You don't remember the actual movement of those drops Yogi. The Dow could drop 400 to 600 points in a day, yes - But, would recover every penny before the close. The Fed was there in those days...But they lost the handle. Same thing is happening today. Those 600 point sell offs are coming. They started the same way back in 08. Volatility creates the waves that bring down the TITANTIC.
It was funny listening to the squawking heads on CNBS this morning getting all contorted out of shape trying to explain to people they should feel great about the strong economy. They could not understand why El Presidente Zero only had a 24% approval rating during this economic boom.
The S&P is entering dangerous territory as unemployment hits in he 5% range.
There is a chart somewhere that shows when UE is at 9% or above, the S&P goes up an average of 9-16% YOD; 6% and below? 4% YOD.
Goes to show despite what those on the top tell you, employment and jobs is NOT the #1 focus. Employment and rising wages are actually BAD for this ponzi economy; that's how stupid it is.
surrender? looks like a bloodbath developing
Fuck em all!!!!
But, I thought that The Fed had my back??................................
Let this be the beginning of the end. I have had enough of their shannigans.
I have no more horses in this race. I hate what the markets have become. Hate is too powerful of an emotion to trade upon.
Surrender? Did we surrender when the Germans bombed pearl harbor? NOOO!
Exactly! Pancho Villa learned his lesson at Pearl Harbor for sure!!!!!
All one needs to do is wait for the ZH post before BTFDing
Funny, Nasdq, SP and dow all stair stepping in unison.
http://finance.yahoo.com/
Removal from Office, dead ahead.
Did you mean to say "Removal from Office dead... Ahead"?
I keep thinking somewhere on something like a virgina class someone has a itchy finger. Just call me a old sentimental
This drop is nothing. In the old days you used to get a drop that was twice as large.
Sure, but pneumatic tool catalogs will be arriving at the fed shortly, just as a hint.
You don't remember the actual movement of those drops Yogi. The Dow could drop 400 to 600 points in a day, yes - But, would recover every penny before the close. The Fed was there in those days...But they lost the handle. Same thing is happening today. Those 600 point sell offs are coming. They started the same way back in 08. Volatility creates the waves that bring down the TITANTIC.
Be patient ...
CNBC still cheer leading what a good figure it was
Just let Yellen say something about untapper or QE4 and this market will rocket...
Bless my shorts...
completely "unexpected", how can all these smart people miss this...
/s
I hope my investment in TeslaCoin is unaffected by this news.
Standby for evisceration muppets!
It was funny listening to the squawking heads on CNBS this morning getting all contorted out of shape trying to explain to people they should feel great about the strong economy. They could not understand why El Presidente Zero only had a 24% approval rating during this economic boom.
Earnings from payrolls by laying of hundreds of thousand workers!
Forward murika!
The S&P is entering dangerous territory as unemployment hits in he 5% range.
There is a chart somewhere that shows when UE is at 9% or above, the S&P goes up an average of 9-16% YOD; 6% and below? 4% YOD.
Goes to show despite what those on the top tell you, employment and jobs is NOT the #1 focus. Employment and rising wages are actually BAD for this ponzi economy; that's how stupid it is.