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Just a matter of time...
h/t @Not_Jim_Cramer
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I'm thinking the only thing that's about to snap is the price of gold up from here while the fed dares not deviate from their current course, pump pump pump until the bidder end.
If you look at a gold chart for the last few days, it's almost comical. 5:30AM price smashdown. 6:00Am price slingshot back up only to be capped before getting out of hand. Free market? Right!!!
"She'll fly apart!"
https://www.youtube.com/watch?v=c7xvi6GL9Fk
Also have a look at the total market cap/GDP and notice we are now more than 150% above the median .65. In 2000 it was 200% above the median. In 2007 it was 100% above the median. Both crashes happened in the 6th year of a market runs and we are entering the 6th year of this run. Both previous crashes reverted back to the median (as the ratio has for 50 years). One slight difference is U6 in 2000 was 6.8%, in '07 was 7.9% meaning close to full employment implying demand driven bubbles (demand based on credit in the latter but demand nonetheless). Whereas currently U6 is 12.5% implying no where near full employment and thus not demand driven. This is the largest detachment between a market bubble and the underlying economy any of us have experienced. When this one bursts an already wounded economy will have nothing to hold onto, no matter how much more printing is done.
Really, Thank you............. no Really!
it's different this time, mr. yellen will print out of his ass if we get a >5% pullback in stawks - can't have that in our brave new world ... at least until h. ramrod is elected
Bullish chart! Vix doesn't matter anymore, it's all weather.
I thought it was Bush's fault
Margin was raised on my acct today...
Tick,tick,tick....boom!
excuse me, while i kiss the sky [/hendrix]
Rob the masses to build your fortress before the SHTF. That's all the last 5 years have been about.
The number one priority of .gov is the continuation of .gov.
No worries, yellen is out shopping for a bigger helicopter.
somebody gets it ^
like i said a few weeks ago, buy in may and head for the hampsteins... maybe get an early evening "celeb sighting" ... then jack off in your hot tub
Wait, you spelled Hamp, er, nevermind it got a good laugh our of me.
Are you saying it is "Not Different" this time. Oh my. I had no idea.
Double shifts at Crane & Co.
Listen, I think the financial system is rigged and will likely come crashing down when the chickens come home to roost, like most everyone else here, but these end-of-the-world correlative charts have led to nothing for 4 years now. Complete bullshitl.
Slim and none that it comes down with out a black swan before November....
1899.95.... Soon to be the price of gas.... Gotta take out 1900 today.......
Knock, knock, knockin' heaven's door.
S&Pcan't^. Lead Zeppelin ? Stairway to Heaven. Everone gone from the market (looks very weak).
S&P had a 'pin' head and shoulders around 1PM today.
Are all the traders at the Hampton's early today for the early cocktails ?
Have stocks even ticked down in the last 3 hours? Another usual algo ramp and hold... then ramp again day ...
And these d*ck heads try to tell us theres nothing wrong with the market... yeah ... whatever.....
It's going to be so nasty when this thing blows up....
was that your derby get-up? like your style bro
It hasn't ticked down at all. I think that the manipulators have two goals for the day, before they can depart for memorial day weekend festivities:
1) hit 1900 on the SP
2) hit a recod high on the SP
They tried early on by smashing the VIX and selling Yen, but the SP has been oddly resistent to budging any further. I'm sure they'll make it, but they had planned to be drinking by 11 am, not stuck gathering ammo to try another vix smash at 130 pm.
ticked down?? not allowed before an american holiday weekend. i challenge anyone to find a weak Th/Friday going into an american holiday weekend in the past 5 years.
monday might be more interesting.
ticked down?? not allowed before an american holiday weekend. i challenge anyone to find a weak Th/Friday going into an american holiday weekend in the past 5 years.
monday might be more interesting.
Yeah, i was being sarcastic. Well they don't trade like they really want to be here.... volume diverging from the extension ...
Agree, monday might be interesting. Ok boys, who wants to pay the highs??
Tuesday.
Monday Memorial Day.
Market looks like its grinding out bullish tiny turds...where is the volume ?
It's all from the Pozni Munchkin...
Just disgusting seeing the straight up line from around 1,000 to 1,900...WTF who can look at that and call it same?
SPX topped right around 2006 election time. How convenient.
Friday, July 8th, 2011
"The New One World Currency, which will be presented to an incredulous community, is designed to control you. Then once that happens they will try to deprive you of food."
http://www.thewarningsecondcoming.com/eternal-father-will-prevent-new-wo...
And medical care.
Is anybody here still in stocks?
Welllll, yes.....since anyone with a risk taking mentality would be. And that's everyone.
The risk of gambling in the market, with a risk/hedge oriented approach, HAS been minimal if you intended to make some money. (Those who didn't and don't do so, are taking a risk as well. They just think they are not 'taking a risk when inaction is as much or----in this case----far more of a risk in opportunities lost).
I am not.
Four hours a day in the town square, and when the bell rings to close the market they flog me, then I can go home to my hovel and weep.
ETF's but not stocks.
hvu (tsx, like uvxy -11x market inverse, no margin) & uslv (3.92x ETF equivalent positive to silver spot).
Also have some agq options.
There is no way on God's green Earth that I would be in the Fraud Market....er...Stawk Market. That would be spiritual suicide...as well as Financial SUICIDE.
For the self destructive...KNOCK YOURSELVES OUT!!! Good riddance.
Looks like the big, spikey shank they shoved up the dudes butt in the movie "American Me"
More like American History X
Last time the VIX bottomed (two dollars lower than its current level) the market continued to go up for a year.
We are not even remotely close to a top.
but then again, the last time bonds traded up to this level the SPX was 700 points lower....
Dear Mr Obama
S&P 500 closes above 1,900 for the first timeYour authorization for passing endless indebtedness on to future generations to make your time as president somehow appear as well-guided and fruitful is "Obamanable" and should be met with harsh consequences. But in reality, while you did it on an unprecedented scale, unlike your predecessors, you did it less stealthily.
Hey, and as long as there's "no inflation", we're cool with it
Markets were up ahead of the three-day weekend, and the S&P 500 hit a new closing high above 1,900.
Monday when our markets are closed? I still remember the morning of 9-11. Delayed market opening turned out to be around a 7 day delay, and when it did open.....As George Santyanna would say....
who cares , this time is indeed different; they will not let this market crash. this is only reference point that can keep it going.
Great chart: measured move down to 999?
:popcorn:
This can't be real...
http://www.youtube.com/watch?v=aoF0WkyUD3M
Give it a try. If you don't have the gym equipment, your couch will do in a pinch.
Jus' wonnerful...also check the Baltic Dry Index, tick tock is bloody right!
Debt clock seems to be ticking faster now, for some odd reason?
You know this reminds me of a pickup joke:
"God gave me a choice between a big dick and a great memory, but I'll be damned if I can remember the choice I made that day."
It seems we are in over our collective butts, and we are about to face armageddon (financially speaking).
Can anyone re-post the chart, with the datapoints going back to 1984 (to capture buildup to 1987 crash)?
I admit my ignorance - I do not know these charts.
somebody give me the remedial education....
just clueless i am
I'll explain it for ya.
" Bad JooJoo !! "
Look! The two squiggly lines are getting clsoer together. Must be love. Aww...
I'm color blind. What does the dark gray squiggly line on the bottom represent?
this chart is useless. it is different this time. the only explanation that fits is the sandp is an inflation proxy, the only way to keep your cash inflation proof and liquid.....in dollars.
Until it crashes??? Knock yourself out. I have no problem with that. No problem...NONE...whatsoever. Involving yourself in a fraud means that you are just so deserving in your complicity. I will shed no tears for the losers in this game. The losers will go homeless and hungry.
BTFD BTFD BTFATH BTFATH BTFD BTFD BTFATH BTFATH BTFD BTFD BTFATH BTFATH BTFD BTFD BTFATH BTFATH BTFD BTFD BTFATH BTFATH BTFD BTFD BTFATH BTFATH BTFD BTFD BTFATH BTFATH BITCHEZ
market crashes never happen in the spring
Yet??? Never say never.
When it happens you may get your naked ass exposed only to be kicked as naked asses need to be kicked. But you are smarter than the average trader and will get your money out at the top...Heh...heh...heh...ROTFLMAO.
Tom,
All of this is just musical chairs. When the music stops only the few privileged will have a prearranged seat. I know I would never be one of them so I choose not to participate. Others like the thrill of having the possibility they can play and come away unscathed. This is just their path and who are we to judge? Some may actually pull it off.
The way I look at it is I cannot stop lemmings from running to the cliff. I can only prevent myself from being swept up in the stampede. May be the lemmings were just meant to jump.
Miffed;-)
Good advice on how to look at things.
Better to start planning on living differently, planning on being pro-active (which should include being non-active in the current system), BEFORE it all tumbles. All those sitting back and watching and waiting are losing valuable time, and, are most likely going to end up as road kill.
You're right about never saying never. However, you don't have to get your money out at the top to have been successful enough to retire early.
And be careful with pointing those fingers at him, because for every one you are pointing at him, there are 4 more pointing right backacha.
Midterm elections are a perfect excuse to crash the market and take serious money off the table.
Then come back with a new and improved form of QE or depending on how the farts blow, let it all go to shit as long as the 1% has their money out.
Geronimo!!!!!
the dates on the chart are wrong....
i checked all 4 pages of replies and no one said anything that the SP500 low was '09 not '08...
Silver has been shown to fight various infections, most of them. Gold cures cancer and invigorates the pineal gland. That is something stock enthusiasts need not worry about.
Just a personal note on a friend that changed jobs and cashed out her 401K. She was waiting for the check of $14,000 to come and it didn't. So she inquired to see what happened to it. They told it had been cashed. She then turned it over to the FEDs. They told her that it would take up to 180 business days to determine what happened to it. It could have only been cashed by a bank as far as I can figure.
I'm headed back to Pittsburgh for the summer. To me it is a guess if I'll get back to California because I think the collapse is now under way.
Faultless Indicator:
More men, in more professions, in more countries, are now sporting Facial Hair, in numbers we can no longer ignore and in shapes and sizes, lengths and breadths never before seen on earth.
When men take more time to trim, tailor, coif, and design their faces than they do simply shaving off the scrub, you can bet there is a lot more time to be long. And from early reports, facial hair on men is only growing in popularity and sophistication. At ALL levels of society, rich and poor, democrat and republican, gay and straight. Look at hilary's mustache.
Make your return tickie res to Californica early and save a lot of money.
The 'collapse' has a date with destiny, as ZH has consistently predicted, but it's not likely to happen by September when so many in so many different venues have protected themselves against it, and the pieces written in support of a major correction grow by the week.
In the meanwhile, take a few bucks and sell some TASR puts @ 16 as far out as you can. Ditto Sturm and Ruger. And the S & P, if you're game, the triple longs will give you a bigger bang, like TNA. You'll thank me later.
Also, that Straddle another put up is worth a look, for GOOG, TNA, and TEVA.
And once you see the beards and sideburns, mustaches, and hirsute sculpture begin to disappear you will have been given the signal to go big time once in a lifetime, SHORT. And not b 4.
When are you ever going to be right. I have been waiting for 3 years still pictures, graphs, but you continue to be wrong.
3 years?? Try 5 going on 6.
Using this Blog as a contrarian indicator has been extraordinarily profitable for some.
The chart looks like we're doing moar with less. That's the definition of efficiency right there.
I'd always figured that in the end the markets would go down with huge swings happening as the field is narrowed to fewer and fewer players and it came down to money madly sloshing between only a handful of "investments." Battle of the Titans- all the ilttle people get smooshed under-foot.
Going unstable... "That ain't supposed to do that, man."
http://www.youtube.com/watch?v=X2wYvr20nAg
Tick, Tick, Tick,........... Cuckoo,Cuckoo,Cuckoo,Cuckoo, Cuckoo,Cuckoo,Cuckoo,Cuckoo,Cuckoo,Cuckoo,Cuckoo,Cuckoo and Cuckoo.
13 O'clock unlucky for some
When system threatens with a new crisis
http://failedevolution.blogspot.gr/2014/02/when-system-threatens-with-ne...
This is non other than a chart from a Planned Economy.. conducted by Central Planners .... in a once free market economy ...they can keep this going until we all go blind
I'm all ready for the crash. The vegetable patch is completely planted and already coming up, and I'm at 52% cash in my investment account.
But it really is different this time. The Fed has our back.
/sarc
Before you bet against the market notice the lag between the low volatility and the crash. This can go on for a while. It's not always that hard to predict what the market will do. What is hard is predicting what it will do, when it will do it, how far it will go, and how much retracemeant will occur along the way.
Economist has a similar article on lack of volatility and danger of crash---the so called "Minsky moment". The article is titled "When moderation is no virtue"
Yet a bit more chart porn - but "loopy" this time.
http://advisorperspectives.com/dshort/guest/Craig-Eyermann-140521-Mean-R...
It took me a while to understand their analysis - but in the end it is really pretty cool.
And that brings me to suggest yet-another-Acronym (YAA!!):
Sell The Fucking Mean Reverting Trend (STFMRT)
OK so I am not a marketing guy. But as the discussion indicates, I can see why the proDudes are a bit nervous at present...
We may soon be forced to face our economic Armageddon. The forces that have driven stock markets ever-higher and upward may be beginning to wane. Many markets became distorted years ago when QE and super low interest rates hit the economy in an effort to lessen many of the missteps of recent years.
This has been more helpful in holding up the underlying value of assets and derivatives it now appears than helping to repair a wounded economy. QE has up to now stopped an implosion of derivatives including the resulting contagion and shock that would have spread throughout the financial system. Unfortunately the economy has not fared as well as these asset prices and in many ways these policies have harmed Main Street. More on this subject in the article below.
http://brucewilds.blogspot.com/2014/05/facing-our-economic-armageddon.ht...