"X" Marks The "Irrational" Spot

Tyler Durden's picture


Fed's Williams recently warned of "irrational" investors getting "carried away" by "assuming a pattern (rising stocks) will persist." If financial stability is really the Fed's concern then one look at the chart below shows they have totally and utterly failed...


h/t @Not_Jim_Cramer


Looks like someone is getting carried away?

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Thu, 06/12/2014 - 19:00 | 4850660 Winston Churchill
Winston Churchill's picture

X marks the spot, can I have my pot of gold now ?

Thu, 06/12/2014 - 19:14 | 4850710 disabledvet
disabledvet's picture

Yeah...no shit. "No problem of ego going on here!"

"American Media." Death of a nation.

Oh, and "ignore all that debt creation too! Just like gold it's value is just a figment of your collective delusion!"

Thu, 06/12/2014 - 20:08 | 4850868 Beam Me Up Scotty
Beam Me Up Scotty's picture

I'd rather look for the g-spot!! If I am out looking for spots!

Thu, 06/12/2014 - 23:39 | 4851470 disabledvet
disabledvet's picture

"God bless the child that's got his own."

Thu, 06/12/2014 - 19:10 | 4850696 slotmouth
slotmouth's picture

Lavorgna is an x-ray visionary.

Thu, 06/12/2014 - 19:14 | 4850717 JR
JR's picture

Dave Brat: Issues

Federal Reserve
I support a full audit of the Federal Reserve System.


Thu, 06/12/2014 - 19:19 | 4850731 JuliaS
JuliaS's picture

We're about to discover just how many hotel maids this guy got to rape after visiting the Bundy ranch.

Thu, 06/12/2014 - 19:26 | 4850748 Pure Evil
Pure Evil's picture

Oh my gawd!

I hope he doesn't start talking about gold and silver as real money.

Thu, 06/12/2014 - 23:40 | 4851472 disabledvet
disabledvet's picture

Or "a bond market bubble."

Thu, 06/12/2014 - 21:55 | 4850779 khakuda
khakuda's picture

Hahahaha.  Shut up Williams, you fool, everyone knows you guys won't let the market go down more than 10%.

Now be a good bitch and go promise us 4 more years of free money like Mario just did.  Don't make us have to lobotimize you like we did to Kocherlakota, Evans and the rest.  Hell, look at what we did to Krugman.  Poor guys eyes are almost popping out of his head as he babbles insanity.

Thu, 06/12/2014 - 20:22 | 4850907 Porous Horace
Porous Horace's picture

Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.

Thu, 06/12/2014 - 20:33 | 4850928 Carpenter1
Carpenter1's picture

Time stamped comment

Sounds like every other comment made before a fall, when everything seemed invincible.

Fri, 06/13/2014 - 02:16 | 4851715 zipit
zipit's picture

I assume he was being sarcastic, channeling whatever CNBC pundit or Alan Greenspan or whoever it was that made about the same statemet before the Dot-com Bubble popped.

Thu, 06/12/2014 - 20:29 | 4850919 MountainsRoam
MountainsRoam's picture

Why are we not burning the Federal Reserve to the ground??

Thu, 06/12/2014 - 20:36 | 4850938 Carpenter1
Carpenter1's picture

There's not enough of us yet,

It's coming, and I'll be at the front of the knives and pitchforks crowd, with some automatic weapons too of course. Burn it down, only after barring all doors and windows so not one employee gets out.
Not even the janitor, he's a sell out as much as any of them.

Fri, 06/13/2014 - 07:44 | 4851965 headhunt
headhunt's picture

No one is ever really hungry, they keep the animals well fed and let them out on their leash often enough people imagine they are free.

All revolution has come when people are actually hungry - for food or freedom.

Fri, 06/13/2014 - 07:56 | 4851988 AdvancingTime
AdvancingTime's picture

 What do stock markets around the world have in common with "girls gone wild" the video of college girls on spring break? The answer is both are crazy out of control. We have grown very complacent as money around the world has continued to flow into intangibles and promises.

Currently the market is all a twitter and locked in a "greed and stupidity loop." The loop can be explained as follows, stocks are rising so why get out, not getting out is causing the stocks to rise. When stocks do pullback it is a buying opportunity. Yes, we are indeed experiencing a double down and let it ride mentality. I don't have to explain the greed part. More about this subject in the article below.



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