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Well that escalated quickly...
The Dow just dropped below the 16576.66 closing level for 2013... breaking both the 50DMA and 100DMA...
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Take the money and run
Run forest, run, run to the forest, for the rest will come later
Maybe my shorts will finally make me some cash...after losing so much along the way...eventually I'll be able to keep my head only slightly below the water.
I'm studying for an econ-stats quiz. Would the returns on the SP500 be considered a Stationary or Non-Stationary Processes? </sarc>
p.s. I don't know about your shorts, but in my neighborhood, the ladies make more money with their shorts off.
Buh lots of Bitcoin and you shall never want.
Just setting up shorts for slaughter unfortunately...I've seen this movie.
That's what happens when you come out with good economic numbers.
Should have come out with negative numbers the Dow would have climed 3000 points.
tough day
in Econistan ...
UNPOSSIBLE.... MORE QE Drug needed..Mainline it Yellen
Need MOAR QE from the HOAR.
Must have MOAR, HOAR, so the Dow will soar.
MOAR...Must have MOAR...
"No one saw this coming."
WW3 can get going much faster than the other fast start, World War 1 ...and saddly much deeper than the deep cuts of World War 2.
"those missles are getting kind of old, better use'em or loss'em" -some oligarchs whispering amongst themselves, untouchables and hidden
where? True deciscions like this are made by gentlemen on the boat in places like St. Moritz, or sun bathing in the Hamptoms, (where's golfing obama going these days?)
Secret meetings with orders to be doled out by the respective executives... looks like a deep culling from every angle is what has been offered to humanity by all parties.
Arrogant Greedy Maniacs with tons of nukes, chems, plagues... and this time climate change/ecocide is in the mix
WW3 is gonna be a real clusterfuck, real fucking quick because some people don't want to take a haircut/border-cut.
Yeah. BTFD
Onward...forward...
Left (Right) Left (Right) Left Right Left
Left (Right) Left (Right) Left Right Left
Left (Right) Left (Right) Left Right Left
March right off of that fuckin' cliff.
It is a good...
Left (Right) Left (Right) Left Right Left
Left (Right) Left (Right) Left Right Left
Left (Right) Left (Right) Left Right Left
March onward into the abyss for your deserved destruction!!!
Yeah!!! Collapse baby collapse.
(Do not worry. It will bounce off the 200dMA. The Dead Cat is all but expected. There is still some life yet...for a short while.)
You're confusing "ergodic" with erotic.
looks like the Plunge Protection Team is on red alert right now
while
Purge Protection Team is relaxing over in Liberia.
ya i was waiting for the 330 ramp, what the hell. my prediction is a further drop tonight then a nice ramp/short squeeze on friday. cant have it red going into the weekend. Also, a nice 1.6 bil gold dump early in the AM sometime.
Join the suicide wagon with me and go long Gold here!
Hey Tyler, Can you set up a daily post where we can discuss the price of gold/silver coin/bar (bought & sold) transactions that are actually taking place? I'm really curious to know the price people are getting on the bid / ask for PM at their favorite dealers.
havent bought any gold lately, but im paying 24 for buffalos and generic bars, 25 for eagles, maples, philharmonics. i think the 10 ounce bars are a bout 230. thats all ive ben buying lately, anyway, not sure about junk silver or anything else
Join this Forum and start a thread in the Gold Discussion Group...
Downside is that it has a Seven Day Waiting Period before you can post.
It is a motely crew over there and you cannot cuss and swear as it is moderated...but they are really good people...other than the trolls and shills.
https://www.kitcomm.com/
.
Join the suicide wagon with me and go long Gold here!
Right....that wagon lost lost its wheels and burst into flames a long time ago, i'll gladly lay in it's ashes with you
i know what you mean
Well fuck me for jinxing an earlier ZH post today saying I expected a bounce
http://www.zerohedge.com/news/2014-07-31/all-major-us-equity-indices-are...
Looks like the jinx rules work after all!
You might want to look around your office for hidden cameras and microphones. I know my office is bugged because everytime I place any order (buy or sell), someone "sees" me do it and then they beat me to the top of the book. This is really getting me mad.
No I think it's cause my tin foil hat has a few holes in it from banging my head on the keyboard so much'
Cause it feels so good when I stop!
Told ya'll to exit yesterday and the reasoning why.
i.e. Banco Espirito, Argentinian default, Putin not importing US inflation, etc, etc.
Not to mention all the fucked up lies being told that noone can even keep track of.
I wouldn't even buy this dip with other peoples money. Get.out.now.
After all the bad news this morning I was sure it would jump 300 or so. When is bad news good and good news bad? Sure glad I don't trades this shit.
I am watching this bitch all day yawning and going,
"ok where's the ramp" "Any minute now!"
Truth is this 300 point loss will be a 7 point gain by Tuesday and almost full reverals by next Friday.
This bitch is NEVER going down, hyperinflation is the only exit.
Well done, brave soldier ! Carry on !
Where are the peak oil freaks again?
I'm going to invest in body bags. Something tells me there is about
to be a world-wide shortage.
I with you on that one.
How far can you run into the forest?
Answer:
Only 1/2 way, the other 1/2 you are running out.
The PPT at the Feds trading desk will take the edge off that drop in the last 20 minutes of trade.
It is amazing what can be done when you have a money printer.
Not this time,it's the real thing, the warning was sent out last week. I got the memo and sold,
Should I buy the dipper?
take the money give it to the old lady
let her strut away with it, in heels and a short little skirt
i'll just step back and enjoy the view...
Long live Ron Burgandy- that quote never gets old.
The one and only redeeming thing from that movie.
The street fight was epic, but would have been better with western bankers(western mafia) vs. russian mafia (eastern bankers).
You did not benefit from the nap?
Let us not forget the 'Afternoon Delight' musical interlude.
Or the Yazz Flute.
Relax......This market is STILL MANIPULATED......nothing has changed!! it's all good still.
Kevin Henry might do some O.T.
Nah the tipping point has been reached... they tapered, we got to barely any QE ... and now there will be a stampeed for the door in stocks and HY... watch the rush into bonds after the next 4 or 5% decline in spoos. One last massive bond blow off to come.
Barely any QE unless you count discount window operations, ZIRP, Reverse-Repo, and Belgium.
How big is QE these days? I haven't been paying attention for a few months. ...
When $55 billion a month isn't enough.
REAL FUKKIN SHAME...talk to me when we trade 1500 in SPX
Maybe the DOW has Ebola?
pods
You know that your user name is posted above your comment already, right?
It's his signature.
You know that your asshole is located right above your neckline, right?
Unless my asshole is actually on my neck it wouldn't be right above my neckline, unless per usual your mom was sitting on my face.
Bosch
Come on, you can do better than that. That's like a fifth grade come back. Here try this one:
Your mama is so fat that she dont need the internet she's already world wide
Doc, we got a whole new thread for cutdowns.
For 'Mercans, fuck yeah!
pods
http://www.youtube.com/watch?v=lNLEdgk2PfQ
http://www.youtube.com/watch?v=6ikwrm3uYRk
http://www.youtube.com/watch?v=_JU6WjJ9GXE
ahhh shit. momma jokes. The end must be nigh.
Quus Ant
Mainly because of the Jews, there saved a few dozens ZH commenators the trouble of posting.
Bosch
Well I was going to go with wife instead of mom, but that would indicate probable sex with a real live woman at least once.
Bosch
Careful, that habit will sneak up on ya!
pods
your mom's so fat i sold her three times and still own the bitch
i still havent stopped laughing at this yet...
that there is some funny shit Doc!
Me:
http://static.comicvine.com/uploads/original/11114/111142124/3898460-886...
I thought that one of the various stick saves throughout the day would turn this around....although it looks like the 330 save is pulling out all the guns to recover some losses....it may be fighting a lot more volume than it's used to....
We havent' had a down 2% day in a long long time. Maybe today is the day. If not, well there's always tomorrow and Monday might be a good day for it too.
ponzi, ponzi, ponzi...
no need for Gold and Silver now is there???
i'd love to see those assholes faces over at CNBULLSHIT but my 95 year old mom's got the TV on lock watching fucking Divorce Court...
Sousa, you put a stupid song in my head.
Ponzi, Ponzi, Ponzi, pocket full of reserve notes, Market crashes, We all fall down.
kevin henry must have died, because there is no way this can happen any other way.
i am sure tomorrow, being friday and jobs day, they will fucking pump this thing up and erase most of the losses at least with there bullshit jobs number
They'll add 500 points tomorrow if they have to
Normally I'd agree with you, but something tells me this time it will be different. Oh crap, it's already moving up! Never mind.
you may be onto something there... it went back down in spite of the full force of being posted about on ZH
i wonder how many points barry gets when he makes transfer payments so the fed can relax and focus on the hookers.
& Gold and Silver slaughtered...and OIL 9786 !
Obviously all world and mid East strife solved overnight. Must have missed that headline.
So silver goes from $20.70 down to $20.30, or 2% in the red just like the DOW? Since when are PMs and equities correlated? This is all bullshit and manipulation. At some point something is going to break and we will see a clear divergence. But for now I guess someone needs more Cayman Islands real estate or blow for the aliens that the Royals report to.
But But But... Silver will protect me. How's that working out for you?
BES = Lehman?
Sell!
BUY!
Sell dammit!
No...BUY BUY BUY!
SELL YOU WORTHLESS HFT!!!!
(a convo between Lloyd Buttfuck and his machines)
10,000 points to go. This market will give everything back it picked up in the QE sugar rush. Just like Japan did after every QE program, every time.
"the QE sugar rush" Nice! plus 1000
Now: pancreatitis
Yeah, and that stuff is painful - or so I'm told anyway.
I put my hand upon your hip, when I dip you dip we dip.....
Quick, hammer down gold some more, maybe it'll shake loose some money to dump into the casino
Are you scared yet?
https://www.youtube.com/watch?v=skC8u4Ok0Kg
Reminder:
http://www.zerohedge.com/news/2013-06-20/reminder-market-wide-circuit-br...
Off the lows!
this post bottom-ticked it practically to the second
Not off the lows!
Gold is down $11.
market going up? sell gold
market going down? sell gold
market going sideways? sell gold
Those moving averages don't mean dick
no offense
Coordinated short squeeze setting up, or
Christmas in July! This bitch is finally overdosing!
Nice controlled sell off to lure in some more shorts. Wake me when some real chaos hits.
Yeah...they'll no doubt crush the late shorts tomorrow...
I hope this is MR. MARKET finally clearing his throat to speak.
Is there POMO tomorrow?
Kev! Kev!!!! better late than never Kev!
here it comes roaring back in the last 20 minutes...
from 300 to 267...
yeah, right...someone was waiting just to BTFD...
Would you expect anything less?
not really.
2 minutes to close as I type this....Dow down 300....
Ha!
time to walk down
to the marijuana store
buy some "moose turd skunk"
and start the weekend early...
Thursday is the new Monday
"and we're gonna smoke an ounce to that.....G's up, Ho's down!" Snoop
BINGO!
Gary Oldman...saying it the best
https://www.youtube.com/watch?v=OLmVTr9hq8Q
Aww, it's nothing but a flesh wound! Come back and fight you yellow bellied coward!
Thursday 7/31. A bit sooner than expected. Wonder what tomorrow will be like?
Friday August 1, 2014..........................................
It will rebound 450 points.
ISDA declares no default and the markets go gangbusters.
Off topic:
The new Snorgtees girl has some big fucking hips.
Yeah.....jesus....they can't even get hot babes anymore.....fuck...this IS the end.
Whew ! Covered my Russell short just in time before 3:30, very high-volume 2-min candles followed, probably others covering to end the day, so we may not necessarily have seen the lows. Speaking of volume, despite the mantra of TV pundits today, I’m seeing very respectable volume in many of the typical ETF trading vehicles. Still, I hate to agree with them about the “no panic” tone today, as it seemed a methodical move to the bottom of the daily Keltner on RUT & SPY, past it a bit on DIA, and nowhere near on QQQ. One would think the Q’s breaking a bit more into the start of Aug would confirm a “correction” (e.g., redress a previous error) vs. a single month-end flush, but you know how much the hedgies LOVE their Q’s.
and now a short intermission....
Buy a bunch of booze, get drunk, and laugh at all the assholes making excuses and predictions. A shit-storm is a shit-storm, no matter what your forecasts tell you.
Penalty shot for any mention of the word "Bubble"
Yeah, but I found this hot new stock trading as"ZVV".
Apparently, the company is called "NYSE ARCA test stock", so it must have somethin' to do with leading edge NASCAR, or somethin'.
Anyway, it's up over a 170% this afternoon. It's a sure thing!
Unless I see 1000 dow pts drop per day, 3 days in a row, nothing real has happened
what about 300 per day for 3 weeks...is that priced in?
Not to worry. CNBC says there's lots of money ... "sitting on the sidelines...."
Hee Haw Hee Haw Hee Haw .........
We'll never see -1000 in one day. There are stoppers set in place to prevent that. Even in 2008, we didn't see anything like that.
um yeah we came pretty close. And there were actually more than one occassion. Therre were lots of -770, -870 swings intraday too. The capitulation in March of 2009 had some treacherous days as well. Just saying. I remember yawning on the -450 pt. days after the slew of -700, -800 days. Maybe its my imagination. But as I recall there was for sure at least 1 day where the Dow was down by more than 1,000 intraday.
It's that time again
^^^^He's gonna jump^^^^
But it's the pelvic thrust that really drives you insane...
http://rare.us/story/random-russian-dancer-redefines-what-it-means-to-tw...
The plunge protection team torque converter is starting to spit out gear teeth.
They were busy golfing with Obummer...
Can't buy a Dip without a Dip. BTFD.
VIX finally came up for air.
. . . and a close on the low for the DOW>
in other news:
http://www.bbc.com/news/world-asia-28594693
A series of explosions in the southern Taiwanese city of Kaohsiung has killed at least five people and injured scores of others.
Reports say the blasts were caused by ruptured gas pipelines.
Images and footage from the scene show major fires and significant damage to roads and buildings.
"At least 212 people who were injured have been rushed to hospitals for treatment," the National Fire Agency said.
Chinese news agency Xinhua reported that before the explosion, smoke with a "gas-like smell" came out of drains into the streets.
Slam that bitch down on the close. BOO-YAH! ;-)
Not 1 peep about it from any financial media whore, they're acting like it never happened.
The trigger is, no doubt, Argentina. Even though the default was long in the making, derivatives are yet to unravel. Not much money in global terms, but dominos are still dominos. Something else somewhere else will blow up a week later.
I'm sure the banker are papering it over. A 2% drop would've been a 10% drop otherwise. Tomorrow will probably be a short-squeeze spike. Monday a big slide. Then it's POMO Tuesday, and Wednesday through Friday another sustained slide, until something in Ukraine or Gazaa provides a new distraction.
Really? Someone was ... like ... caught by surprise?
You didn't build that gain
Looks like Kirchner is going to be the center of attention at a bukake and blow wall street party now if this is related to that default.
Been running around today and missed some stuff here so looks like Gartman went long ES right at the open, that about right?
Hmmmm, I can hear Putin now. "Hmmmmm, the US market, how can we help it down 300 again tomorrow commrades? We have 15 and one-half hours"
But Q2 came in at a testicle scorching 4.0% FFS!
Wait I know the economy is soooo hot you gotta wear shades and the Fraud...er Fed will have to jack interest rates to put lock up the liquor cabinet lest the eCONomy overheat from wretched excess.
+1 for "testicle scorching"
I'm getting the feeling it's time to get out. Wait for a bounce or two and that's it. Even if there's some wild upside BS up to 18,000 DOW the risks totally outweigh the rewards. Plus the Fed has been signaling an end to pumping up the market as they have their own balance sheet problems. Could be everyone's entering the CYA zone.
Which means you were dumb enough to stay in this long.
At least you've realized that the "froth" you've been skimming is just you're own aerated spunk from the once-in-a-while "pity" reach-arounds from getting pounded in the butt several times daily on every other fiscal and imonetary front.
LOL, wasn't dumb at all. Did very well riding the train. It's on shaky ground now.
Woohoo! Lets celebrate!
Wait,,,, What?
Which just goes to prove .... stupidity may be endless , but dumb money ain't.
Elsewhere on this forum I previously endorsed Interactive Brokers on the basis of the flexibility provided by their capability to route options orders to the exchange offering the greatest rebate. I now withdraw that endorsement. Today, without any prior notice, Interactive Brokers canceled 10 pending orders to sell out of the money puts. Some of the orders had been pending for several weeks and would have required a significant drop/volatility increase to execute, so I do not know if any of the orders would have executed today (DOW -317, VIX +3.62). After talking to several customer service representatives, I had two conflicting explanations for the order cancellation, but they both centered on a change in policy for which no advance notice was given. Their TWS software no longer provides the option to route to the exchange offering the highest rebate and I am still waiting for an explanation for the change and why no prior notice of the change was provided.
Hmm looks like a head and a left shoulder? what do you think? right shoulder then Boom!