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Previewing Today's Market In One Picture
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It'd be funny if it weren't so true.
Since when does the PPT allow cameras in the office?
Thomas Crown in the background....that's the real sign.
Excellent!
Isn't he the quant the Fed just hired?
this is to easy, even CNN has caught on to the Tuesday ramp!
Come on baby, Blackjack. 21 in a row. (Even marketwatch knows. It's really bad.)
That this post even exists is simply evidence of the complete farce that the "market" has become.
Now that the Fed has bailed out every last dead, corrupt, crony company in the entire nation, someone please explain to me how the undoing of all of this mess is likely to result in a vibrant economy once again? Please, do tell.
Thank you Ben Bernanke...for this utter wasteland you have made for Average American Joe.
Breaking the chain of Tuesdays (it will happen sooner or later) will be a huge psychological blow. Here's to today being the day.
The market is a farce when all one needs to know is a single, spurious statistical trend to negate all fundamental analysis.
That belief in the trend, plus some sort of electronic buying device, and you're beating most hedge funds year after year.
Now, just tell me when to lock in the gains. It doesn't have to be the day... just tell me what year reality and market forces will return.
2013
As the US always does the military, great way to boost the economy, now which 3rd would coutry to invaded this time.
War not invasion, theres a diffrence.
He knows all there is to know.
The E*Trade baby is allowed to trade in school?
go all in on AMZ ..duuuude
TSLA, it's bound to rebound......
Youz guyz iz killin' me! LOL!!!
He promised he wouldn't wash this shirt until there is a down Tuesday.
Not good for the social life.
Of course the Indian next to him is pissed that he is so open about it. Indians like to stay under the radar.
It looks like he is buying AAPL.
There's even a Magritte poster in the background to remind people what they have become ...
Book behind : Fuel for the future
Felix Baugmgartner jump
Did he purchase that t-shirt from the ZH store?
There are still books in libraries?
DHS has ripped some pages out, only the important stuff was left behind, for the children of course.
at least he's not left behind....
He is actually ahead. He is reviewing the midget porn appendix to the SEC application for setting up a Long Tuesday hedge fund.
"There are still books in libraries?"
They are kept around to maintain the illusion that the library has not become a publicly funded internet cafe and video game rental parlor.
Are there still libraries?
Libraries could be very valuable if the internet is ever down. Maybe Rod Serling was clairvoyant with his Burgess Meredith episode about the banker who loved to read...
Site called worldcat.org that's a great resource. It's connecting libraries on a global basis. They're not even connected by county where I live.
Libraries today exist solely as de facto homeless shelters and places for said homeless to surf Internet porn.
That's not a library, it is a propaganda distribution center of the Ministry of Truth.
Real libraries are few and far between, but often worth the trip, the problem is the ones that aren't burnt down are often very selective about who they let in.
451 Fahrenheit is getting very close ; maybe Freitag?
Did you mean 451 Fiatenheit?
Hum..., I don't know. It's really hard to start those digital zeros and ones actually burning. They're there one minute and phfft!, gone the next.
What do you think Linda?
That's no library...it's a space station.
go on... what's a real library? Curious.
If I had to guess, I would say one that isn't owned by the state.
Their collections cater to distinct tastes, they often have public collections in addition to thier unique research collections, which are often targeted for destruction by rising or falling PTBs... Given the thousands of years of civilization across varied populations - a list is impractical but here's a diverse set of examples that should be familiar to the US-centric ZH crowd-
Library of Ashurbanipal
Epang Palace (and the fires of Qin)
Imperial Library of Constantinople
The Library of al-Hakam
Bibliotheca Apostolica Vaticana
Bibliothèque nationale de France
The British Library/National Archives
The Library of Congress/National Archives
Department of Defense Research and Technical Libraries
The House of the Temple Library
The Federal Reserve Board Research Library
The Hoover Institute
Ahmed Baba Institute
William J. Clinton Presidential Center
'Should' be, but aren't
A pity, since if some neo-Keynesian fascists coming goose stepping into power- some whipper snapper at the Ministry of Truth would likely be charged with orchestrating a fire that consumes whatever non-digitized manuscripts and correspondence are housed at the Massey and Ward Libraries... Rinse, repeat.
"Their collections cater to distinct tastes, they often have public collections in addition to thier unique research collections, which are often targeted for destruction by rising or falling PTBs...
Library of Ashurbanipal Epang Palace (and the fires of Qin)
Imperial Library of Constantinople....
William J. Clinton Presidential Center"
With the latter catering to distinct tastes which can not legally be sent by US mail.
Yeah, it's nice that the .gov put up the booths so the homeless can jack off in a public/private area.
"There are still books in libraries?"
Yes, but worse there are still 260,000 US Postal Service trucks delivering mail that could be delivered through the internet.
Why don't the environmentalists complain??????????????
Not to mention that the USPS loses over $15 BILLION per year.
Do you know you can't e-mail the government of Canada (important data or forms)?
And guess who owns Canada Post, that you have to mail the forms through?
Hahahahahaha!
In Chicago, the third Wednesday and Thursday is its POMO day.
if one flips a fair coin 21 times, then the probability of 21 heads is 1 in 2,097,152. However, the probability of flipping a head after having already flipped 20 heads in a row is simply 1/2.. A Bayes application..
As Bill Gross stated on FED policy we can now put a number on how much it hurts. Call it moral hazard. Marketet making, mark to bonus, failure to liquidated bad debt... You Pick and we keep the same people in office... Well the numbers only work on a fair coin......... Gee it Just says "It's Tuesday"
+1 for the discrete probability linkage. Sadly, all of my "fair coins" were lost in a boating accident...
What's the probability of making a profit Flipping your 21 house after you have just lost money Flipping 20 houses??
got to be dumb or colorblind to lose on those twenty trades.
See Casey Serin
That's so unfair.
No, the probability of flipping a head even after a zillion heads is still 50% if the coin flipping is a random process.
Thats what he said. re-read please.
I can't see that part of his post cause the small text runs off the screen.
It's in italics. Same size print. Here it is again...
"However, the probability of flipping a head after having already flipped 20 heads in a row is simply 1/2.."
1/2 is 50%.
However, stock price is not random. $85B per month of wind toppling it onto the "heads" skews the probability model.
...except, of course, when people start front-running the "fact" that on Tuesdays "equities always go up".
Then, you'd effectively add an increased selling pressure on the day itself, which would make it more likely to go down.
Of course, that this doesn't materialize matters little. Uncle Benny's splooge session continues.
"A" for effort, "F" for execution.
A sequence of coin flips follows a binomial distribution (you can use a Bayesian approach, but why break out the good stuff for an easy problem?) Thus, 0.5^21=4.768372e-07, which is the probability of getting heads or tails 21 times in a row (assuming the coin is fair, which many pointed out is unlikely in today's casino - FU BernanQE). Let the event be fillping a coin 21 times and getting all heads in the experiment.
Now, the odds (not probability!!!!) for the event, which is the ratio of probability for over the probability against, is 0.5^21/(1-0.5^21)=4.768374e-07 to 1. Note the numbers look similar, but they are different!
The odds (not probability!!!!) against the event are (1-0.5^21)/0.5^21=2097151 to 1.
Finally, the reason the probabiity of getting heads on the next flip is just 0.5, is because the trials (flipps) are assumed independent; in reality, this is very violated.
- Professor Variance Doc
what's awesome is they are now trampling on the widow and orphan stocks. Anything with a dividend is now shit and will be treated as such. It's not bad enough grandma has to play the stock market for income, they took that away too. Now she has to buy tech and industrials and hope for appreciation so the fake morning in america meme can be complete.
The feds make sure grandma has plenty of income through SSI. Grandma should be eating Alpo anyway.
It's not grandma you should be worring about, her fate is sealed. It's YOU those bozos have in their crosshairs. They want YOU eating cat chow in your retirement.
At this rate it is guaranteed for me. Unless something changes quick I am on borrowed time. I played along up until this point. But even my morals are being compromised. I am in this business and have played the dividend and income game. But if TPTB are going to put the screws to everyone and force them into shit, I am sitting it out. Which means it won't be long until I am out altogether.
You guys just don't understand how hard it is being a paper pusher (ducking and waiting for tomato's)
Bernanke has damn near destroyed the broker dealer retail business.
They're really just herding all the sheep in for the slaughter.
I'm hoping that when the "Taleb turkey" finally gets its due, it's on a Tuesday. Would make it much more satisfying if the POMO front-runners jump into a vacated mosh pit.
Is like a meme generator thing?
"Has a margin account"
"Balls to the wall: Long"
Must be Bernanke's son.
He has spawn? Oy.
Bernanke's son is a medical doctor. He ran up loans of $400,000. Bernanke knows his son will be paying back loans in worthless US dollars.
Ben Bernanke Says That His Son Will Graduate With $400,000 Of Student Loan Debt
http://www.ijreview.com/2012/03/2690-college-debt-drowning-students/
A clear sign Bernanke and the rest of the fed members are on a campaign to trash the value of the US dollar.
If Bernanke had a son, he'd look like Timmmaaaay...
I read the story about this kid on Reddit. Actually, he wears that shirt every Wednesday to mess with people. People expect he has a long con planned.
First it was buy the freaking dip, but that was so arbitrary. Thankfully it has evolved into something more specific. Now we can pinpoint the exact day of the week and front run it, like was done yesterday. This is a big leap in market timing efforts and will be very helpful in the future. Again, thanks bernanke
zukerbergs little brother
https://www.youtube.com/watch?v=oh0vulTa-IM
I know a lot of folks that are now planning to sell on Tuesdays when they need to sell funds within their accounts.
One day, there is going to be a blood bath on a Tuesday. One day soon.
Desi dude next to him will save the world.
'They' aren't even trying to be covert anymore.
they are trying to instill false confidence so their maggot friends can go in for the kill again
His other top say I 'Heart' Facebook. Wanker.
I guess I'm the only person here who doesn't have any idea what this post is about. Am I supposed to know this guy in the photo?
http://www.zerohedge.com/news/2013-05-28/traders-taunted-20-out-20-turbo...
Thank you.
Oh shit! Its Kevin Henry! RUN!!
TGIT not for long, library daytrader digital hippy zher. Eric Holder is looking for you.
ZH could at least give Reddit.com credit for the pic.....
why? is reddit losing traffic?
reddit schmeddit
No fucking idea. But last time I checked ZH had integrity. So you sauce it...
Too many hits from sec.gov
Neil Ferguson, President - Future Hedgefund Traders of America.
Sure, he's not getting laid now, but in a few short years he'll be swimming in tang.
Bring it on, baby, don't you know that June is POMO PRIDE MONTH??
http://m.huffpost.com/us/entry/3380327
Great! Let me get out my FRN Green and Grey striped flag out and fly it...
That was great. Amerika!
Tuesday's gone with the wind
my baby's gone with the wind...
I just want to be left alone...
When this train ends I'll try again...
Goodbye Tuesday
Everyone (myself included) figured out you need to front-run on Monday around 2pm.
Hahahahahahahahahaha. Lol OMFG. Hahaha. ..... Books?! Lol
i really cant take it.
in the end, i really hope that every single company that got bailed pout in 08-09 goes under again, such as aig, fannie, freddy, all the big banks, and whatever else i left out.
these fuckers deserve death. keep stealing from us u fucking bastards on wall st
He knows that his father is one of the 1% and the rest of his friends are toast, but he is going to his house in the Hamptons
What a wonderful reason to "invest"!!? LOL
It's SPOOs Day!!!
Calling WB....
I wonder if that little caricature of a berstankie that says "Buy Stocks" only comes out on Tuesday?
Maybe we are just slow to learn and "if" we all bought stocks on everytuesday like goodleader is teaching us what could go wrong?
Gentlemen start your algorithms
Screw Tuesdays. Soon the stuff you can make on Tuesday will be worth squat. I'm saving in gold.
LMAOOOOOOOOOOOOOOOOOO
hahaha
Lying on the beach and enjoying Tuesdays!!! :-)