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And Risk Off

Tyler Durden's picture




 

But... hadn't this brilliant, vacuum-tube controlled market priced in every possible Ukraine contingency? Or maybe the GDP miss wasn't bad enough?

 

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Fri, 02/28/2014 - 16:08 | 4490550 PartysOver
PartysOver's picture

Sheeple - Slaughter.  Yea thats the ticket

Fri, 02/28/2014 - 16:09 | 4490556 Pool Shark
Pool Shark's picture

 

 

Top? I'm not hearing any bells...

 

Fri, 02/28/2014 - 16:15 | 4490611 flacon
flacon's picture

I'm glad I stuck with my SPY puts. I'd like to see a close on the S&P below $1,850.40.... come on "other green" (ie, RED).

Fri, 02/28/2014 - 16:20 | 4490651 Gief Gold Plox
Gief Gold Plox's picture

Today's PM slam appears to have had some reasoning behind it for the first time in a long while.

Fri, 02/28/2014 - 16:24 | 4490689 Slave
Slave's picture

Just the new excuse to dump. BTFD. Nothing has changed.

Fri, 02/28/2014 - 16:37 | 4490772 Say What Again
Say What Again's picture

I'm sure that Goldman told Russia when to do the invasion.  Goldman wanted to have all their puts and shorts in place before the russians started looking for vacation rentals in the ukraine

Fri, 02/28/2014 - 16:52 | 4490858 dontgoforit
dontgoforit's picture

George Soros has told Vladimir Putin how to short for $1 trillion. 

Fri, 02/28/2014 - 16:54 | 4490872 Headbanger
Headbanger's picture

Wow... I just got back from shooting my new Ruger American rifle in two feet of snow and 10 degrees.. (but its a dry cold!)  and come back to see the market went red at one point after that blistering surge this morning.

I shoulda just stayed out there til I ran out of ammo cause it would have been crashing by now!

Fri, 02/28/2014 - 17:02 | 4490916 MichiganMilitiaMan
MichiganMilitiaMan's picture

Your right.

Long guns, ammo and plenty of practice.  No sunshine patriots or summertime soldiers!

Short American intellegence and Ukrainian independence (or Euro backed socialists).

Fri, 02/28/2014 - 17:22 | 4491042 OldBoy
OldBoy's picture

"(but its a dry cold!) "

I love it...Thanks for the laugh!

Fri, 02/28/2014 - 16:27 | 4490709 flacon
flacon's picture

That's my trade too. I also bought some silver calls after the smackdown earlier this week. 

Also, check TSLA and PCLN - might be good for a quick scalp going down. 

Fri, 02/28/2014 - 16:27 | 4490704 DeadFred
DeadFred's picture

Why wouldn't there be a ramp today? Who wouldn't want to be levered long at the beginning of a weekend when Russia seems to want to start a war? Rally on, I'm sure it ends well. 

Fri, 02/28/2014 - 16:09 | 4490566 Thought Processor
Thought Processor's picture

 

 

Gonna be an interesting weekend.

 

Wake up Monday in different world.

 

Fun while it lasted.

Fri, 02/28/2014 - 16:21 | 4490646 Fidel Sarcastro
Fidel Sarcastro's picture

Many...MANY...sweet ES shorts!  It's about fucking time.  What a nice drop.  Eat it perma-bulls. 

 

Edit: Now that the mkt dropped a whole 20point, it's "priced in." Was the problem solved? No but why would that matter.

Fri, 02/28/2014 - 16:29 | 4490718 TheRideNeverEnds
TheRideNeverEnds's picture

thats pretty much a free 20 points just buy the dip, 1900 is a given and we will be making new highers highs by tuesday.  

Fri, 02/28/2014 - 16:53 | 4490808 Fidel Sarcastro
Fidel Sarcastro's picture

Maybe b4 the close?

 

Stawks are now UP on the day -- that's ALL that matters!  War? Who gives a fuck; is da maaawwwkit up???

Fri, 02/28/2014 - 17:02 | 4490897 TheRideNeverEnds
TheRideNeverEnds's picture

yup, new closing highs, I am sure in the post market / pre market next week they will goose em up to new lifetime highs so the 401ks and other funds can BTFATH on the open.   That has been the MO for years now. 

Fri, 02/28/2014 - 17:00 | 4490818 Ham-bone
Ham-bone's picture

when money is infinite - never a shortage of buyers...it's sellers we may run out of.

Fri, 02/28/2014 - 16:14 | 4490605 Ham-bone
Ham-bone's picture

@ Kevin Henry and TPPT - IT'S SHOWTIME!!!

Fri, 02/28/2014 - 16:52 | 4490857 Ham-bone
Ham-bone's picture

and now it's Miller Time...you've done one heck'uva job saving the important* people of this nation from a imminent dangerous (likely Russian plotted) attack on our paper net wealth.

*only the top .005% are important...fuck the rest

Fri, 02/28/2014 - 17:09 | 4490959 SAT 800
SAT 800's picture

I surrendered gracefully this morning at 1861 for -$575; because I was top-picking and what I picked wasn't a top.

Fri, 02/28/2014 - 23:00 | 4492487 medium giraffe
medium giraffe's picture

Just jump on the bus when it comes past, no need to sweat it.  I used to get about one in six right on a top/bottom pick (if that), gave up before I gave myself a coronary.  Bad luck though SAT, but chin up, they'll be plenty of action when it all finally goes to shit.  I keep looking back at GBP/USD slide 2008.  + 6000 free pips anyone?

 

Fri, 02/28/2014 - 16:09 | 4490560 Rising Sun
Rising Sun's picture

Getting printing Yellen you stupid fucking cunt!!!!

 

Print faster pig!!!!!

Fri, 02/28/2014 - 16:09 | 4490562 franzpick
franzpick's picture

BRING IT.

Fri, 02/28/2014 - 16:10 | 4490569 alien-IQ
alien-IQ's picture

but but but...isn't war bullish? isn't everything bullish?

Fri, 02/28/2014 - 16:37 | 4490773 CrashisOptimistic
CrashisOptimistic's picture

Notice how when oil goes from 105 to 95 it will boost GDP?  But when it goes from 92 to 102 it has no impact.

Fri, 02/28/2014 - 16:54 | 4490875 dontgoforit
dontgoforit's picture

Heifers are definitely bullish.

Fri, 02/28/2014 - 16:10 | 4490576 Jlasoon
Jlasoon's picture

"Need more penile pills"...

Fri, 02/28/2014 - 16:11 | 4490577 Frank N. Beans
Frank N. Beans's picture

gold not flinching  much here

 

Fri, 02/28/2014 - 16:13 | 4490598 maskone909
maskone909's picture

miners holding

Fri, 02/28/2014 - 16:12 | 4490590 Atlantis Consigliore
Atlantis Consigliore's picture

Change that wig,  talk like a realtor Janet,  lie and deny, and Print those stocks, for the sheeple...LOL

it only goes up, right....

Fri, 02/28/2014 - 16:13 | 4490597 Black Forest
Black Forest's picture

Too warm.

Fri, 02/28/2014 - 16:13 | 4490600 Dumpster Fire
Dumpster Fire's picture

weather

Fri, 02/28/2014 - 16:14 | 4490608 Bam_Man
Bam_Man's picture

This "market" is a crash waiting to happen.

Fri, 02/28/2014 - 16:17 | 4490623 i_call_you_my_base
i_call_you_my_base's picture

It's waiting for a reason. It needs a scapegoat.

Fri, 02/28/2014 - 16:52 | 4490861 bugfixx
bugfixx's picture

What this "market" needs is millions more bagholders.

Fri, 02/28/2014 - 16:15 | 4490612 Ness.
Ness.'s picture

ZH risk off post stops the sell of it's tracks once again.  Amazing.  Check the time stamp on this post with a dow/S&P chart.

 

 

Fri, 02/28/2014 - 16:18 | 4490638 Rising Sun
Rising Sun's picture

That's because that fat cunt Yellen is feeding the printer again.  Only $65B in leveraged cash to fuck with this time.

Fri, 02/28/2014 - 16:17 | 4490619 franzpick
franzpick's picture

Did someone mention SHORTAGES and PRICE CONTROLS?

Fri, 02/28/2014 - 16:23 | 4490625 LawsofPhysics
LawsofPhysics's picture

My bad.  took some more profits this AM.

"free markets" and all...

/s, (regarding the free markets, not the profits)

 

Fri, 02/28/2014 - 16:19 | 4490636 Hindenburg...Oh Man
Hindenburg...Oh Man's picture

you would think that gold would finally move higher...have the markets become so jaded about "bad" news and international events that you need actual bombing to take place to get a move in gold nowadays??

Fri, 02/28/2014 - 16:19 | 4490642 Kaiser Sousa
Kaiser Sousa's picture

what did u expect....ITS COLD!!!!!!!!!

Fri, 02/28/2014 - 16:22 | 4490668 Yen Cross
Yen Cross's picture

    These markets are absolutely fucking manic! F/X is chopping around wildly without any direction. I've seen this before and it usually has preceded a substantial selloff.

   The usd has been heavily sold over the last 24-36 hours even though the u.s. equity markets were higher until very recently. Also bond yields have edged higher. The usd will bounce in the near future and equities won't like the stronger dollar and higher yields.

Fri, 02/28/2014 - 16:24 | 4490688 Frank N. Beans
Frank N. Beans's picture

and there's the bounce

let's see if it lasts

 

 

Fri, 02/28/2014 - 16:25 | 4490694 walküre
walküre's picture

I missed another opportunity to get ass raped. Why don't I just BTFATH? So sorry folks, I can't relate to the pain.

Fri, 02/28/2014 - 16:27 | 4490707 NDXTrader
NDXTrader's picture

There is no way any human being in their right mind could be buying right now. No one has any idea what's going on on the ground in Ukraine. This has got to be the PPT

Fri, 02/28/2014 - 16:42 | 4490797 thismarketisrigged
thismarketisrigged's picture

humans have not been buying for a long time.

 

its all computers, u think that any human would sit there when we get terrible data and say '' let me buy'', no its all algos programmed to buy everything .

 

u think any human would say '' let me sell my aapl shares for example because a possible conflict in ukraine?

 

it would make no sense, humans r out, its all algos pretty much, and that is why when this thing finally crashes it will happen so fast.

Fri, 02/28/2014 - 16:29 | 4490720 bdub2
bdub2's picture

I'm in a frenzied btfd like no time in buying history, cuz whenz it warms up GDP should ramp to 25% plus.

Fri, 02/28/2014 - 16:30 | 4490730 FiatFapper
FiatFapper's picture

February has been strongly risk on; 'tis last day of the week and last day of the month to paint risk off, so 'they're' hitting buy stops before another push north. Should be some almighty gaps over the weekend in FX land...

Fri, 02/28/2014 - 16:31 | 4490735 alien-IQ
alien-IQ's picture

I seriously doubt "they" will let the market close red today...

Fri, 02/28/2014 - 16:36 | 4490764 FiatFapper
FiatFapper's picture

Since 5am last night GMT, GBP, EUR & CHF have been strongly bid pushing the markets to risk off, but NZDJPY is itching to blast north.

It's just the minutiae machinations of a stop hunt...

Fri, 02/28/2014 - 16:35 | 4490756 fonzannoon
fonzannoon's picture

yep look at this natural buying activity coming in. it's like they are turning a dial.

Fri, 02/28/2014 - 16:39 | 4490778 soopy
soopy's picture

Lol, always so quick to jump on any 0.5% 'plunge' and blow it out of proportion on those charts.

Fri, 02/28/2014 - 16:40 | 4490789 thamnosma
thamnosma's picture

always a good time to buy. 

Fri, 02/28/2014 - 16:43 | 4490803 NoIdea
NoIdea's picture

The cold weather made Russia invade Ukraine

Fri, 02/28/2014 - 16:48 | 4490814 alien-IQ
alien-IQ's picture

the algos are throwing everything but the kitchen sink to push this motherfucker higher into the close.

 

I would expect an epic dump after the bell on the /ES

Fri, 02/28/2014 - 16:50 | 4490846 walküre
walküre's picture

Significant dump though, not just a grind. Someone cashing out.

Fri, 02/28/2014 - 16:51 | 4490852 Tsar Pointless
Tsar Pointless's picture

And risk back on.

Fri, 02/28/2014 - 16:53 | 4490869 Redneck Hippy
Redneck Hippy's picture

Hate to break it to you, but once again ZH doom-mongers have jumped the gun.  Eight minutes left and S&P headed for a new record.

Fri, 02/28/2014 - 16:56 | 4490879 alien-IQ
alien-IQ's picture

you should be buying more of everything before the bell. you know, so you don't miss out on any big winners because as you probably know, this market will continue to rise and rise and rise for ever and ever and ever...

Fri, 02/28/2014 - 17:01 | 4490909 rsnoble
rsnoble's picture

Dude you forgot about the later friday afternoon trick the slaves ramp!!

LOL..........the tube jokes will go down in history with 'fuck ben'.

Fri, 02/28/2014 - 17:01 | 4490912 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

Algos halted the major selloff

Fri, 02/28/2014 - 17:09 | 4490951 BullyBearish
BullyBearish's picture

The sickest segment of all didn't even budge down...housing is the FED's favorite

 

Fri, 02/28/2014 - 17:39 | 4491143 Spungo
Spungo's picture

buy the ___

hint: the answer is "put"

Fri, 02/28/2014 - 17:46 | 4491205 Law97
Law97's picture

You can thank me.  I have been short for two weeks and covered my shorts within a point of the high today.

Fri, 02/28/2014 - 19:12 | 4491741 Ban KKiller
Ban KKiller's picture

No war. New agreement in place to placate the masters...

Monday will show new highs as war fears over.

Back to cooking the books.

Sat, 03/01/2014 - 02:19 | 4492721 AbbeBrel
AbbeBrel's picture

Amazing chart on the HARPEX (container shipping rates):

 

http://www.harperpetersen.com/harpex/harpexRH.do?timePeriod=Total&&dataT...

It has pretty much flatlined over the last several years - the shippers must be getting ripped bloody on the shoals at these low "recovery" rates!!

Also for you shorts above, don't get your knickers all in a knot as yet.   Wait a bit until the $NYSI rolls over a bit - there is too much up momentum as yet to get serious about exposing your butt in a short position:

http://stockcharts.com/h-sc/ui?s=%24nysi

Do NOT follow this link or you will be banned from the site!