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It's 3PM - Do You Know Where Your Vertical Ramp Is?
No news... but green now on the week and month as epic volume ramped stocks perfectly at 3pm...
and The Dow explodes...
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Those $85B/Mo gotta be good for something, eh!?
pshhhhht!
they'll know we're onto them!
.. amazing what you can do with a computer nowadays.. if you are the Fed.
But,, (courtesy of Drudge)
Obamacare website cost more than FACEBOOK TWITTER LINKEDIN INSTAGRAM...
'How can we tax people for not buying product from website that doesn't work?'
Once you get in, you can't get out...
Crazzzzzzzy code...
'It looks like nobody tested it'...
Hawaii forced to relaunch after zero sign-ups...
Only 5 Iowans..
" It’s been one full week since the flagship technology portion of the Affordable Care Act (Obamacare) went live. And since that time, the befuddled beast that is Healthcare.gov has shutdown, crapped out, stalled, and mis-loaded so consistently that its track record for failure is challenged only by Congress.
The reason for this nationwide headache apparently stems from poorly written code, which buckled under the heavy influx of traffic that its engineers and administrators should have seen coming. But the fact that Healthcare.gov can’t do the one job it was built to do isn’t the most infuriating part of this debacle – it’s that we, the taxpayers, seem to have forked up more than $634 million of the federal purse to build the digital equivalent of a rock."
http://www.digitaltrends.com/opinion/obamacare-healthcare-gov-website-cost/
I smell smoke
JYellen farted.
Ramp started at 2:50 sharp on the FB and at 3:00 PM sharp in SPY, what's the chance of that, the programmers could have some shame and not use round numbers
Yellen believes in Krugman's idea of creating trillion dollar coins in the Treasury. She is talking with her intimates of minting a couple per year and store them in Fort Knox
you cant even sign up for it to know whats in it.
only $625 Million to build the site? shit, ben prints that in seconds and seconds later JPM uses it to short 29 million shares of SLV, sending silver crashing.
The non shutdown shutdown and endless debt ceiling fiasco is resolved. SS and medicade are fine, unemployment is low, the fed isn't monetizing debt and the obamacare is a hit.
OK. Enough of these bullshit lies.
And boner goes limp.
Where have we seen this before. Now back to Miley Cyrus is a whore since the media has nothing better to do than to push diversions.
You are missing the point, dangerous. Let me attempt to help you and my self by thinking while I write.
Yellen will monetize until she dies. She doesn't care about inflation and will wait until inflation is out of control, she will not attempt to preempt it, like most others would. She has never lived what inflation means to the people.
What that means is that real companies that own productive assets that will still be needed in a hyperinflated world will see their value hyperinflated, even if their free cash flows in real terms come down a lot due to market collapse.
In a post-Yellen world, there will be NO refuge from inflation, only ways to ameliorate its effects, like equity investments. Bond holders will remain safe from market oscillations but will be killed in real value, even holding to maturity. Even gold, as a non-productive asset will suffer, since nobody will be able to afford it.
Financiers know all of this very well, since they live in NVP terms, NPV corrects for the effect of time, estimating the present value of future cash flows. Inflation is a critical component of NPV. Henceforth, equities offer the only alternative for people to hope to maintain a high percent of their actual capital today.
The key is when to enter the market, how to enter and where to enter.
My advice is consumer non-discretionary brand names, please remember that addictions like McDonalds, Coca Cola, Cigarettes, etc. are non-discretionary. And high end health care.
Even gold, as a non-productive asset will suffer, since nobody will be able to afford it.
You fail to understand. Hyperinflation is actually deflation. What you call "hyperinflation" from USD point of view, is "deflation" from gold point of view. Same thing.
If you forget the USD noise, you just see gold credit substitutes being destroyed, the velocity of gold dropping, and its value soaring because cash is king. Deflation.
"Your POMO, lifting me higher
Than I've ever been lifted before
So keep it up
Quench my desire
And I'll be at your side, forever more"
http://www.youtube.com/watch?v=mzDVaKRApcg
Kevin Henry's gonna get a little something extra in his paycheck tomorrow.
Up 300 on the Dow, gold shoved back below $1300.... it's Miller Time.
Hookers and blow.
Tax deductible to boot no doubt...
The thrill of victory, the agony of defeat...
DaddyO
So Wall Street has just made it pretty clear which side of the vote they are on, have ALWAYS BEEN ON, and will alsway BE on! Spend and borrow and print without end, amen!
Whats amusing is, all this and the House hasn't brought shit forward for a vote AND the Senate hasn't said it would vote on what the House hasn't voted on yet, and the WH hasn't said it would sign, what the house hasn't voted on or the Seante has seen yet...........but fuck it lets ramp 300 points anyway!
It might be time to STR (Sell the Rip)!
October is a long month.
It will be a bumpy ride.
it's actually 3:22pm
and more of a ladder than a ramp...jus saying
"It's 3:33PM! Do you know where YOUR pump-monkey is?"
Cramer comes on CNBC at 2:00 PM.
This one goes out to all you lucies out there in D.C., turn it up loud and proud!
http://www.youtube.com/watch?v=l482T0yNkeo
...epic.....
and of course Gold getting fucking pulvarised now
...and for that we say "thank you".
Part of the same game plan. It's obviously manipulation (both equities up and gold down) but the only thing that will ever stop it is US-dollar repudiation (i.e. take their toys away). What I don't understand is how gold ever managed a decade-long bull market in the Greenspan-Bernanke era.
>> Gold getting fucking pulvarised
Can't be, we're in globex now.
How dare you talk against the free market!
No POMO tomorrow...
http://www.newyorkfed.org/markets/tot_operation_schedule.html
Has anyone corroborated POMO days to market performance? Just askin'.
GOP announces intention to attach CR.
http://www.washingtonpost.com/blogs/post-politics-live/liveblog/live-upd...
They cannot ever find balls to attach to themselves...bet they fuck this up too.
Anyone who perceieves themsleves as an intelligent investor must feel jinxed by what we've seen the last 5 years.
People are piling onto equities and short covering. It's what the democrats and Wall Street wanted.
its almost like they make up major crisis so that they can pump the market up to all time highs.
these fuckers did this in jan with the fiscal cliff shit even though there was no big sell off before it, and now they r doing it now, despite not there being a real sell off before hand ( a -150 day on the dow with an index at 15,000 is not a fucking sell off, we used to get -600 days when the dow was trading at 8,000)
i hope that something bad happens in this meeting after the market closes, i want these bankers and hedge fund managers to fucking drown in there tears and die a terrible deaths, fucking dirty thieves. same to u obama and all fucking people in washington. and a big fuck u to janet yellen u stupid cunt.
rest assured if the headlines suddenly turn negative after the close, congressional staffers will be well positioned
Back in the days of real markets a disappointment you're looking for had probabliity. Today, with all the butt licking and connectivity with lobbyists and bankers, there's no way a move like this would reverse. The deal will be blessed this evening, "bank" on it. Completely sucks!
Looks like it's time for another Oboner family vacation.
It means printing presses remain open!
any news of GS Stolpers 'weak dollar/strong yen' trade....looks like he was right for about 5 hours, and soon to be stopped out....
there is no way this ends without a war. The world is gonna have to get bloody to stop this criminal enterprise
It is possible that you are right, but sadly it is more likely that this ends with a few years of 20% inflation dressed as 5-7% by the games played to calculate the CPI. If you use 1980's methodology right now we are at 8% inflation right now reported as 1%.
Example, a gallor of Sherwin Williams paint a few years ago was around 18 dollars, now you buy only a quart with that money. It should have taken 35 years for that to happen if inflation had been 2%. For this to happen in 15 years or less inflation must have been at least 5% or more.
With real inflation at 20% CPI will be at 6% this implies that in 15 years you will be paying 60 dollars for a gallon of gas.
Every company that has productive assets will keep on functioning, and those who own their shares if they picked surviving companies will still be OK. Anybody who remained static, grabbing to their gold, weapons or cash, will be a pauper.
Sadly for all of us, that is the most likely truth ahead of us.
It's amusing to watch talking heads on Bloomberg trying to attribute the ramp on whatever passes for even anecdotal reasoning with the most obscure causations, when everyone knows full well that is nothing more than a farce by any other name.
4 Trillion 7 trillion POMO, who gives a shit, make it $ 10 Trillion Janet,
lets be a social welfare state fRANCE like Europe/ and a debtor default nation like Japan,
with 200% Debt....
Go go go Boner, where s the tears? we tried. Lol
She can't make it much higher, she will indeed push it as high as she can. The key in her mind is to destroy static value as fast as possible without causing a revolution of the holders of that static value. She will make sure that only dynamic value is preserved (that tied to productive assets, production and services). The reason she will do that is that it is the only hope to avoid WWIII.
I don't agree due to the moral hazard it creates and how it will change the world and the way people behave in the future once it is understood that saving is a loosing proposition, this pushes people to easy life, spending, abuse and living the moment. All very bad for buiilding a lasting society. Those values that created the USA and made it what it is will dissapear, but at this point I don't see that future changing.
All it takes now is Harry Reid saying he won't accept a short term debt limit increase w/o the government re opening (which he has already said) and tomorrow could actually get scary
C'mon Harry! Open that big mouth of yours and stick your foot in it! Make sure you're wearing combat boots while you're at it too!
the best part about this farce of a market is, that if there is a 6 week delay agreement, these fuckers will ramp it up again tomm and pretend it was not priced into the market.
What is MTD and WTD, do you mean mTV and WW3..??!!
thts pretty funny
Its moments like this when you realize exactly how very false, empty, manipulated, contrived and thus, tenuous this "recovery" actually is. This is when people begin to understand that the system is SO prone to collapse that TPTB cannot dare to allow even a small amount of reality to intrude. Its sad really, when you think back upon what this country and this world could have accomplished. Instead we have the Lord of The Flies. The Empire of Shit. Hopeless Shame.
apparently somone looked in Yellen's purse and saw a bottomless pit
And Gold down of course. I think everyone saw this coming a mile off.
Manufactured "crisis", not much happen with metals.
"Crisis" solved (I know, I know, stop laughing!), metals sold like fuck. Of course. Stop looking at the spot price and worrying. Do you get annoyed when its happy hour as well? Well this run is as close as we're getting to a PM Happy Hour. Drink the fuck up!
You nail it.
I'm saving some dry powder to buy on the cheap after the manufactured crisis is "solved".
just had someone on cnbc who sounded like a zerohedger. basically said this market is a farce, prices are massivley inflated, and we r going to have to pay big time for this eventually.
hope he is right, watching this rally, i really want a lehman repeat. actually, lehman would be to little of a punishment for these fuckers. i want this collapse to be something that has never happened before in our time.
a loaf of bread will be $100 before anything like that ever happens, and the American people are lovin' it
collapse the dollar and take the power from these fucking criminals. Turn Warren Buttfuck into a pauper so we can piss on him as he sleeps on the sidewalk.
I would love to see a big, fat "NO DEAL" headline pop up right about now...
just to see if they would give back an entire days worth of dead cat bounce in the last 15 minutes.
that would be the perfectly absurd ending to a perfectly absurd day.
meeting is not until 445.
even if they did not come to an agreement, these assholes would try and pretend they r making progress just so markets can continue to go higher.
watch ur screens, the next 10 minutes there will be a major end of the day pump, dow will prob close up 330 plus, s&p close to 40
They're all long the market. Until all these fuckers are short this market is going higher....much higher. Since they can play it all the way to infinity and there's no one screaming like they would if the market collapsed, then it's just gonna keep going higher and higher and higher. Nothing makes any sense anymore anyway so what do you expect? Sense? Don't be stupid.
Dear Janet "Munchkin" Yellin', thank you for my freedom.
Here in Seoul everyone is on their device and the subways are clean. Big deal...just more nice folk ignoring the problems by consuming the newest shiny gadgets.
Unlike the states where everyone is aware! Ummm...I mean asleep...zombified by all the "money".
well, when the spent fuel rod container collapses at Fukushima Seoul will have bigger problems than clean subways. And they can thank GE, the purveyors of pestilence and death bringing "good things" to life.
And Ta Da! Markets end right at the day's high.
This is exactly what was expected. Mentioned more than once.
Much higher highs to come.
Start getting used to SnP 18xx.
Start realizing that ZH is manipulating your sentiment.
Regarding Indices the bearish way. Regarding gold the bullish way.
While Indices rally and rally and gold is a suckers whipsawing trade and will sink much lower into next summer.
It's your choice to wake up or continue to be a sheeple of bearish talk.
See ya sooner than you might think at SnP 18xx.
I'm glad you earn lots of chips in the casino. I'm just not sure if you'll be able to cash out your imaginary earnings.
No, but I know where gold and miners are headed.
God has called 200 west
for many years traders sell the emini when the Treasuries close on the low tick. I can only assume they buy when it closes on the high tick, today for example due to a very well subscribed bond auction. No need for conspiracy theories
http://www.youtube.com/watch?v=CpgtDbZmTKg