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Stocks Slide So Something Breaks

Tyler Durden's picture




 

The rigged USDJPY clockwork has metastasized to the entire SYNK & Poor's 500, where if there is a selloff, something must immediately break to halt the downward momentum.

Today's case in point comes courtesy of the CBOE and the CBOE Futures Exchange where moments ago, we got the now daily red light which now accompanies every single sell off.

 

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Tue, 10/14/2014 - 15:41 | 5330241 TruthInSunshine
TruthInSunshine's picture

K-Hen fell asleep @ the switch.

Someone get that poor bastard a NoDoz.

Tue, 10/14/2014 - 15:42 | 5330253 PartysOver
PartysOver's picture

Nothing new.  Nothing to see.  Move along citizen.

Tue, 10/14/2014 - 15:44 | 5330266 Deathrips
Deathrips's picture

This is how free markets work....see when theres no bid....the fed bids.

 

Got it? /s/

 

RIPS

Tue, 10/14/2014 - 15:52 | 5330327 X.inf.capt
X.inf.capt's picture

cashin said...500 milion to sell at the close....

10 year=2.19%

9 minutes left...

 

Tue, 10/14/2014 - 15:54 | 5330352 TruthInSunshine
TruthInSunshine's picture

I remember when a 12 MONTH yielded more than 5%.

RECOVERY STRONG, BITCHEZ.

Tue, 10/14/2014 - 15:59 | 5330379 JohnnyBriefcase
JohnnyBriefcase's picture

Does it ever break when going up?

Tue, 10/14/2014 - 15:59 | 5330387 nink
nink's picture

Someone give it a Viagara we need to get it up so close

Tue, 10/14/2014 - 16:06 | 5330424 X.inf.capt
X.inf.capt's picture

ill bet MAALOX sales are up around wall street

and the FED...

Tue, 10/14/2014 - 15:56 | 5330355 TeamDepends
TeamDepends's picture

Hey everyone who participated in our stocks finishing red/green poll this morning, it is not too late to change your vote.

Tue, 10/14/2014 - 15:46 | 5330276 TruthInSunshine
TruthInSunshine's picture

I like the added "citizen" that many are using lately.

It keeps it real in Dystopiastan, yo.

Tue, 10/14/2014 - 15:53 | 5330349 Greenskeeper_Carl
Greenskeeper_Carl's picture

"sounds like you've had a little too much to think today, citizen"

Tue, 10/14/2014 - 15:50 | 5330319 stocktivity
stocktivity's picture

It's 3:50 pm. Up 13. PPT will be buying into the close. Must show green today.

Tue, 10/14/2014 - 17:54 | 5330995 cnmcdee
cnmcdee's picture

I get too distracted by the ad with the girl and the pill on her tongue....

Tue, 10/14/2014 - 15:43 | 5330258 Winston Churchill
Winston Churchill's picture

They have a "dead mans lever" for that.

Tue, 10/14/2014 - 15:40 | 5330242 cossack55
cossack55's picture

Something broke a very long time ago.

Tue, 10/14/2014 - 16:00 | 5330392 Dr. Engali
Dr. Engali's picture

Yeah, about 101 years ago.

Tue, 10/14/2014 - 15:41 | 5330243 stant
stant's picture

Up now jinxed it

Tue, 10/14/2014 - 15:43 | 5330257 Kreditanstalt
Kreditanstalt's picture

Casino cashier's window problem...

Tue, 10/14/2014 - 15:43 | 5330261 IridiumRebel
IridiumRebel's picture

Do they accept Yuan?

Tue, 10/14/2014 - 15:45 | 5330274 Peter Pan
Peter Pan's picture

Pretty soon they will be begging for roubles.

Tue, 10/14/2014 - 15:50 | 5330316 Bunga Bunga
Bunga Bunga's picture

Better get Bitcoins before you have to beg for Roubles.

Tue, 10/14/2014 - 15:45 | 5330275 saints51
saints51's picture

Went to cnbc website and the front page was why not dump beaten up stocks(specifically airlines)...lol

Sorry was bored and wanted financial entertainment. I should be punished for even the thought of that website.

Tue, 10/14/2014 - 15:46 | 5330279 Jack Sheet
Jack Sheet's picture

Shit on toast.

Tue, 10/14/2014 - 15:45 | 5330280 kaa1016
kaa1016's picture

USD/JPY is the key to whether or not this market holds. The 50 DMA is 106.787 and that is the level to watch and given the fact that every other major indicie has broken, I expect USD/JPY to take the S&P 500 even lower. Put on your seatbelts because the next 2 weeks are going to be even more insane than the last 2.

Tue, 10/14/2014 - 15:46 | 5330287 Tinky
Tinky's picture

"Was that the rumble of distant thunder?", he enquired, just prior to being engulfed by the avalanche.

Tue, 10/14/2014 - 16:47 | 5330662 swass
swass's picture

Either that or it was a nice, sunny, blue-sky day with drones dropping bombs near-by.

Tue, 10/14/2014 - 15:47 | 5330289 Kreditanstalt
Kreditanstalt's picture

Up and down, up and down, up and down we GO!!!!!  Teletubbies!!!

Tue, 10/14/2014 - 16:52 | 5330298 swass
swass's picture

Nothing says buy the market or instills confidence like seeing the market break over and over on a decline.

Tue, 10/14/2014 - 15:50 | 5330313 eyesofpelosi
eyesofpelosi's picture

Again...this is my surprised look...

Tue, 10/14/2014 - 15:53 | 5330333 Dungholio
Dungholio's picture

The desperation to maintain green today in these final minutes is entertaining... And stupid...

Tue, 10/14/2014 - 15:56 | 5330360 Goldilocks
Goldilocks's picture

Goo Goo Dolls - Slide [Official Music Video]
http://www.youtube.com/watch?v=yP4qdefD2To (3:33)

Tue, 10/14/2014 - 15:57 | 5330362 Dungholio
Dungholio's picture

Less than 5 minutes to put a fork in this pig

Tue, 10/14/2014 - 15:59 | 5330383 Keltner Channel Surf
Keltner Channel Surf's picture

Like when my little brother was losing at checkers at age 4, he'd "accidentally" send the entire board flying across the room . . .

Tue, 10/14/2014 - 16:00 | 5330385 css1971
css1971's picture

Anyone done a statistical analysis of breaks when going up vs breaks when going down?

 

Statistically, if there is no correlation or causation[1] it should be equally likely.

 

 

[1] e.g. Someone screaming TURN THOSE MACHINES OFF down a phone line.

Tue, 10/14/2014 - 16:04 | 5330416 medium giraffe
medium giraffe's picture

was just googling for something similar - number of halts by year.  be interested if anyone knows a good place for these stats (no, i really don't want to try and wrestle my way through cboe's godawful website).

Tue, 10/14/2014 - 16:00 | 5330386 rejected
rejected's picture

Those magnificent men in their flying machines,
they go up tiddly up up,
they go down tiddly down down.

They enchant all the ladies and steal all the scenes,
with their up tiddly up up
and their down tiddly down down.

Up, down, flying around,
looping the loop and defying the ground.

They're all frightfully keen,
those magnificent men in their flying machines.

They can fly upside with their feet in the air,
They don’t think of danger, they really don’t care.
Newton would think he had made a mistake,
To see those young men and the chances they take.

Those magnificent men in their flying machines,
they go up tiddly up up,
they go down tiddly down down.

They enchant all the ladies and steal all the scenes,
with their up tiddly up up
and their down tiddly down down.

Up, down, flying around,
looping the loop and defying the ground.

They're all frightfully keen,
those magnificent men in their flying machines.

Tue, 10/14/2014 - 16:02 | 5330399 Bell's 2 hearted
Bell's 2 hearted's picture

King Dollar snickering at FOMC

Tue, 10/14/2014 - 16:07 | 5330434 the not so migh...
the not so mighty maximiza's picture

you can never sell!!!!!!!!!  (evil laugh, hahahahahahahahaahah)

Tue, 10/14/2014 - 17:52 | 5330985 cnmcdee
cnmcdee's picture

Welcome to the Hotel California....

Such a lovely day...

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