHHHH YEEEEEEAAAAAAAHHHHHH!!!!!"
<Lurch voice> You raaang? </Lurch voice>
http://www.youtube.com/watch?v=d0weBTA-TCI
http://www.youtube.com/watch?v=9n4oyJPK0fE
Buy now or be priced out forever!
Muppet Safari.
See a doctor if you have a market erection lasting more than four months of POMO.
best comment of the week
What is your avatar trying to say... c'mon , you can tell us.
looks like...Fuck you Bernake.
It's great to see that the paper-shuffling sector of the economy is humming right along. We need more brave patriots to trade stock certificates all day to really get America working again. These fine "makers" are the true engine of the economy!
I don't always break record High, but when I do it, it's because....because what?
Just because.
Because...reasons.
Thanks Blythe!
Yippee...I only need to change one digit on my old Dow 10K hat !! ....All Hail the Bernank !
Bernank's a short-timer.
And the old skinflint is starving the economy with a miserly $85 billion a month of fresh fiat. /sarc
I'm Yellen' for Janet ... and so is Wall Street!
Can somebody please explain how this is happening....?? Is it really that manipulated? Who is buying...? Ben?
+1 Awesome avatar.
Nah, that would be illegal. So Ben creates reserves, then loans them out to his friends (usual suspects) for ZIRP and THEY buy it.
They float from treasuries to stocks to MBS depending on the lunar cycles and whatever needs reinforcements.
pods
"Can somebody please explain how this is happening....??"
http://youtu.be/vieVvBsMgjQ
No one I know trades the market, but they all have a retirement account of some sort. 401k = permalong, can't sell even if you want to.
I tip my Dow 15000 (and ultimately Dow 20000, Dow 30000) cap to you Ben Bernanke. You own the stock market (and bond market, and and and) and it is your bitch. You are a GOD.
Mines says DOW 20K, too soon??
Zimbabwe Style! DOW 5,000,000 Here we come!
http://www.youtube.com/watch?v=deuC8GPr31A
Yeah, 15,000 ain't shit. I'm going all-in at DOW 15 trillion!
<--- Next stop DOW 20,000
<--- Next stop DOW 10,000
'stop'?
He hasn't read about Weimar Germany. Dow 10 trillion!!!!!
Yeah, I was just thinking about those 200%+ up days on the Zimbabwe Stock Exchange....
I'm thinking of the guy walking out the back door of the bank with the armfuls of cash.
and a trunk full of gold.
Market indices written in scientific notation - coming to an equities market near you!
To infinity - and BEYOND!
Eventually :
DOW: 1000000
Price for an egg: $1000000
Remember Zimbabwe.
Excellent I'm off to freeze some eggs and use them to pay off my mortgage in a few years!
A few chickens will be able to make more money than Ben's printing press!
A box without hinges, key or lid,
Yet golden treasure inside is hid.
Golden eggs, no less.
Frozen eggs paying off the mortgage ... lmao. +1.
Laugh all you want, but in Weimer Germany they were trading solid gold watches and grand pianos for a sack of wheat. When you are really hungry and have no food, your "prized" possessions are not so prized.
Yes, I read that book, too. My laughter was at the image, that I've thought myself. I have my own stash of tradeables.
I have a stash of edibles.
"When Money Dies" by Adam Fergusson. Search around you can download the pdf for free. Great and informative read.
That's the one. Read it three times, always refreshing because the author is quite subtle and it's easy to miss details in any one pass.
I have a stash of "discretionary" items, some consumable. I figure if it turns towards starvation, my belly will do the thinking. It's a sobering thought.
"There's a storm coming, Mr. Wayne. You and your friends better batten down the hatches, because when it hits, you're all gonna wonder how you ever thought you could live so large and leave so little for the rest of us."
It's getting to the point where it all looks so silly, the consensus will change like the weather and the storm will be violent.
A real "Shit Storm"!
http://www.youtube.com/watch?v=tjMkqFmRGL4
I can't wait for the storm...
...as I'll be dancing in the rain.
.
Someone please fan the fire faster...
Ill be going to sleep to this tonight. Night Ben......
https://www.youtube.com/watch?v=hX-ptB8lz1s&feature=youtube_gdata_player
Edit: start at 1:20 if you must.....unless you love guitars...
bust out the hookers and blow...
Wall Street can increase the service sector with all the huge bonuses.
I called Hector....i told him to bring it ALL.
What's the over/under on closing above 15,000
Skittle Shiting Unicorns/
Yes, they do exist.
Right now it's easy to suspend disbelief in anything the way shit is going.
DOW 15,000, total debt outstanding...
Yeah, as Charlie Sheen would say, "Winning".
"Tiger Blood" LoP
Welcome to the true definition of " Blow/poP OFF top"...
I think by now we are officially Bi-Winning.
pods
15K DOW is a part of the new economic propaganda campaign:
"It's Gets Better (for jew bankers, corportists, and Hedge Fund managers)."
At the moment I count 3 of Pavlov's dogs.
pods
And gold can't even go back above $1500. What a useless tosser!
fuck off
He still didn't buy any?
I did.
N i'M STACKING SIOLVER AND PLATINUM, lIKE A RED HEADED STEP CHILD.
i lost my virginity to a redheaded step-child.
Do you still remember his name?
Stacy....as in Keach. I think he works for CNBC now.
That's an awesome response +1
Ya know, there really isn't a better phrase in the English language besides that one.....
It's laconic and very direct. No words wasted.
classic!
I like being succint.
GLD is not gold!! - the true price of gold is one of the cards face-down at the moment. When fliped face up, the world will change forever.
Central Bank Play:
Long physical gold
Short paper gold
Long govvy bonds
Short VIX
Copy/paste and piggyback to win.
I think I just came.....
you're not sure?
maybe this is not the late stages of a market topping out, but the early stages of a crack up boom?
No volitility. Almost entirely up. Bot generated with loads of QE money.
We still have about $700 bln in QE to go for the remainder of the year, and this is assuming they don't accelerate it. I don't necessarily see a crack up boom, but I do see a managed incline.
Aaaand we're done. All downhill from here.
Maybe not. Wall Street wants to get retail involved. They have to keep the gig going.
'Retail'? Who is that, new service sector workers making base+tips? They're supposed to sustain the markets? Yea sure.
Back in the roaring 20's even the paperboy was a player.
It's a game. Everyone plays.
Why? There is talk of increasing the "indefinite" monetization from 85 billion per month to 120 billion per month? Do tell.
Yeah they can talk the talk but are they going to walk the walk?
Yes, because they have a printer. They are monetizing 85 billion per month and there is nothing to stop the Fed from increasing it, period.
85 large and it's just enough to paper over real deflation.
They're going neck-and-neck with the Red Queen. They need to run a lot faster and they know it.
Credibility?
got to grow the retirement accounts before we corzine them
MOAR MOAR MOAR
http://www.youtube.com/watch?v=xTsTIS-8III
Our diluted savings at work! Congrats you manipulating POS Bernanke.
Skewes' number (gesundheit) is 10^10^10^34 was used as an upper bound in a mathematical proof.
Risk F/X is laughing in the face of POMO!
Aussie yen had quite the erection.
tHE AUSSIE IS GOING DODO BIRD - Google Search
I can still remember when Max Keiser predicted a March/April Taxpocalypse Bondpocalypse Stockpockalypse Fiatpocalypse Market Crash in front of millions of listeners on Alex Jones last Fall. Ah, those were the days.
"Dollar Bears aren't wrong, just early." - Peter Schiff
John Willams @ http://www.shadowstats.com/ says the Dollar will sell off in May, basically the same type of prediction Max had.
We will see what May brings us, but I think the rate at which the collaspe is occuring is becoming rediculously slow.
A weak dollar is generally correlated with higher stock prices.
Once the wealth transfer is completed, the collapse will speed up.
It's tough to make predictions, especially about the future. - Y. Berra
I remember scoffing at someone when they told me the DOW was going to hit 15 k a couple years ago......Don't underestimate the lunacy of the central planners...
Remember when 165K job print was considered far too small to sustain a recovery? I believe this is still the case, no?
I remember when they said we needed 350,000 for growth and 165,000 didn't cover new entries into the work force. The propoganda is sickening.
and even that number is fake with the birth/death 'adjustment'
yup, but now that we are in the new normal, everything is positive. Bad numbers? MOAR QE, Good Numbers? MOAR QE as we are improving. MOAR QE means but moar equities hence, the Indices go up.
When you look at todays numbers and factor in/out the mythical Birth/Death Model estimates, which added a whopping 193K jobs, we are net net, negative jobs numbers if backed out.
http://www.bls.gov/web/empsit/cesbd.htm
All is well.
Le' sigh...
Yeah, but bonds are selling off, so this is not being viewed as bad news = MOAR QE....it's being touted (and apparently accepted) as a legitimate strong jobs print. It's just weird.
ZH offers no value to its followers by only showing one side of the coin
Are you kidding? I come here to hang out with assholes like you.
#Troll
\+1
Look how simplistic that guys burn on ZH is......... Must be his first day on the job.
i junked you because your dumb
I upped you cuz yer smaurt.
The 'other side of the coin' being what exactly....$10 trillion fake money to get here?
Whateva.
If your entry was in 2009, Fed intervention be damned, you made money.
Was it a risk? You bet. It doesn't diminish the run since.
Indeed. Of course, they are not real returns until you actually sell.
All of his coins are copper-plated steel slugs.
I thumb flipped a kruger today, my does it sing as it pulses in the air. Unfortunately I was on a boat, and fumbled the catch.
Try taking off your blinders.
Do tell, what's the "other side". Another "debts and deficits don't matter" troll? Please enlighten us...
As a lefty liberal type, I'm not your average ZH 'follower' but even i can see that the market is rigged for the short term shake and bake, show us data/analysis of this other side you talk of.
...I like the way both sides of my coins look....
dupe
Here is the other side.
They will continue to print more money.
Satisfied?
lol
That was a very good "shortanswer"
This is starting to remind me of Japan in the 80s.....with the top in 1989 at like 30k!!!
then just took a shit and never wiped.
To their credit, though, they did keep it off the roadside.
I'm gettin' DOW(n) with it! 0_O