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Cognitive Dissonance For 5 Year Olds

Tyler Durden's picture




 

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(h/t @Not_Jim_Cramer)

 

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Wed, 11/06/2013 - 17:34 | 4128407 I am more equal...
I am more equal than others's picture

I'd lay that spread......ummmm

Wed, 11/06/2013 - 17:37 | 4128415 Chuck Norris
Chuck Norris's picture

More Muppeting coming up

Wed, 11/06/2013 - 18:06 | 4128475 Ying-Yang
Ying-Yang's picture

 Cognitive Dissonance For 5 Year Olds

 

Cognitive Dissonance is too old for 5 year olds?

Sorry CD... I lean towards MILFs myself.

Wed, 11/06/2013 - 18:15 | 4128508 Cognitive Dissonance
Cognitive Dissonance's picture

Too funny. :)

Wed, 11/06/2013 - 19:04 | 4128674 prains
prains's picture

Muppletteers getting grabbed by the ears

Wed, 11/06/2013 - 18:56 | 4128649 doctor10
doctor10's picture

Bernanke must be threatening to drone any bearish fund managers!!

Wed, 11/06/2013 - 19:08 | 4128696 draghithebearslayer
draghithebearslayer's picture

Bernanke must be droning bearish fund managers!!

Wed, 11/06/2013 - 17:39 | 4128421 venturen
venturen's picture

The bears have been put out to pasture. Obama and Bernanke have banished the down tick!

Wed, 11/06/2013 - 17:42 | 4128431 Goldilocks
Goldilocks's picture

Bugs Bunny's Best Bits
http://www.youtube.com/watch?v=KSXJNivi9KA (33:54)

Wed, 11/06/2013 - 20:45 | 4129124 blindman
blindman's picture

Bugs Bunny's square dance in 'Hillbilly Hare'
http://www.youtube.com/watch?v=m9SrXRNPRCA
.
that was close ...
there was another one that was even better?

Wed, 11/06/2013 - 17:42 | 4128432 LawsofPhysics
LawsofPhysics's picture

Meh,  there is no "market", there is only Zimbabwe, or Weinmar, Rome, etc. etc.

Apparently, for all our technology, humanity never really learns anything.

Wed, 11/06/2013 - 20:03 | 4128942 UP Forester
UP Forester's picture

I hope you're joking.

I just got back from buying tulip bulbs, South Seas and Lehman stocks....

DAMMIT!

Thu, 11/07/2013 - 05:07 | 4130045 Gief Gold Plox
Gief Gold Plox's picture

Spot on Mr. Laws

“We learn from history that we do not learn from history”
? Georg Wilhelm Friedrich Hegel

Wed, 11/06/2013 - 17:43 | 4128436 Billy Sol Estes
Billy Sol Estes's picture

1792 France?

Wed, 11/06/2013 - 17:47 | 4128443 LawsofPhysics
LawsofPhysics's picture

optimist.

Thu, 11/07/2013 - 08:38 | 4130201 kralizec
kralizec's picture

410 Rome?  Nah, not yet.

1861 US?  Nah, too pussified.

2007-2008 Zimbabwe? 

Wed, 11/06/2013 - 17:45 | 4128440 disabledvet
disabledvet's picture

No I'm not long gold here either. Who let all the sunlight in this week?

Wed, 11/06/2013 - 17:49 | 4128449 Quus Ant
Quus Ant's picture

As any juggler will tell you- the secret is to not drop the balls.

Wed, 11/06/2013 - 20:12 | 4128999 WillyGroper
WillyGroper's picture

Oh yea, well tell that to a man in his 60's.

Wed, 11/06/2013 - 17:52 | 4128451 khakuda
khakuda's picture

Sure the optimism is so high it's bearish, but that just means the Fed will ease again, so it's bullish.  In fact, recent speeches and today's WSJ piece are telling us their next move is to extend ZIRP for another 5 years at least.

Wed, 11/06/2013 - 17:51 | 4128453 juggalo1
juggalo1's picture

I don't understand the "cognitive dissonance". The chart shows bull/bear ratio is positively correlated with the S&P 500. I thought that was one of the basics of finance. People get more aggressive as the markets rise.  Are you trying to say your indicators are showing a crash ahead?  Please switch off the broken record.

Wed, 11/06/2013 - 18:08 | 4128488 the grateful un...
the grateful unemployed's picture

if you have cognitive dissonance there is no way you can understand it

Wed, 11/06/2013 - 18:43 | 4128595 knukles
knukles's picture

sweet

Wed, 11/06/2013 - 17:59 | 4128456 medium giraffe
medium giraffe's picture

In this instance, does the 'F' stand for 'Fuck' or 'Fed'?  Or is that considered a tautology these days? 

 

I'm looking and despairing Bennymandias.

Wed, 11/06/2013 - 17:56 | 4128467 Pairadimes
Pairadimes's picture

It appears as though the stick figure has a gun to its head.

Wed, 11/06/2013 - 18:07 | 4128484 the grateful un...
the grateful unemployed's picture

also appears he needs a hip replacement, and since he has just checked into the new ACA rates schedule, that explains the gun to his head. he can't get a new hip, but they did give him a screening for depression, and some new meds, which he can't afford, and the side effects include suicidal thoughts.

Wed, 11/06/2013 - 23:04 | 4129549 Alpo for Granny
Alpo for Granny's picture

Hugo I don't know if you made that pic or not but I am friggin crying here. Thanks for the laugh.

 

Edit: Nevermind I see your tag in the corner. A+

Wed, 11/06/2013 - 18:03 | 4128476 the grateful un...
the grateful unemployed's picture

all of the advisors are paid to be bullish, and 15% are still bearish? wtf?

Wed, 11/06/2013 - 18:04 | 4128479 Al Huxley
Al Huxley's picture

Even the gold stocks caught a small bid - the market's truly gone off the rails.

Wed, 11/06/2013 - 18:07 | 4128483 Aknownymouse
Aknownymouse's picture

Today I sold my house, my car, my kids and my wife to save my money for twitter tomorrow. Wish me luck.

Wed, 11/06/2013 - 18:35 | 4128571 NotApplicable
NotApplicable's picture

So.... what did ya get for the wife?

Inquiring minds, and such...

Wed, 11/06/2013 - 19:54 | 4128897 logicalman
logicalman's picture

Guy driving down the road, picks up a hitch hiker.

When he gets into the car, the driver notices he's carrying a bottle of scotch.

He asks 'what did you get the scotch for?'

Hitch hiker says 'for my wife'

Driver says 'Not a bad swap'

 

Wed, 11/06/2013 - 18:11 | 4128493 lasvegaspersona
lasvegaspersona's picture

I'm sure some of those bears will come around AND THE TREND WILL CONTINUE!!! Call me when there are no bears left and I'll consider shorting...on second thought call me when the Fed stops buying, that'll be a better indicator.

Wed, 11/06/2013 - 18:12 | 4128500 Hedgetard55
Hedgetard55's picture

Gas dropped bleow $3/gal in Joisey. What inflation? ZIRP for another 5 years? Buy big dividend payers!

Wed, 11/06/2013 - 18:36 | 4128574 NotApplicable
NotApplicable's picture

I bought 30 gallons for $84 today.

Long RBOB.

Wed, 11/06/2013 - 18:42 | 4128592 Caveman93
Caveman93's picture

That's very deflationary. I see QE 5 at $150 Billion a day very soon!

Wed, 11/06/2013 - 18:15 | 4128509 inevitablecollapse
inevitablecollapse's picture

bulls on parade...bitchez

Wed, 11/06/2013 - 18:18 | 4128518 material girl
material girl's picture

Everyone knows the crash is coming. It's just a matter of when. If you're as dumb as the senior citizens that tell me they're moving their 401Ks into stocks on Friday...then....well... don't say you weren't warned.

Wed, 11/06/2013 - 18:35 | 4128566 yogibear
yogibear's picture

Watch for the Fed  to increase QE. Fund managers have to make their nice year-end bonuses. It mat be a bit longer and a higher market, especially with the Fed juicing the market before Yellen takes over.

Wed, 11/06/2013 - 20:07 | 4128969 carlin401
carlin401's picture

I agree normally in an election year they have the FED do good on the markets, ... now election has come and gone, and the FED is still doing good, for wall street.

Me thinks that with all the SHIT going down for OBAMA, the best thing he can do is take care of those who got him elected aka 'wall street bucks', so party on garth, cuz there is more to come,

Don't fight the FED, enjoy the party, and NEVER use your brain, all this has not one god damn thing to do with math, or science, ... its 100% HUMAN STUPIDITY, and its never going to end, until it ends, ... in the MEANTIME, get all the cheap money you can and buy real-estate, and fucking stocks,

Look at fucking facebook-fuck, ... its fucking higher than shit, who would have guessed? fucking bullshit, but in this country bullshit and stupid win everytime, ..

Wed, 11/06/2013 - 23:06 | 4129558 Alpo for Granny
Alpo for Granny's picture

LongSoupLine is that you?

Nah not enough f-bombs

Wed, 11/06/2013 - 18:34 | 4128561 hugovanderbubble
hugovanderbubble's picture

Twitter will be the biggest DAILY REVERSAL PATTERN EVER,

 

Target price 13.49$

Wed, 11/06/2013 - 18:36 | 4128573 Caveman93
Caveman93's picture

I better get in now before I get priced out of the market...4EVA!

Wed, 11/06/2013 - 18:36 | 4128575 Madcow
Madcow's picture

Better to buy stocks at artificial highs than to keep cash in the bank and have it confiscated - 

Fear of a "bail in" is obviously what is causing money to stampede into the equity markets chasing 300X PEs

http://dollarvigilante.com/blog/2013/11/04/plans-in-place-for-a-us-bank-...

 

Wed, 11/06/2013 - 18:39 | 4128584 Caveman93
Caveman93's picture

Cash...in a bank? Surely you jest!

Wed, 11/06/2013 - 20:06 | 4128961 UP Forester
UP Forester's picture

Don't call him "Surely" because it's obviously "Muppet"....

Wed, 11/06/2013 - 18:53 | 4128629 blindman
blindman's picture

i did not know that i could live for 5 years
with complete cognitive dissonance. though i
still remain, as far as i can tell, alive ,
i am not warming up to the state of mind at all.
the pain of it is becoming more pronounced and more
frequent.
i need an economic doctor !
http://www.youtube.com/watch?v=5X-6_0YqgeI
The Meters "Cissy Strut"

Wed, 11/06/2013 - 20:03 | 4128928 carlin401
carlin401's picture

cognitive dissonance for a 5 year old ...

1.) I voted for obama
2.) obama will not cum in my mouth
3.) obama care will solve all my health problems
4.) if obama imprisons me in a FEMA camp, its for my own good
5.) When obama gets his 3rd term, then we'll get the cookies and cream

Wed, 11/06/2013 - 20:08 | 4128971 blindman
blindman's picture

o man is a new world order macro political tool,
the more you are dead the more the macro installation
can succeed. it is a systems installation that will
bring about a new world order and a new identity for
the few and proud; apparently one must develop a taste
for familiar meat to become acclimated?
.
Sheriff and the Ravels - Shombalor (with lyrics)
http://www.youtube.com/watch?v=wXHoYVEOFqs

Wed, 11/06/2013 - 18:55 | 4128644 blindman
blindman's picture

CHUCK BERRY Too Much Monkey Business Sep '56
http://www.youtube.com/watch?v=W2nRjGHE620

Wed, 11/06/2013 - 19:59 | 4128913 carlin401
carlin401's picture

It would be useful to go back to 1932 on these two graphs,

1.) so buy when the bull/bear drops below one, on a month to month basis?

2.) now is not to time to buy

3.) at best, it might go down 10% when there is a peak?

Another genius method for stock picking, or buying S&P ETF's, but its still churning, which never makes good money, and besides when some lose some and at best make 10%, but just as likely lose 10%, ... then less commission end up broke ... so what?

A better bet would be the BULL/BEAR ratio on GOLD going back to 1913,

or why not do a real chart like S&P/(bull/bear), then you could see the correlation, same with GoldPrice/(bull/bear),

but the worst part of this graph is it only goes back 2 years, what's the fucking point? real interesting stuff happened in 1988, 1997, 2001, 2007,...

Wed, 11/06/2013 - 20:00 | 4128925 justsayin2u
justsayin2u's picture

Good news buy - bad news buy even more - it's a one-way street upwards, until it isn't.

Wed, 11/06/2013 - 23:03 | 4129550 MythicalFish
MythicalFish's picture

From Investors Intelligence: Bullish advisors readings above 60% are a rare event, there had been none since prior to the October 1987 crash until 1999 when bullish readings surged above 60%, a pre-warning of “irrational exuberance”.

Almost there!

Thu, 11/07/2013 - 00:53 | 4129789 desiguel
desiguel's picture

Can someone ELI5 (Explain it Like I'm 5) for me? I would love to have cognitive dissonance too but I don't understand the implications of these two charts.

Thu, 11/07/2013 - 03:31 | 4129957 polo007
polo007's picture

http://www.safehaven.com/article/31717/the-ecbs-tough-balancing-act-bubbles-vs-deflation

Today, a small group of central bank chiefs can meet in private and wield unprecedented power over global markets, economies, and wealth distribution. They are held accountable to the ruling politicians that in most cases have no respect for the principle of sound money. Instead, in Europe, the UK, Japan, the US, and elsewhere, central bankers have become intricately linked to monetizing government debts, and financing the expansion of the welfare state. As such, disciplined and independent central banking, a cornerstone to any hope for sound money and credit, has been relegated to the dustbin of history.

Central banking, - ostensibly designed to combat high levels of inflation and promote economic growth, while overseeing the stability of the banking industry, has instead, morphed into technocratic planning boards that are constantly involved in rigging the value of the financial markets. Their principal modus of operandi is to encourage risk taking in the local stock markets, through massive injections of ultra-cheap liquidity. However, the result isn't better economic conditions, but rather the expansion of massive bubbles in various financial markets. In turn, central bankers have widened the wealth gap between the owners of equities, and the rest of the struggling population whose wages are sliding backwards, and is increasingly seeking out assistance through welfare programs.

Historically, the value of the stock market reflected the dynamics of the local economy, and would influence the social mood of the populace. A stock market that is booming would signal an up-and-coming economy that would be followed by increased business investment and the creation of good paying jobs. Rising share prices boost the fortunes of about 10% of households in the country, and triggers a greater propensity to spend for goods and services - otherwise known as the "trickle down" effect. Therefore, keeping a constant vigil on the behavior of the stock market, - has become the raison d'être of central banks.

In earlier times, stocks traded on the local stock exchange used to track or even anticipate the nation's business cycle. But that reliable role as a leading indicator began to seriously break down after the financial crisis of 2008. Since then, because of the hallucinogenic effects of "quantitative easing" (QE), - stock markets are no longer reflections of the health of the local economies or forecasting mechanisms of the business cycles. Instead, they are just slices of ownership in specific companies that are unreliable gauges of anything but the underlying strength of the companies they represent, their dividend payments and buybacks, and the schizophrenic mind-set of the traders who buy and sell the shares.

Thu, 11/07/2013 - 08:37 | 4130197 Pumpkin
Pumpkin's picture

Central banking, - ostensibly designed to combat high levels of inflation and promote economic growth, while overseeing the stability of the banking industry

Central Banking is designed so the bankers have complete and total controll of the currency and its creation.  Therefore complete and total control of everything on planet earth.  Once one realizes this, then one can truly appreciate what a huge success the Central Banks really are.

 

Thu, 11/07/2013 - 08:08 | 4130160 Budd aka Sidewinder
Budd aka Sidewinder's picture

"I'm pumping up sunshine

Oh yeah

I'm pumping up sunshine

Whoa oh

I'm pumping up sunshine

Oh Yeah

And it's feeling so good"

Thu, 11/07/2013 - 08:41 | 4130210 mantrid
mantrid's picture

I don't get the background.. where are these bullish/bearish ratio charts/data from?

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