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Monkeyhammered Nikkei Plummets 6% On Risk Exodus

Tyler Durden's picture


There's blood in the streets - Where's Warren? Levered carry traders are rapidly realizing large crowds and small doors don't mix, even though if they liked the Nikkei at 16,000 they should love it at 12,700. It appears only physical gold traders are those who actually dollar cost average lower, when assets are more affordable. Either way, in Japan:


S&P Futures are below 1,600




and JGBs...


China is getting slammed...


Or visually:


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Wed, 06/12/2013 - 22:11 | 3652586 One And Only
One And Only's picture

Fuck Obama

Wed, 06/12/2013 - 22:13 | 3652602 THX 1178
THX 1178's picture

Looks like a dead cat bounce in the nikkei

Wed, 06/12/2013 - 22:16 | 3652620 lolmao500
lolmao500's picture

Or BOJ/FED intervention... remember if Japan goes down, the whole world goes down. They can't allow that to happen.

Wed, 06/12/2013 - 22:20 | 3652642 THX 1178
THX 1178's picture

But its going to heppen. It must happen.

Wed, 06/12/2013 - 22:21 | 3652651 flacon
flacon's picture

When do we get to have that sort of action in the SPY, DIA, IWM, QQQ? Come on, let's get this show on the road already! 

Wed, 06/12/2013 - 22:26 | 3652671 Harlequin001
Harlequin001's picture

It's just a flesh wound...

Wed, 06/12/2013 - 22:35 | 3652716 SGS
SGS's picture

Its like my flesh wand you mean after viagra

Wed, 06/12/2013 - 22:41 | 3652753 jeff montanye
jeff montanye's picture

no; actually not.  it's going down, not up.  no need to see a doctor.  maybe a portfolio manager.


Wed, 06/12/2013 - 22:46 | 3652778 Spirit Of Truth
Spirit Of Truth's picture


Stock Market Crash?: Dow reverses from 15000 mark...

Wed, 06/12/2013 - 23:00 | 3652840 markmotive
markmotive's picture

Looks like Doug Kass got his call right:

Profits may be turning and growth potentially turning. This uncertainty means the summer could be rough for the markets.


Wed, 06/12/2013 - 23:33 | 3652953 flacon
flacon's picture

Time to listen to DAS OMEN! HINDENBURG OMEN!

E Nomine - Das Omen im Kreis des Bösen


Wed, 06/12/2013 - 23:51 | 3653008 cifo
cifo's picture

When do you guys sleep?

Thu, 06/13/2013 - 00:19 | 3653075 flacon
flacon's picture

After the market closes and before the futures opens. :P

Thu, 06/13/2013 - 01:19 | 3653191 Richard Chesler
Richard Chesler's picture

Stay the course Goldman muppets! It's not a loss if you don't sell.

Thu, 06/13/2013 - 03:39 | 3653331 Manthong
Manthong's picture

It’s all just paper..

But tell many smegmas is  600 basis points in the Fuku exchange?

Thu, 06/13/2013 - 01:26 | 3653204 Non Passaran
Non Passaran's picture

And in which time zone?

Thu, 06/13/2013 - 04:24 | 3653370 ghandi
ghandi's picture




4am est.

Wed, 06/12/2013 - 23:08 | 3652877 gamechanger23
gamechanger23's picture

Gold was prelude!! Remember mid-April!! Time for equities now to undergo pain. Buying more gold. Fuck currencies

Wed, 06/12/2013 - 23:26 | 3652931 Midasking
Thu, 06/13/2013 - 03:44 | 3653334 Wile-E-Coyote
Wile-E-Coyote's picture

2008 all over again.

Wed, 06/12/2013 - 23:34 | 3652957 smlbizman
smlbizman's picture

jeff you have to admit its been like this for awhile......

Wed, 06/12/2013 - 22:39 | 3652735 TruthInSunshine
TruthInSunshine's picture

Nikkei in 1989 = 40,000

Consider the fact that that level was in NOMINAL terms (so, it's conservative to state the Nikkei has fallen by 95%+ in real terms, unless someone can show me how the "deflation" Japan has purportedly suffered as claimed by the Krugmans of this world has resulted in model year 2013 Toyotas selling for 9000 USD).

This is what their FUBAR monetary AND fiscal policy of let's dig deeper debt holes faster (as prescribed by esteemed doctors of economics such as one Paul "Let's Colonize Uranus" Krugman, Ph.D.) has wrought, over a solid 20+ year preceding period, has wrought.

Krugman's LITERAL real time thought on this matter is that they're not digging nearly deep nor fast enough.

You can't make this shit up.

Wed, 06/12/2013 - 22:46 | 3652777 jeff montanye
jeff montanye's picture

you don't need to, as others have before you.  john maynard probably shouldn't have elaborated his insights with reference to people digging up jars of cash planted by the central authorities.  he meant well and was a hell of an investor.  his name has been taken in vain, infinitely.

Wed, 06/12/2013 - 22:48 | 3652786 The Shootist
The Shootist's picture


Wed, 06/12/2013 - 23:28 | 3652936 Divided States ...
Divided States of America's picture

the japanese sure used to handle these 'tight' situations well...the action of the crowded nikkei trades is like having 18 guys all simultaneously ready to release but only one girl around to take the lucky load in her mouth.....only one guy gets the enjoyment and the rest gets shafted

Wed, 06/12/2013 - 23:37 | 3652968 tenpanhandle
tenpanhandle's picture

as seen in bukaki theatre (PBS Japan) all eighteen guys are smiling.

Wed, 06/12/2013 - 23:04 | 3652861 NoDebt
NoDebt's picture

Yeah, but.... but..... they don't have the world's reserve currency, so tough-titties to them.  WE are the Almighty USA.  We're DIFFERENT.  We're MAGICAL.  We can do ANYTHING.

It'll never happen here.  Promise.


Thu, 06/13/2013 - 00:06 | 3653033 Dr. Engali
Dr. Engali's picture

That's the beauty of Keynesian economics... You can always say" it would have worked if they only spent moar".

Good to see you posting by the way.

Thu, 06/13/2013 - 03:56 | 3653341 cpzimmon
cpzimmon's picture

Japan and Cyprus. How do you say screw the public bank account holders in Japanese?

Thu, 06/13/2013 - 09:49 | 3653835 roadhazard
roadhazard's picture


Wed, 06/12/2013 - 22:38 | 3652731 Groundhog Day
Groundhog Day's picture

Can I add my IYT puts, FAS puts, TNA puts to your request.  I've been getting slaughtered for months.  I need a break.

Wed, 06/12/2013 - 22:21 | 3652648 Buck Johnson
Buck Johnson's picture

But they may not  have a choice, because Japan has gone as far as it could and can't go any further.

Wed, 06/12/2013 - 22:24 | 3652665 The Shootist
The Shootist's picture

And they know it. Got gold? I know they don't.

Wed, 06/12/2013 - 22:43 | 3652764 fourchan
fourchan's picture

the yen stops here?

Wed, 06/12/2013 - 22:34 | 3652713 Randall Cabot
Randall Cabot's picture

Intervention at 9am..

Wed, 06/12/2013 - 22:59 | 3652833 SRSrocco
SRSrocco's picture

The Nikkei is down 700+ points and gold and silver are positive.  This just may be the beginning of the great disconnet.  Funny, the cost of silver is much higher than most realize.

SILVER COSTS: Much Higher Than Most Realize

Wed, 06/12/2013 - 23:13 | 3652893 max2205
max2205's picture

When pissant greece a third world country blew up we went down what 10%....japan is the 3rd largest ecomomy...where is the estamate on the spy...

Thu, 06/13/2013 - 01:14 | 3653180 constantine
constantine's picture

Yes, the one positive that I had seen over the course of this PM drubbing is that in order to make it happen, they reversed the positive corralation between stocks and the metals.  Remember, gold and silver were trading just like stocks for a while.  It's possible, though they will fight it, that this could really backfire on them now.  Hopefully, we can get back to the good ole days of negative corralation PM going up when stocks go down. 

Wed, 06/12/2013 - 22:16 | 3652618 Herd Redirectio...
Herd Redirection Committee's picture

"It's dozens of terrorist events that (spying) ha(s) helped prevent,"


Wed, 06/12/2013 - 22:22 | 3652655 lakecity55
lakecity55's picture

"If the trusty NSA was not on the job, the crash would be worse"

----"The Dick"

Thu, 06/13/2013 - 03:00 | 3653302 Dave Thomas
Dave Thomas's picture

"If Woody had gone right to the police, this would never have happened."


This is actually a modern day investing video for the American public. Without the happy ending.


Gotta love the pop goes the weezel music box at the end. Thats the song I hear play every time people talk about "Justice". Heh.



Wed, 06/12/2013 - 22:31 | 3652704 Go Tribe
Go Tribe's picture

I can't wait to see their heads drop into the basket. And the crowd roars MOAR!!!

Wed, 06/12/2013 - 22:23 | 3652658 prains
prains's picture

not to nit pick TD but this is more of a DonkeyPunch than a MonkeyHammer, she definitely looked back

Wed, 06/12/2013 - 22:30 | 3652695 knukles
knukles's picture

MonkeyHammer is such an elegant term of art.

Wed, 06/12/2013 - 22:32 | 3652705 Hulk
Hulk's picture

Its one of my all time favorite visuals !!!

Wed, 06/12/2013 - 23:42 | 3652983 knukles
knukles's picture

Oh yeah, like that monkey on the credits at the end of adult swim, manic look on his face, beating on everything in sight, happy as a clam in mud...
The visuals are most wondrous!

Wed, 06/12/2013 - 22:33 | 3652711 prains
prains's picture

the Atomic Buttercup can get messy

Wed, 06/12/2013 - 22:38 | 3652726 candyman
candyman's picture

But, but, our academic no real world fed chairman studied this and knows the answer.

Thu, 06/13/2013 - 00:07 | 3653041 Handful of Dust
Thu, 06/13/2013 - 07:01 | 3653461 samcontrol
samcontrol's picture

The sign you have all been waiting for is in UVXY and the reverse split and posterior action.
The most rigged product in history will now unleash hell.

of course you guys don't follow that shit.

Wed, 06/12/2013 - 22:12 | 3652595 RmcAZ
RmcAZ's picture

Buffet in bathtub, considering buying Japan

Wed, 06/12/2013 - 22:13 | 3652603 fonzannoon
fonzannoon's picture



Wed, 06/12/2013 - 22:18 | 3652632 Mactheknife
Mactheknife's picture

I just love the smell of exploding Puts in the mornings.

Wed, 06/12/2013 - 22:19 | 3652638 ekm
ekm's picture

It's simply testing.


They're testing QE halt of if I may dare, QE unwind in Japan.

Experiment results are quite good. Maximum pain at minimum hits, that's the goal.


We can expect 1000 dow pts/day for 3 days in row, based on successful experiments in Tokyo.

Wed, 06/12/2013 - 22:50 | 3652801 fourchan
fourchan's picture

experiments performed:


qe infinity

gold hold down

greek confiscation

yen to infinity or as far as they can go

ireland cram down

the euro shuffle

what ever it takes antipasto


coming soon experiments:

the taper

the death of reserve

world wide total reevaluation of all values

the amero

Wed, 06/12/2013 - 23:34 | 3652961 calgal
calgal's picture

You forgot cyprus

Thu, 06/13/2013 - 01:30 | 3653210 Mentaliusanything
Mentaliusanything's picture

Only the Cyprus Pine has value in that Assraped ex Country.

And the Bankers need good wood

Thu, 06/13/2013 - 02:21 | 3653282 U4 eee aaa
U4 eee aaa's picture

and Somalia hyperinflation

Wed, 06/12/2013 - 22:20 | 3652644 The Shootist
The Shootist's picture

It's hard to believe other world markets have been so nonchalant about Japan's demise. " lalalalala -hands on ears, I can't hear you Abe!"

Where does a guy have to go to see pictures of Jap traders with their hands covering their mouths looking at red screens?

Wed, 06/12/2013 - 22:31 | 3652702 otto skorzeny
otto skorzeny's picture

Is there such thing as "japanese deer in headlights"?

Wed, 06/12/2013 - 22:50 | 3652799 Yes_Questions
Yes_Questions's picture





Too Soon?

Wed, 06/12/2013 - 22:58 | 3652828 NoDebt
NoDebt's picture

Yes, too soon.  But still appreciated.

Thu, 06/13/2013 - 05:22 | 3653406 francis_sawyer
francis_sawyer's picture

This deep into the thread and the obvious 'RUN AWAY! RUN AWAY!' [in response to the Monty Python] comment has yet to be pro-offered...

Thu, 06/13/2013 - 06:36 | 3653447 _ConanTheLibert...
_ConanTheLibertarian_'s picture

A Japanese deer won't be blinded because it's eyes are squeezed together.

Wed, 06/12/2013 - 22:14 | 3652605 Hulk
Hulk's picture

Do we BTFD now, or when the Nikkei is a quarter of its former self ???

Wed, 06/12/2013 - 22:18 | 3652629 Herd Redirectio...
Herd Redirection Committee's picture

Don't play with falling knives.  Down 20% from the lows you say?  Might we see 80?

Wed, 06/12/2013 - 22:19 | 3652606 lolmao500
lolmao500's picture

Bondzilla is mad!

As for me, I'm still holding my stocks from the time when the Nikkei was at 38 000... which was 24 years ago... so this is nothing.

Yen at 94... lulz... gonna need to print some moar fiat Abe... maybe... $500 billion a month? Stop being shy and go full steam ahead already.

Wed, 06/12/2013 - 22:25 | 3652668 buzzsaw99
Wed, 06/12/2013 - 23:02 | 3652852 Crash Overide
Crash Overide's picture

Can we use kamikaze here or is it too soon?

Thu, 06/13/2013 - 01:37 | 3653221 Mentaliusanything
Mentaliusanything's picture

Pertainent comment! Its just like Pearl Harbour all over again.

Went in big without thinking of the consequences. Ended up bitch slapped.

Someones Bank in Japan just got tapped on the shoulder... Derivitives might start to sudder.

Lets see how good the foundations are?

Thu, 06/13/2013 - 01:43 | 3653230 lolmao500
lolmao500's picture

Well the Pearl Harbor attack FAILED if you really look closely... so you can't really compare. If the Pearl Harbor attack actually was a success things might have been different.

Thu, 06/13/2013 - 03:58 | 3653343 Herd Redirectio...
Herd Redirection Committee's picture

Didn't get the oil tanks, the electrical grid, or the aircraft carriers, IIRC.

Thu, 06/13/2013 - 06:23 | 3653374 Wile-E-Coyote
Wile-E-Coyote's picture

Pearl Harbor was a success it brought America into the war. I call it the 9/11 moment, it suited the geopolitical intent. But first you have to get the Prols onside; the attack changed public opinion overnight. I did read somewhere Winston Churchill knew the attack was coming, but said nothing. That would not surprise me because this man sacrificed the people of Coventry. Why? Because he didn't want the Germans to know that British Intelligence had broken the Luftwaffe Enigma code. To defend Coventry City would have given the game away. It has also been said Dresden was payback for Coventry, who knows I would have thought there would have been enough death by that point.

Thu, 06/13/2013 - 04:19 | 3653360 Wile-E-Coyote
Wile-E-Coyote's picture

Tora, Tora, Tora.

Wed, 06/12/2013 - 22:15 | 3652607 gatorengineer
gatorengineer's picture

guess the squid stopped out..................

Wed, 06/12/2013 - 22:37 | 3652724 knukles
knukles's picture

Gotta love it, it truth and irony of it all.
Every Goldilocks recommendation it seems hits the shitter, killing the muppets.
But when their P&L comes out they have 177 days out of 90 wherein they made 3,577% per minute on their capital.

Truth is out there!
Believe nobody (from Goldman)

Wed, 06/12/2013 - 22:15 | 3652609 crawl
crawl's picture

THis should be good entertainment.  Can the S&P follow suit and close down 6% or more in a day?  How much longer until Ben and Friends announce a joint intervention program to provide 'faith' in the markets?

Wed, 06/12/2013 - 22:17 | 3652625 gatorengineer
gatorengineer's picture

they actually now with HFT dont need to spend any coin to prop this bitch up, they can do it with HFT channel stuffing......  that assumes everybody is on the same team....

Wed, 06/12/2013 - 22:22 | 3652656 Mactheknife
Mactheknife's picture

LMAO...when shit blows up...NOBODY is on the "same team".

Wed, 06/12/2013 - 22:36 | 3652720 GoldForCash
GoldForCash's picture

No honor between crooks...

Wed, 06/12/2013 - 22:23 | 3652662 Hulk
Hulk's picture

In this case the 2 second pre release was quite simple, as it said "GET THE FUCK OUT NOW" , all in binary of course...

Thu, 06/13/2013 - 06:38 | 3653449 RafterManFMJ
RafterManFMJ's picture

No, no, only the tip sweetie, I promise!

Thu, 06/13/2013 - 01:17 | 3653188 Non Passaran
Non Passaran's picture

I would love to see that. My PM stawks would be happy!

Wed, 06/12/2013 - 22:15 | 3652611 thismarketisrigged
thismarketisrigged's picture

fuck u david tepper and goldman sachs. i hope u drown in ur losses u fucking scumbags. this is just the beginning.

Wed, 06/12/2013 - 22:17 | 3652622 Hopium Dealer
Hopium Dealer's picture

but...but...Bernanke told me we can print into prosperity, so why can't Japan? Krugman told me debt and deficit don't matter either so why is reality saying otherwise?

Wed, 06/12/2013 - 22:17 | 3652626 buzzsaw99
buzzsaw99's picture

Abe and Kuroda got just what they wanted, everyone running from one side of the boat to the other for the benefit of muppet slayer gollum sacks.

Thu, 06/13/2013 - 05:34 | 3653417 Ronaldo
Ronaldo's picture

But they must time it perfectly.  The boat needs to flip just at sunset.  Is it the rising sun or the setting sun on the flag???

Wed, 06/12/2013 - 22:17 | 3652627 lakecity55
lakecity55's picture

Admiral Yamato! There are not enough lifeboats!

Wed, 06/12/2013 - 22:19 | 3652633 ebworthen
ebworthen's picture


Crash Ponzi markets!  CRASH!!!

Wed, 06/12/2013 - 22:19 | 3652635 DormRoom
DormRoom's picture

So much for zee price stability.

Wed, 06/12/2013 - 22:23 | 3652639 Dr. Engali
Dr. Engali's picture

If the S&P gets monkey hammered at the same time the ten year goes to 3% and precious metals rise then I will take notice, until then it's just the Bernank managing the markets. Japan and their blunders will probably giving them enough cover to end this tapering talk silliness.

Wed, 06/12/2013 - 22:24 | 3652663 wisehiney
wisehiney's picture

Bonds and metal holding tight at present.

Thu, 06/13/2013 - 06:54 | 3652687 EclecticParrot
EclecticParrot's picture

Precisely, he couldn't be happier, no need to prick a stock bubble, his planted taper rumors take a few hundred points a week off of our market, but POMO and global chaos puts a constant BTFD bias, so he'll get his target 9% in the DOW in the end, meanwhile the bond market can take it's medicine in advance, allowing him to forego tapering, while planting various rumors with Hilsen-wrath to test various tapering styles in advance.  He knows no one can resist wearing the cleanest dirty shirt, but his eventual folly may be the big "S" he secretly embroidered on his JC Penney v-necks ...

Wed, 06/12/2013 - 22:20 | 3652640 Tsar Pointless
Tsar Pointless's picture

Let's see. It took four years and trillions of QEasy Bucks to take the US markets to all-time highs (save for the NASCRACK).

It will take far FAR less time for the very same markets to tumble back to pre-QEasy levels during this global fiat-sco.

About six months. By the fall, we will be living in hell. Then again, for us in stuck in the Land of Stupid - i.e, Pittsburgh, Pennsylvania - we're already there. I'll roll out the welcome mat for you and have an ice cold adult beverage ready.

Wed, 06/12/2013 - 22:26 | 3652670 lolmao500
lolmao500's picture

Meh, they'll start a bullish war to divert attention...

Either in Syria or Iran or wherever.

Wed, 06/12/2013 - 22:35 | 3652718 Tsar Pointless
Tsar Pointless's picture

They'll start a bullshit war to divert attention. It will be anything but bullish for anybody who isn't a drone or a one-percenter.

Wed, 06/12/2013 - 22:31 | 3652701 Boondocker
Boondocker's picture

+1....& add stuck in kalifornia to that list

Thu, 06/13/2013 - 06:43 | 3653452 RafterManFMJ
RafterManFMJ's picture

You're in Picksburgh? Meet me at the Hofbrauhause, Ill be the guy wearing overalls with his head wrapped in tin foil.

Wed, 06/12/2013 - 22:20 | 3652643 Caviar Emptor
Caviar Emptor's picture

Ben has Japan back. He ship boatload dollar. Looks like we gonna need a bigger boat. 

Wed, 06/12/2013 - 22:23 | 3652645 dobermangang
dobermangang's picture

So will another Japanese Finance Minister commit suicide?

Wed, 06/12/2013 - 22:27 | 3652679 Hulk
Hulk's picture

20 quatloos the Japanese Fin Min goes Kwai Chai Caine in the closet tomorrow...

50 quatloos that the stain on the closet door reaches the 3.5' level !!!

Wed, 06/12/2013 - 22:21 | 3652650 Bay of Pigs
Bay of Pigs's picture

Is anyone jumping out of windows in Tokyo yet?

THAT might be a sign of trouble.

Wed, 06/12/2013 - 22:30 | 3652691 Hulk
Hulk's picture

Pilgrimages to Fukashima is another bad sign...

Wed, 06/12/2013 - 22:23 | 3652654 TahoeBilly2012
TahoeBilly2012's picture

Just a flesh wound, all time highs in Nikkei in 6 months, 50,000 plus! Load into calls! 

Wed, 06/12/2013 - 22:23 | 3652660 MythicalFish
MythicalFish's picture

Time for highfives at the GS flow desk. Thanks, muppets.

Wed, 06/12/2013 - 22:27 | 3652673 The Shootist
The Shootist's picture

They're rich! Probably used 100x leverage.

Wed, 06/12/2013 - 22:26 | 3652669 BandGap
BandGap's picture

This is both fascinating and frightening. Down 850 points (6.4%) as of 10:04.

Thu, 06/13/2013 - 01:09 | 3653177 Non Passaran
Non Passaran's picture

Couldn't be happier, considering my short position.
But I'm still losing money because I shorted too early...
Three more weeks of this and I will begin to make money! There IS a chance!

Wed, 06/12/2013 - 22:27 | 3652675 catch edge ghost
catch edge ghost's picture

Buy it. Buy it so much. Borrow Yen. Buy it again.

Wed, 06/12/2013 - 22:28 | 3652680 yogibear
yogibear's picture

Want to see what the US will look like, except much BIGGER? Look at Japan.

How's your Japanese plan working out Bernanke, Evans, Dudley and Yellen?

Wed, 06/12/2013 - 23:10 | 3652882 Zgangsta
Zgangsta's picture

Still up over 50% from the lows.

Wed, 06/12/2013 - 22:28 | 3652682 Caviar Emptor
Caviar Emptor's picture

Me long Japan junk bonds, but me not worrry. Goldman put many hedge fund into it. 

Wed, 06/12/2013 - 22:31 | 3652699 Hulk
Hulk's picture

Nikkei love you long, long time !!!

Wed, 06/12/2013 - 22:36 | 3652721 Caviar Emptor
Caviar Emptor's picture

Me hoping US Navy come back to Japan soon. 

Wed, 06/12/2013 - 22:42 | 3652757 Hulk
Hulk's picture

Or even Borneo, where you don't have to wait for em to take off their bras...

Wed, 06/12/2013 - 22:29 | 3652686 dobermangang
dobermangang's picture

Sell in May.   Comeback in 2019.

Wed, 06/12/2013 - 22:29 | 3652689 fonzannoon
fonzannoon's picture

should be interesting to see if treasuries are bid tomorrow. they better be.

Wed, 06/12/2013 - 22:57 | 3652823 ekm
ekm's picture


Wed, 06/12/2013 - 23:26 | 3652929 fonzannoon
fonzannoon's picture


Wed, 06/12/2013 - 22:30 | 3652693 FleaMarketPete
FleaMarketPete's picture

Prime time for Ab(e)rvention.

Wed, 06/12/2013 - 22:30 | 3652694 fasTTcar
fasTTcar's picture

Long gold, silver and SH shares.

Bring it.

Wed, 06/12/2013 - 22:32 | 3652707 Smegley Wanxalot
Smegley Wanxalot's picture

look at those swings.  what a clown show

Wed, 06/12/2013 - 22:33 | 3652709 Zgangsta
Zgangsta's picture

Rallied over 200 points off the lows into the morning close. Looks like the squid is doubling down...

Wed, 06/12/2013 - 22:38 | 3652730 The Shootist
The Shootist's picture

My favorite pattern has been the puke into close apres dejuener. Come on black!

Wed, 06/12/2013 - 22:33 | 3652712 jonjon831983
jonjon831983's picture

oh shit... wtf......

Wed, 06/12/2013 - 22:35 | 3652717 yogibear
yogibear's picture

Japan's nuke this time is financial. Next the US. Be prepared.

QE to the max is burning Japan. Godzilla and it's relatives on it's way to the US.

Wed, 06/12/2013 - 22:39 | 3652737 Tsar Pointless
Tsar Pointless's picture

Okay, ekm. I gave your "end to QE" talk serious contemplation, unlike others who offhandedly dismissed you outright.

I have to agree with you wholeheartedly. It's all over but the shooting.

No, that isn't a typo, either.

Long misery. Short humanity. Long inhumanity. Short people.

Wed, 06/12/2013 - 22:40 | 3652741 Bunga Bunga
Bunga Bunga's picture

So they wanna get the retail investor in? It looks more like they fucked it totally up. Looks again like 2008.

Wed, 06/12/2013 - 22:41 | 3652746 monopoly
monopoly's picture

I have said it a dozen time. The "brilliant ones" at the Fed will NOT cut back. Can you imagine with the carnage in Asia tonight what would happen to our markets if any of these idiots even mention reducing the amount of cocaine, eh, sorry, monetary stimulus. It would be one hell of an E ride and after the initial plunge in gold, it will shoot up in a geometric ratio. 

Stop QE. Freaking absurd.

Wed, 06/12/2013 - 22:47 | 3652782 Tsar Pointless
Tsar Pointless's picture

It's not absurd. Who would be better positioned for the end of QE than those who began it and thereby hold the world's fate by its throat?

Think like a criminal. Always.

Wed, 06/12/2013 - 22:46 | 3652776 MythicalFish
MythicalFish's picture

Xi to PBOC: "Sit tight, young Skywalker, two more weeks of this and Japan will surrender without a single shot being fired."

Wed, 06/12/2013 - 22:47 | 3652780 Smegley Wanxalot
Smegley Wanxalot's picture

the level of abuse and manipulation there is beyond obscene.

Wed, 06/12/2013 - 22:54 | 3652814 lolmao500
lolmao500's picture

Who wanna bet they gonna increase the QE?

They were doing $75 billion a month... they gonna do what... $300 billion a month now?

Wed, 06/12/2013 - 23:08 | 3652876 Zgangsta
Zgangsta's picture

Not until after the election next month.

Wed, 06/12/2013 - 22:56 | 3652820 putbuyer
putbuyer's picture

Thank god for Zerohedge and Kyle Bass. Big Mac in mouth - Lovin'it

Wed, 06/12/2013 - 22:59 | 3652825 Yen Cross
Yen Cross's picture


Wed, 06/12/2013 - 23:00 | 3652837 thismarketisrigged
thismarketisrigged's picture

can someone please explain to me why everynight at around the same time, the nikkei just stops trading? like not a single movement in the index?


i understand some times of day being a lot more quiet than others, but i never heard of just stopping the index totally from trading each day.


i dont think its my computer quote, because it happens nightly around this time

Wed, 06/12/2013 - 23:02 | 3652847 Smegley Wanxalot
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Wed, 06/12/2013 - 23:07 | 3652871 Zgangsta
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Stops at 11:30, starts again at 12:30. Until recently it was a 90 minute lunch break.

Wed, 06/12/2013 - 23:08 | 3652874 lolmao500
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They need a break from all the tentacle rape they are experiencing while trading.

Thu, 06/13/2013 - 01:48 | 3653237 Mentaliusanything
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Radiated local tunu wrapped in iodised to the max seaweed served with a slightly tainted light soy sauce. It takes 30 minutes to eat it and in1 hour the effects on the brain kick in. Its lunch time for lunatics

Wed, 06/12/2013 - 23:02 | 3652854 EmmittFitzhume
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Bet there is a lot of tums at lunch right now

Wed, 06/12/2013 - 23:07 | 3652869 SillySalesmanQu...
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Cueing up Kyle Bass reruns if anyone missed the original airings...

Wed, 06/12/2013 - 23:16 | 3652900 El Hosel
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WTF?.....Don't those Japs know fundamentals don't matter? Better send in some Great American Bankers to shore up the Asian Ponzi.

 J.D. and the Whalers can right that "Market".

Wed, 06/12/2013 - 23:13 | 3652891 thismarketisrigged
thismarketisrigged's picture

what kind of market literally shuts down for an hour for lunch? that makes no fucking sense.


considering that markets are traded electronically these days, just because the traders decide to leave for lunch, does not mean that other people should not be allowed to trade for an hour.


makes zero sense, let the market run from open to close, no fucking breaks.

Wed, 06/12/2013 - 23:16 | 3652904 EmmittFitzhume
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You are implying that you want this bitch to die as fast as possible?  Gotcha!

Wed, 06/12/2013 - 23:23 | 3652922 Freedumb
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I think it's kinda great. Japan has such a reputation for being workaholics, and it's so inconsistent with that image. Not like there's any real "analysis" to do in this market anyway, may as well enjoy a glass of sake and some nice lunch.

Wed, 06/12/2013 - 23:24 | 3652924 Zgangsta
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The same kind of market that shuts down on Saturday, Sunday, holidays, and over 16 hours a day otherwise?

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