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POMO Arigato - Update
UPDATE: POMO ends and... Dow drops 100 points
When conspiracy theory becomes conspiracy fact once again...
It seems 15,115 is key for a month-end close in the green for the cash Dow (currently 15,024) - even as IBM drags 30 points out of the Dow today
But, but, but correlation does not mean causation
Charts: Bloomberg
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What a fucking shit show.
Painful to watch too.
Polish that Turd!
lipstick on a feral pig
Hah ha ha ha ha
And you thought that this was manipulation, deceit and invasion of rights (controlling markets)
Hows about this one. The Consumer Financial Protection Board (Frank-Dodd creation) not only does not protect consumers, but likewise aggregates data upon citizens aka spying...
http://www.usnews.com/news/blogs/washington-whispers/2013/06/27/governme...
protection througn spying
burn the village to save it
war is peace
slavery is freedom
tired of taking it up to the elbow while....
Contractors selected by the CFPB "shall provide a persistent consumer identifier making it possible to follow consumers over time,"
Booz Allen Hamilton??? Just a guess.
Sadly you are probably right.
He is
Use cash.. problem solved..
No _ use your air miles card, nothing gets tracked wtih that, LOL
Another turd polished
knuckes- so that is what "the consumer report authorization" form submitted when applying to any job is about....the same form which asks if you've ever been commtitted of a crime. hmmm.
Fed's public PR hit campaign in response to rising rates over the last few weeks has been comical. Shows rates need to be kept low.
You can't polish a turd...
but you can roll it in glitter.
Mythbusters proved YOU can polish a turd.
Geez, just look at the scum that own and control us they are the shiniest turds on the planet!
QUICK more gold spraypaint on the turd!
Bernanke Put - gauranteed to last a lifetime no matter what the dummass motherfucker says.
Did he put that gaurantee on the box?
http://www.youtube.com/watch?v=a5dpBpaFiMo
So I'm a TBTF bank with treasuries that are getting scarcer by the day and are near their lows of they year so I take my bonds out of their daisy chain of collateral and sell them to the Fed and then use that money to buy into an hour long ramp of a market that can't seem to break above its 50 dma. Time will tell if I'm Master of the Universe or Forrest Gump.
Until it does.
QE999 and hourly POMO = FINANCIAL NIRVANA!
So far just filled the gap down - which would be technically expected even in a normal market.
I have an add on my screen telling me gold is goind to $750. More and more "analysts" are throwing out that price recently. It should be intersting to see how gold performs next quater now that the momos have it off their books.
Run Doc! We're all gonna DIE!!!!! LOL.
The "SELL GOLD NOW! hysteria has reached Full Retard status.
which means its time to back up the truck
again "Chairman Bernanke has been fired." obviously he's in 'till January...but the "sense of the Senate" (and all Government in the United States) has spoken.
I think you mean an "ad" on your screen.
To me, an add, is that you're looking to add to your gold stash at $750.
Yeah, Gold to $750/oz while oil doesn't budge, staying above $100/bbl.
That makes a lot of sense.
Perhaps $750 is the level that makes the upcoming force majure a "win-win" scenario for the banksters?
Or maybe $750/oz is the "appropriate price" for the NY Fed to pay for the 380 tons they owe the Germans.
Bernanke has destroyed the US Capital Markets. That will be his legacy.
unlike Greenspan who get's an efficiency apartment in Brooklyn with bunch of crack heads Ben Bernanke gets the Freedom Tower.
The market was rigged all along... Just much easier to see now.
Alternatively he could be the man that made the world rethink the cost of central banking and currency as a tool. Serendipity is a good thing. The randomly discovered silver lining.
Viagra is a good example of lemon's into lemonade. It was originally developed as a heart medication which did an awful job because it got blood flowing improperly. Researchers did notice however tents being popped because it opens blood vessels around the Corpus Cavernosum which allows for the tent pole to rise to the occasion.
Like we need a bunch of power hungry old men walking around with boners!
Yet here we are.
It's a benefit to us all that the only people left with power they can steal power from is each other. That becomes a lemonparty.org situation.
don't forget to give greenspam some credit
Bernanke, being a mere puppet, did shit, in all honesty.
Global capital markets were destroyed in the Coup of '13. It just took them a hundred years to make off with all of the capital, undermining our efforts at sustainable standards of living.
C'mon. You can always look for a correlation with something. Just in the middle of the POMO I saw a flying elephant
That was Dumbo....still think it's a coincidence?
What exactly is the theory of how it works?
The Fed buys bonds from the Primary Dealers.
The PD take that cash and buy stocks for only the time the Fed is buying bonds?
Seriously, 'splain it to me?
the banks that aren't bankrupt do this (as you can see by their stock prices there are many like that.) those that are broke (cough, cough...BofA...cough cough) stick it right back to the Fed "and make .75%" and then loan out the difference. the good news is that BofA appears to have "survived May and June."
The PD pay cash to the Treasury Dept on purchase - but really there is no "cash" tranasaction, it is all debits/credits on their account at the FED. "Cash" is an outdated term, concept, and notion. "Cash" today means "instant credit." ""Instant credit" means immediately available for a transaction of your choosing. When the PD or other large buyers/holders have excess cash, they deposit it or leave it at the FED and earn overnight interest. These are very large users of cash and credit. They extend credit to 3rd partys or use it themselves in the form of margin accounts, or letters of credit, or credit default swaps. The 3rd partys due the same for the smaller brokers; and all of them extend margin credit to almost everyone who can open their eyes and breath. Lately the money has gone to two places, stocks and mortgages brokers to lend to relaty customers. Most of the latter is bought by FANNIE and FREDIE. (Same game just different balnce sheet.) They also have gigantic in-house brokerage and commercial lending divisions. The latter often finance large corporations daily business and long term contracts. But in the end, it is all debits/credits for each user who has a stated limit on the credit/borrowing side. The size of the outstanding debt of the USGov, no matter who holds it, is dangerous, because it is used as collateral for other debt; hence the pyramid -house of cards worries. In the end it is all just multiple layers of "promises to pay." The leverage is probably close to 50:1. As many fear, it only takes one of these "major" players to default and break a chain. Notice what happens when there is trouble - it is like yelling "fire" in amovie theatre with only one small exit. Most don't survive.
The PD pay cash to the Treasury Dept on purchase - but really there is no "cash" tranasaction, it is all debits/credits on their account at the FED. "Cash" is an outdated term, concept, and notion. "Cash" today means "instant credit." ""Instant credit" means immediately available for a transaction of your choosing. When the PD or other large buyers/holders have excess cash, they deposit it or leave it at the FED and earn overnight interest. These are very large users of cash and credit. They extend credit to 3rd partys or use it themselves in the form of margin accounts, or letters of credit, or credit default swaps. The 3rd partys due the same for the smaller brokers; and all of them extend margin credit to almost everyone who can open their eyes and breath. Lately the money has gone to two places, stocks and mortgages brokers to lend to relaty customers. Most of the latter is bought by FANNIE and FREDIE. (Same game just different balnce sheet.) They also have gigantic in-house brokerage and commercial lending divisions. The latter often finance large corporations daily business and long term contracts. But in the end, it is all debits/credits for each user who has a stated limit on the credit/borrowing side. The size of the outstanding debt of the USGov, no matter who holds it, is dangerous, because it is used as collateral for other debt; hence the pyramid -house of cards worries. In the end it is all just multiple layers of "promises to pay." The leverage is probably close to 50:1. As many fear, it only takes one of these "major" players to default and break a chain. Notice what happens when there is trouble - it is like yelling "fire" in amovie theatre with only one small exit. Most don't survive.
This is the chart CNBS does not want you to see. Instead, they march out momentum-chasing charlatans who swear there is no correlation between QE and rising equity markets. Fuck 'em. They deserve every bit of pain that's coming their way.
thx for the POMO twitter reminder this morning. Bought SPY calls right after the tweet!
This is the beginnings of a major equity secular bull market...that is major bullshit piling up for years.
Perhaps this is the result of losing all those wrapped and bundled FRNs...that cash had to go somewhere and now we know it was invested "properly" in stocks.
Keep waiting for the Washington Generals to win. I understand the game is rigged and am happy to be entertained by the Globetrotters. Quit fighting it! You will disappointed again and again.
there's a lot of truth to that unfortunately. "Give them Greece." maybe that will help.
Chigago PMS got some lacquor.
im very impressed, wipes off 130 off dow in less than an hour. this man is powerful.
we cant have a losing month. the dow needs to finish up 0.61 pct to close june positive.
nasdaw and s&p need i believe 1.25 percent or something like that.
expect a monster pump in afternoon
god forbid markets fell 100 pts, intervention is needed.
Thats one spicy meatball!
It looked like it stopped at 50 DMA again. All investors are gone, there are only day traders and algorithms left in this market.
Totally irrelevant, but an amusing way to read ZH from the perspective of Da Hood...
http://gizoogle.net/index.php?search=zerohedge&se=Gizoogle+Dis+Shiznit
That's pretty funny.
thanks thats pretty good~!
I'm literally in tears. This should be today's Friday Humor except 'google diz shiznit' on marketwatch or bloomberg.
Nice, thanks. How the hell do you find something like that?
Shiiiiiit.
Partial Screenshot
Did some of that free POMO / PD money find its way into the silver market?
No, thats just the ZHers and other bottom feeders grabbing a few extra coins.
I had to give you a greenie for that...
Never mind.
Our chancellor here has cut the welfare bill by another £11.5 billion quid for the coming fiscal year, all the while debt goes up (as it will, they borrow the cunt at interest), while increasing forgein aid by another £800 million, bringing the money they buy other fuckers off at £12.22 billion for the coming year.
And saddling the whole country bar them and their mates with the bill. These fuckers have guaranteed the end wont be quick when the population gets their hands on them. Mark my words boys, folk here will keep them alive for years while torturing the fuckers daily for the crimes they commit against not just us, but the world as a whole.
You listening B.Liar? Your skins coming off with a blow-torch son, or a tattie peeler. When they get you, you can pick which one you fucking cunt war criminal.
:-)
"the force is strong with this one."
Lol...Your posts are becoming more and more unhinged everyday...
I love it.
Satan,
Seeing as you are the master of evil, and can come up with more ways than yours trully of skining a cat, your judgement is misplaced.
I just want B.Liar, you can have the rest, deal???
Keep it up fuckers.
;-)
I was going to make Blair fuck his wife...with the lights on.
But that blow torch thing has me intrigued...
I am ALL for the pineapple being shoved in their arses, prickly end first, of course. Got that idea from LITTLE NICKY.
Just saying.
Big leg down this afternoon. Out of control soon.
Does anyone else see what I see?
http://radar.weather.gov/Conus/northeast_loop.php
WTF!?!?
a glitch in the matrix?
Disco Party
Nothing to see here, move along!
Back in reality: WTF!
had to check it elsewhere:
http://www.wunderground.com/wundermap/?lat=40.71152&lon=-96.82129&zoom=4...
I repeat - WTF!?!?
Energy weapons... Whats in Milford?
wtf?? accuweather has it too.
edit: http://www.accuweather.com/en/us/milford-de/19963/weather-radar/337529
satellite glitch? what the hell is this?
can we get some debunking stat?
Don't believe your lying eyes. Nothing to see here.
Energy weapons do not exist.
HAARP!!!!!!!!!!!! Watch out for tsunamis, meltdowns, and drunken celebrities.
Your title Pomo Arigato is causing my browser to experience Gay Christian ads.
Maybe your pop up adds have a little bit more to do with what you are searching than they do with Tyler's headline . ;->
We're one day closer to waking up to zero confidence in the USD. How many days left? Dunno but.......
When do they have to settle up all the CDS losses on the interest spikes in HY and IG???
can't wait to see how MSM "explains" this today. anyone want to take a stab?
Nope, there's only one or two stabs I really want to take.
I'm just a man who's
Circumcision went beyond his control
since no one has posted it yet:
http://www.youtube.com/watch?v=3cShYbLkhBc
Thank you very much, Mr. Roboto! Brought me right back to 7th grade.
A Brave New World
several players want that 10y UST to close below 2.50% today....too bad that's a market they can't paint the tape on!!!
Oh, and another thing,
You know that family that lives down the road? You know that one with the fucking retards for kids, they pop them out like fuck and us tax payers pay for them from craddle to grave, never done a days work in their entire lives? Expect us lot to keep them, and leach like fuck at any excuse, and this new bedroom tax doesnt apply? You know this family?
One of the homes they live in has 240+ bedrooms, that one?
Aye, well them fucking dole scroungers will be getting a £5 million pound dole increase next year, to bring the fucking parasites total to £38 million for a years idle-ness.
You know that family dont you?
Inbreded, retard cunts, from what I've been told.
;-)
I always wondered what does the term Royal mean.
Does it mean the rest of us are un-Royal?
Lovely chart Tyler.
POMO the twitter feed on HFT to us day traders so we can front run with the FED, and MF Brokers...lol.
ill pay ya a piece of my piece for a 2 minute lead time like the other wall street crooks do.
LOL, Free and fair regulated markets? LOL,
I d rather play a rigged card game in Vegas with Hookers., More honest even
with the VEGAS fake bolt ons....
Ben the magician levitational
is not so much the master criminal
the pumper dumper impresario
is just a hairless weasel
Get Corzine in here next FED chief, stat....I beg your PARDON???
Off Topic
If you google " fuck the NSA". " fuck you Bernanke" and " fuck Corzine"
ZeroHedge makes front page. :)
lol...and if you Google "creepy ass cracker" the states star witness in the Zimmerman trial pops up.
Yes...the prosecutions star witness.
Which is kinda weird...the MSM constantly informs us only white people can be bigots ;-)
The prop desk, bankers, secret trading desk etc that are the feds servants have $2-3T at their disposal already without printing another $. A few more billion pomo really doesn't matter. This is coincidence, the markets are trading on technical levels and the manipulators have more than enough ammo to move them when and where they want.
POMO Arigato, Mr Roboto
Mata au hi made
POMO Arigato, Mr. Roboto
Himitsu wo shiritai
Time.. purchased by the FED and Central Banks.... but, The relentless Deflationary crash appears to be gaining traction,
Commodities for manufacturing prove the" truth ", China is NOT buying from Australian miners, Copper, Iron ore, etc falling dramatically.
Gold peaked Sept 2011
$ US Dollar has now, after 2 year climb, quitely, has broken to upside with 50 Day crossing above the 200 Day
WTIC, Oil peaked April 2011 @ 114.83
$ Euro peaked Feb 2013, now (head/shoulder formation) looking to go much lower
Equities will be the final sign after clearly, all commodities have collapsed. The FED/Central Banks can only hide so many facts about this world econonmy failure to Deflationary crash. Already the $nya index trading below 50 Day ma, $wlsh index trading under 50 Day ma
Bond market jitters? All is well 20 year, TLT below both 50,200 Day ma, 10 year ? Dont think so
China/Japan/European markets?
QE limited by the price of Oil and strong US Dollar, imo
there is no deflation. there is only a strengthening dollar and a poor economy that has driven commodity prices down. qe is has been given lots of room because the dollar is the currency of last resort as the highest rung on a ladder in a flood.
in fact, with the exception of precious metals, commodities are the only asset that does not lie. the world economy is tanking....and interest rates are going up. the world is a greek tragedy.
**De-Flation**just a matter of time...slowly working its way around the world, $$Trillions of dollars in the ponzi scheme slow the process
deflation in a fiat ponzi scheme is an oxymoron. it is illogical and even impossible.