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Nikkei Futures Plunge
Just your ordinary, stomach-churning, price stability-confirming, 600 point intraday swing in the Nikkei June Future contract, which after taking out the 13,000 support plunged by a ridiculous 200 points in milliseconds. Mrs Watanabe will not be happy when she wakes up. It may be time for the BOJ to raise its hilarious assessment of Japanses GDP once again just to completely lose all credibility. Goldman is thiiiis close to being closed out on its buy Nikkei225 September futs reco from Sunday night (stop of 12,750). On a serious note, keep an eye out for BOJ intervention - the time is fast approaching.
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okay, who put the gold in my shorts?
Mine went missing. Sorry to get u excited.
LOL @ "Japanses"
looking forward to the day i wake up with dow futes down 500 and spx down 60.
Methinks Japan is going to "round trip" their stock market over this. ALL the way back down, and then some. Fibonacci be damned.
okay, who put the gold in my shorts?
Oops that was me. Please retun to
L. N. POBOX 608
round O SC 29474
Ha
Dishonor! </Sato>
I give it a 10/10 in the diving competitions.
Bit of a splash when it hit the liquidity pool though...
This one could actually fall on concrete. Could be messy...
great form though.....perfectly straight down
The new chart formation emerging in indices worldwide: the Kamikaze bottom.
Ab-so-root-ree
meanwhile, 9000 miles away, in a curious but charming land, kermit reaches for the lube...
First slam gold and silver so I can buy more...
ZH is brilliant at sorting the wheat from the chaff, thanks guys
Don't you mean thiiis close to covering its short position?
Can't arrow up because of your italicized opening statement. Good assessment.
Green ^ up for you.
Missed it by 'that much'.
http://www.youtube.com/watch?v=oPwrodxghrw
Golum Sacks, dickin da muppets once again!
That's a rot of dereveraging
I have never been as concerned with the total picture of things as I am today.
We may be spiralling out of control. We could easily be approaching a DOW down 350 type of moment, folllowed by more....
If "Allah" wills it.....
What's with the scare quotes, infidel ?
"On a serious note, keep an eye out for BOJ intervention - the time is fast approaching."
Blood Sweat and Tears
Spinning Wheel
http://www.youtube.com/watch?v=u4iNw1Hvcu8
What goes up must come down
spinning wheel got to go round
Talking about your troubles it's a crying sin
Ride a painted pony
Let the spinning wheel spin
You got no money, and you, you got no home
Spinning wheel, spinning all alone
Talking about your troubles and you, you never learn
Ride a painted pony
let the spinning wheel turn
Did you find a directing sign
on the straight and narrow highway?
Would you mind a reflecting sign
Just let it shine within your mind
And show you the colours that are real
Someone is waiting just for you
spinning wheel is spinning true
Drop all your troubles, by the river side
Catch a painted pony
On the spinning wheel ride
Someone is waiting just for you
spinning wheel is spinning true
Drop all your troubles, by the river side
Ride a painted pony
Let the spinning wheel fly
Better version, no ad: https://www.youtube.com/watch?v=nABM14m7s7k
Meanwhile, back in China.... [HeadsUp, TylerD, et al - I think you'll enjoy this one.]....
[ChinaDaily] -Gold promotion draws 10,000 buyers in E China...
A crowd of customers waits in front of a gold store to shop during a promotion, in Jinan city, East China’s Shandong province on June 11, 2013. [Photo/CFP]...
http://usa.chinadaily.com.cn/china/2013-06/12/content_16611576.htm
And back in America, you can't even give it away because people here are so completely brainwashed, ignorant and stupid. (Thats Oceanside, CA btw).
http://www.youtube.com/watch?v=qf_ENBaAna0
The CB-induced "liquidity" cuts both ways, folks. When it sloshes from long to short, the turbulence can be stomach-churning.
Next up: BOJ jawbowning.
Bring on the Jap YAP.
YAP it up.
YAP it good.
Well, the jawbone's connected to the ... wishbone. Sounds about right !
Bad BAD sushi.
The Nikkei is going down quicker than John Travolta in a massage parlor.
That's one efficient market you have there, Mrs. Watanabe!
dow and dollar drop.. odd in the new normal
I've been saying it all along. Close the borders and send the globalists to live in China. We don't need to stinking foreign markets and middle men. Investment bankers ya right barf me out with a fuckin knife. Who was the genius that thought bankers should control all aspects of my money. Shoot that fucker when you find him.
just print moar :)
lol on Abe/Kuroda
toast
Didn't look like 13,000 provided much 'support'. lol
In the mean time... CNBC have their hopes pinned on a market bounce from Game Stop to save the day.. lol...
That's about right, Japanese pension funds bought in yesterday.
???????
If your short, you're in good shape.
One more rally, to 1700, first:
"But we should likely see a wave ii pullback begin sometime early this coming week into the 1615-20ES region, which, if it holds support, will likely set up a strong wave iii rally taking us towards the May high and potentially exceeding it."
http://www.marketwatch.com/story/over-1700-for-the-sp-may-be-in-the-cards-2013-06-10
bullshit.
agreed. Bullshit. That ship has sailed.
Kathy Matsui's 17,000 target on the Nikkei 225 is looking a bit shaky now....
http://nipponmarketblog.wordpress.com/
"But now Hendry, who manages the Eclectica Asset Management hedge fund, is feeling a lot more optimistic. In fact, he is bullish on three main asset classes: US consumer stocks, the US dollar and Japanese shares."
Ha Ha Ha....
AH! More Fed central bank mandated stabilitee I guess!
I guess Mrs Watanabe may Not-Wannabe in this "market" much longer ?
On a lighter note, a recently revealed NSA report discloses that Japanese Prime Minister Abe has just completed an on-line course in Seppuku.
Look how much mischief TPTB can cause when they can push around not one, but TWO worthless fiat currencies.