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Dow Drops 1500 Points In 3 Weeks, Nasdaq Enters 'Correction' As VIX Breaks 30

Tyler Durden's picture




 

From 17,350 intraday highs "proving the recovery is here," we are 1500 points down just 3 weeks later. The Nasdaq just fell 10.5% from its highs, officially in correction. VIX broke above 30. Perhaps, just perhaps, the gap to fundamentals is finally about to be filled...

 

Dow ugly...

 

Nasdaq in correction...

 

VIX breaks above 30..

 

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Wed, 10/15/2014 - 13:31 | 5335282 Squid Viscous
Squid Viscous's picture

biblical, bitches!

Wed, 10/15/2014 - 13:33 | 5335302 X.inf.capt
X.inf.capt's picture

BLOODBATH, BITCHEZ!

on a texas chainsaw massacre level...

and wait till the last of trading..

Wed, 10/15/2014 - 13:35 | 5335324 Keyser
Keyser's picture

I love it as there is $$$ to be made...

Wed, 10/15/2014 - 13:36 | 5335340 Dostojevskij
Dostojevskij's picture

what difference does it make?

Wed, 10/15/2014 - 13:38 | 5335357 erg
erg's picture

Dugly..

Wed, 10/15/2014 - 13:43 | 5335418 I am more equal...
I am more equal than others's picture

 

 

May I have some more?

 

Wed, 10/15/2014 - 13:55 | 5335534 LawsofPhysics
LawsofPhysics's picture

Watch out, Kevin is back from lunch.  Paper gold going back down, time to rally...

Wed, 10/15/2014 - 14:07 | 5335638 TheAnalOG
TheAnalOG's picture

Is shit finally getting real?  Or temporary compression of fantasy/reality?

Wed, 10/15/2014 - 14:27 | 5335823 aPlayer
aPlayer's picture

Who could have seen this coming?

Wed, 10/15/2014 - 15:57 | 5336648 BTFDemocracy
BTFDemocracy's picture

ZH'ers feeling good. Finally, after years of talk it's show time.

Wed, 10/15/2014 - 16:50 | 5337082 ersatz007
ersatz007's picture

used to use an API 2500 to compress...now I just use the plug

Wed, 10/15/2014 - 14:48 | 5335720 ACP
ACP's picture

I bet it ends up unchanged for the day, just for shits and giggles.

You can already see the Fed has hit the panic button and is banging up this market hard.

You can even see the Fed's hand with the volume spikes at 2:01, 2:07 and 2:15. Bang that shit up, Kevin!

Now 2:22, 2:28, 2:35, 2:44. Keep hittin' it Kevin!

Wed, 10/15/2014 - 15:38 | 5336509 FL_Conservative
FL_Conservative's picture

Like a screen door in a hurricane.

Wed, 10/15/2014 - 13:48 | 5335472 Took Red Pill
Took Red Pill's picture

It is October!

Wed, 10/15/2014 - 13:49 | 5335483 Chupacabra-322
Chupacabra-322's picture

URGENT: Pass along.

Decontamination procedures.

http://www.fao.org/docrep/004/...

Wed, 10/15/2014 - 14:12 | 5335673 DirkDiggler11
DirkDiggler11's picture

It's October, and that fund manager that dumped $750MM in equities during the final hour of trading on Monday is sure as hell sleeping better tonight ...

Wed, 10/15/2014 - 13:50 | 5335473 Took Red Pill
Took Red Pill's picture

duplicate

Wed, 10/15/2014 - 13:37 | 5335362 El Vaquero
El Vaquero's picture

Because it needs to be posted in every one of these threads:

 

https://www.youtube.com/watch?v=AX-mX34I7pg

Wed, 10/15/2014 - 13:38 | 5335356 LawsofPhysics
LawsofPhysics's picture

yes, fuck the VIX, FAZ me, FAZ me all night long...

Wed, 10/15/2014 - 13:43 | 5335410 saints51
saints51's picture

As much as I want to embrace this sell off, my mind keeps saying watch for the ramp.

Wed, 10/15/2014 - 13:47 | 5335460 SAT 800
SAT 800's picture

You watch for the ramp; I'll watch our 6; and I get the PKM, okay ?

Wed, 10/15/2014 - 13:53 | 5335517 saints51
saints51's picture

Gotcha. I guess some people do not like me mentioning ramp. Guess it rains on their parade. But it is the truth. Assholes been doing this for years. Hell when a hedge fund is named 3:30 ramp capital, the game played is known to everyone as BTFD.

Wed, 10/15/2014 - 14:06 | 5335625 Keltner Channel Surf
Keltner Channel Surf's picture

FAZ me, make me feel better;   FAZ me, put on your black leather . . .

 

Wed, 10/15/2014 - 13:39 | 5335378 pods
pods's picture

With this much red pouring out I think the markets should be quarantined for 21 days or so.

pods

Wed, 10/15/2014 - 13:32 | 5335305 joego1
joego1's picture

mother mary!

Wed, 10/15/2014 - 13:34 | 5335318 X.inf.capt
X.inf.capt's picture

full of grace...

help me win this stock car race 

Wed, 10/15/2014 - 14:01 | 5335542 Conax
Conax's picture

 

 

I don't care if it rains and freezes

long as I got a plastic Jesus

ridin on the dashboard of my car.

Comes in colors, pink and pleasant

glows in the dark cuz it's irridescent

take it with you when you travel far.

 

Get yourself a Sweet Madonna

dressed in rhinestones sittin onna

pedestal, of abalone shell

Goin 90 but I ain't scary

cuz I got the Virgin Mary assurin me

that I won't go to hell.

https://www.youtube.com/watch?v=dG9tuuznL1Y

Wed, 10/15/2014 - 15:45 | 5336558 dontgoforit
dontgoforit's picture

Cool Hand Conax

Wed, 10/15/2014 - 15:49 | 5336595 Conax
Conax's picture

sometimes nothin' is a real cool hand.

Wed, 10/15/2014 - 13:44 | 5335347 ZH Snob
ZH Snob's picture

can't wait for the margin calls later today...

Wed, 10/15/2014 - 13:59 | 5335554 Pairadimes
Pairadimes's picture

Sure hope someone is charging the paddles for all the muppets getting run over today.

Wed, 10/15/2014 - 14:16 | 5335707 RiverRoad
RiverRoad's picture

 

 

Lotsa fat fingers out there today.

Wed, 10/15/2014 - 14:36 | 5335931 Jim in MN
Jim in MN's picture

Sample headline for others' use:

 

FROM BTFD TO GTFO

 

Enjoy

Wed, 10/15/2014 - 13:31 | 5335287 Honey Badger
Honey Badger's picture

We are closer to the beginning of this than the end of it.

Wed, 10/15/2014 - 13:45 | 5335422 Bangalore Equit...
Bangalore Equity Trader's picture

Listen Badger.

All part of the show. "Look everyone, it really is a "REAL" market. Now everyone jump in and trade it".

Yea Ok. Yawn.

Wed, 10/15/2014 - 13:31 | 5335291 IrritableBowels
IrritableBowels's picture

TVIX!

Wed, 10/15/2014 - 13:38 | 5335365 Frank N. Beans
Frank N. Beans's picture

'bout time

Wed, 10/15/2014 - 13:32 | 5335295 LawsofPhysics
LawsofPhysics's picture

Still "overbought", credit tells me so.

Wed, 10/15/2014 - 13:31 | 5335296 SAT 800
SAT 800's picture

Whoa; the S&P is falling vertically making new lows for the day; ugly shit there.

Wed, 10/15/2014 - 13:36 | 5335345 Keyser
Keyser's picture

I'm loving it as I'm long vxx... Been as interesting few days to say the least... 

Wed, 10/15/2014 - 13:46 | 5335448 SAT 800
SAT 800's picture

I's an ill wind indeed, that blows no man some good. Get it while the gettins good.

Wed, 10/15/2014 - 14:16 | 5335711 Greenskeeper_Carl
Greenskeeper_Carl's picture

Long SPXS. Got in at 27, a little early, rode it down to mid 24, but I'm sitting pretty now. Still scared of a nice Friday ramp though

Wed, 10/15/2014 - 13:32 | 5335297 Seasmoke
Seasmoke's picture

And just think, EKM needs to see that in 3 straight days to be convinced !!

Wed, 10/15/2014 - 13:32 | 5335298 NoDebt
NoDebt's picture

So other than this, and Ebola, and the war we're losing against ISIS in the middle east, how did you like the play, Mrs. Lincoln?

Wed, 10/15/2014 - 13:51 | 5335497 SAT 800
SAT 800's picture

Cut that out ! it only hurts when I laugh.

Wed, 10/15/2014 - 13:32 | 5335299 Mitch Comestein
Mitch Comestein's picture

Que the DEER bitches!

Wed, 10/15/2014 - 13:38 | 5335317 Squid Viscous
Squid Viscous's picture

in a pinch just conjecture Moo Herrera's fat face, as the dow plunged another 50 pts while she was blabbering

Wed, 10/15/2014 - 13:33 | 5335304 JenkinsLane
JenkinsLane's picture

Where's Johnny?

Wed, 10/15/2014 - 13:33 | 5335307 The Duke of New...
The Duke of New York A No.1's picture

Quick!, someone call Bernanke!, he'll know what to do!!!!!!!!!!!!!!!!

Wed, 10/15/2014 - 13:34 | 5335313 Jason T
Jason T's picture

bonds are in that pull before the tidal wave comes... the blow off top.

bought some DIA calls.. bouce now bitch  : /

Wed, 10/15/2014 - 13:33 | 5335315 Seasmoke
Seasmoke's picture

Any chance my dream comes true  that BOA, Wells and Citi all go bankrupt ??

Wed, 10/15/2014 - 13:38 | 5335361 benb
benb's picture

No chance. They print their own money as well as launder heroin and cocaine proceeds.

Wed, 10/15/2014 - 13:49 | 5335480 Dr. Engali
Dr. Engali's picture

Two words... Derivatives..... okay that's one word but it's a really BIG word.

Wed, 10/15/2014 - 13:52 | 5335514 forwardho
forwardho's picture

Don't forget the Hookers.

Wed, 10/15/2014 - 19:42 | 5338065 benb
benb's picture

How could I forget?

Wed, 10/15/2014 - 13:36 | 5335338 Charles The Ham...
Charles The Hammer Martel's picture

Quick, its been a while, does anyone know how to play these TVIX VIXY ETNs?

Wed, 10/15/2014 - 13:35 | 5335341 EHM
EHM's picture

I am Jacks smirking revenge

Wed, 10/15/2014 - 13:35 | 5335344 F.A. Hayek
F.A. Hayek's picture

So I guess now we know. Queue the falsified bls statistics!

Wed, 10/15/2014 - 13:36 | 5335349 H H Henry P P P...
H H Henry P P P Paulson's picture

HELP, YELLEN

Wed, 10/15/2014 - 13:37 | 5335353 antidisestablis...
antidisestablishmentarianismishness's picture

And still it is easy to sell.  Where are the predicted clogged exits?

Wed, 10/15/2014 - 13:39 | 5335385 RockyRacoon
RockyRacoon's picture

They're just milling around the exits; the building isn't on fire yet... just smokin'.

Hang on and watch.

Wed, 10/15/2014 - 13:51 | 5335501 forwardho
forwardho's picture

Remember the old adage for every seller there is a buyer.

A whole bunch of folks are holding shorts they have to cover.

The 3:00 margin calls will be epic!

OH! THE HUMANITY!

Wed, 10/15/2014 - 13:37 | 5335354 thismarketisrigged
thismarketisrigged's picture

I LOVE HOW THE MSM PRETENDS ITS DUE TO ISIS ( WHICH HAS BEEN GOING ON FOR MONTHS) SLOWDOWN IN EUROPE ( HAS BEEN IN DEPRESSION FOR YEARS) SLOWDOWN IN ASIA ( SEE EUROPE)  YET THE ONE FUCKING REASON THESE FUCKS FORGET TO MENTION AS TO WHY THE ''MARKETS'' R TANKING IS BECAUSE THE FUCKING FED, WHICH HAS CONTROLLED THE ''MARKETS'' 100 PERCENT SINCE THE CRISIS IN 08-09 IS FINALLY TAKING AWAY QE, FOR NOW AT LEAST.

 

SUCK IT U FUCKING BANKERS, DIE DIE DIE

Wed, 10/15/2014 - 13:51 | 5335419 Squid Viscous
Squid Viscous's picture

yeah that little earring wearing fuck Zack Karabell was just on CNBS "So, like, everyone knew about all this stuff weeks ago, so, I don't really...like, get it, so, umm... it's like some weird market stuff "

maybe the most bullish asshole ever to appear on CNBs? 

Wed, 10/15/2014 - 13:38 | 5335364 NMFP
NMFP's picture

Drinking Guinness ordered a curry watching CNBC what a Wednesday!

Wed, 10/15/2014 - 13:40 | 5335384 pot_and_kettle
pot_and_kettle's picture

 

 

I'll wait until 3:30ish for confirmation lol

 

If Fed can't save it, this market will be up to its ears in its own ass.

Wed, 10/15/2014 - 13:38 | 5335370 Roger Shermanator
Roger Shermanator's picture

Fundamentals?

Wed, 10/15/2014 - 13:47 | 5335454 forwardho
forwardho's picture

fundi-what?

Wed, 10/15/2014 - 13:38 | 5335372 ghostzapper
ghostzapper's picture

1833 hit and broken.  1824-33 possible spot for a sharp reversal.  i'm out fwiw.  not prediciting just saying but this looks different here from the last few years so truth be told who fuckin' knows!!!  i'm out for the time being.

Wed, 10/15/2014 - 13:38 | 5335376 pot_and_kettle
pot_and_kettle's picture

moved

Wed, 10/15/2014 - 13:38 | 5335380 Raoul_Luke
Raoul_Luke's picture

Where is the President's economic team?  Does he even still have one?  If he does they are probably occupied running pay inequality regressions...

Wed, 10/15/2014 - 13:40 | 5335392 the grateful un...
the grateful unemployed's picture

or working on a national plan to give fast food workers a living wage.

Wed, 10/15/2014 - 13:46 | 5335438 forwardho
forwardho's picture

Or working on a national plan to give workers food fast so they may go on living.

 

Wed, 10/15/2014 - 13:49 | 5335478 the grateful un...
the grateful unemployed's picture

hmm nationalize mickey d and turn it into a chain of soup kitchens?

Wed, 10/15/2014 - 13:49 | 5335479 the grateful un...
the grateful unemployed's picture

hmm nationalize mickey d and turn it into a chain of soup kitchens?

Wed, 10/15/2014 - 14:00 | 5335568 Sages wife
Sages wife's picture

Or chatting up the beer-cart girl.

Wed, 10/15/2014 - 13:41 | 5335402 F.A. Hayek
F.A. Hayek's picture

The czars are on a retreat in Aspen. Isn't about time to start planning the annual trip to Hawaii?

Wed, 10/15/2014 - 13:39 | 5335387 medium giraffe
medium giraffe's picture

It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium.

Wed, 10/15/2014 - 14:00 | 5335580 Sages wife
Sages wife's picture

Amen.

Wed, 10/15/2014 - 13:41 | 5335393 starman
starman's picture

Happy fucking Halloween! 

Wed, 10/15/2014 - 13:44 | 5335401 JustObserving
JustObserving's picture

Always knew Obama was a winner. Every Chicago politician is.

Wed, 10/15/2014 - 13:42 | 5335414 yrad
yrad's picture

DEER DEER DEER!

Wed, 10/15/2014 - 13:45 | 5335423 NOZZLE
NOZZLE's picture

As someone said two weeks ago, THE AMITYVILLE HAUNTED HOUSE IS SCREAMING, GET OUT!

Wed, 10/15/2014 - 13:45 | 5335425 Dr. Engali
Dr. Engali's picture

It's curious how silent the fed heads are right now.

Wed, 10/15/2014 - 13:50 | 5335489 Bell's 2 hearted
Bell's 2 hearted's picture

they tried

 

they failed

Wed, 10/15/2014 - 14:02 | 5335600 ghostzapper
ghostzapper's picture

next QE or whatever scam it is might be different.  i've been feeling the same curiosity.  normally at least jawboning by now.  Behold the Great Reset?

Wed, 10/15/2014 - 13:46 | 5335428 Bell's 2 hearted
Bell's 2 hearted's picture

WWSD

 

What Would Scotty Do

 

"Cap'n, ... i'm going for the scotch"

Wed, 10/15/2014 - 13:46 | 5335446 Bell's 2 hearted
Bell's 2 hearted's picture

I love the smell of Marketwatch crashing in the afternoon

Wed, 10/15/2014 - 14:25 | 5335803 bid the soldier...
bid the soldiers shoot's picture

Hey, I love the smell of margin calls in the morning.

Wed, 10/15/2014 - 14:45 | 5336030 Esculent 69
Esculent 69's picture

Do margin calls smell like sweat, fear, shame and piss?  That's about what it smells like to me.

Wait shame?  What am I thinking? These people have no shame.  It must be COOOCAAAAINE!

https://www.youtube.com/watch?v=dbJABjVH-0k

Wed, 10/15/2014 - 15:55 | 5336642 bid the soldier...
bid the soldiers shoot's picture
Well, you've been hanging out with the wrong kind of margin calls. Mine smell like a $2500 hooker scented lightly with Clive Christian perfume. Naturally, I love their smell in the morning.
Wed, 10/15/2014 - 13:47 | 5335449 vegas
vegas's picture

With each new case of ebola in the US, you can expect the plunge to continue.

 

www.traderzoo.mobi

Wed, 10/15/2014 - 13:48 | 5335455 the grateful un...
the grateful unemployed's picture

in 2008 i was shocked to see how soon they intervened. in my view the markets were not in trouble, but of course a few banks and AIG were about ready to snap (or so the story goes?) the new normal is to implement emergency  measures sooner rather than later. so right now they're probably trying to figure out something that will allow them to do that. bad news always comes out of friday after the close, but the fix is put in before the markets open on monday. so we drop to 15K maybe, after the close some rumors about bank solvency and stress tests, the fix is in by monday morning, the various parties given new monopoly money, and the market gets back to 16 by the middle of the week, rinse and repeat.

Wed, 10/15/2014 - 13:50 | 5335486 madcows
madcows's picture

qe 4 next week, williams has already primed that pump.

Wed, 10/15/2014 - 13:52 | 5335513 Bell's 2 hearted
Bell's 2 hearted's picture

nope. won't happen

 

and even if they could ... they wouldn't.  Too close to election and any move would be seen as political.

Wed, 10/15/2014 - 13:48 | 5335462 Bell's 2 hearted
Bell's 2 hearted's picture

for some reason there is trench warfare going on at the mendoza line for 10yr

 

Fix bayonents!

Wed, 10/15/2014 - 13:48 | 5335470 madcows
madcows's picture

Hold on Hold on.  It's not 3:30 yet.

Wed, 10/15/2014 - 13:49 | 5335487 kchrisc
kchrisc's picture

Just the banksters and their buddies getting out first.

About the same thing happened in 1929.

An American, not US subject.

 

"Long guillotines.

Wed, 10/15/2014 - 13:50 | 5335496 JuliaS
JuliaS's picture

Seeing DJIA plunge along with oil while gold is soaring... it brings a tear to my eye. Been waiting for 6 long years for this!

Wed, 10/15/2014 - 13:53 | 5335512 TideFighter
TideFighter's picture

That last bounce only 55 on volume, this shit is getting realz. 

Wed, 10/15/2014 - 13:56 | 5335531 One And Only
One And Only's picture

Coming across my terminial

BREAKING# WARREN BUFFET HAS DIED

Wed, 10/15/2014 - 14:05 | 5335615 oddjob
oddjob's picture

400 point drop and that......xmas come early this year.

Wed, 10/15/2014 - 14:00 | 5335562 Esculent 69
Esculent 69's picture

It only becomes serious when bankers and traders start jumping.

Jump muthafuckas jump. 

I dare you.  

Do it!

Wed, 10/15/2014 - 14:19 | 5335723 Esculent 69
Esculent 69's picture

Heard a great joke this week and it kinda reminded me of the "market" , the fed and wall steet. 

Cabbie picks up a nun who's heading uptown to see a sick friend. She can't help notice the cab driver constantly staring at her in the mirror.  She asks the man, "my child is there something the matter?"

As the cabbie stops at a light he says to the nun, "i want to tell you but i'm afraid i'll offend you."

The nun replies, "my child I have seen and heard many things in my life.  I do not think you could say anything that would bother my sensibilities."

The cabbie says, "well it's always been my fantasy to kiss a nun."

She said, "thats not that bad but i require two things.  You have to be unmarried and catholic."

Cabbie says, "not only am i unmarried but i'm also catholic."

The nun says, "fine.  pull in this alley and I'll give you a kiss."

The nun gives the guy a kiss that would make a prostitute blush and had him almost dazed.  Suddenly the drivers joy turns to sadness and he begins to cry.

"I there something wrong child?", says the nun.

The cabbie says, "sister i have a confession to make.  I'm not single, I'm married.  Not only that i'm not catholic, I'm jewish."

The nun smiles and says, "that's ok my child.  I'm not a real nun and my name is Kevin.  I'm on my way to a costume party."

Two groups pretending to be something that turn out to be the opposite of what you thought thet were. 

Wed, 10/15/2014 - 15:50 | 5336593 madcows
madcows's picture

His name was Janet Yellin/BenBernanke/Kevin Henry.

Wed, 10/15/2014 - 14:04 | 5335584 SillySalesmanQu...
SillySalesmanQuestion's picture

"But...but we(the crooked markets) don't deserve to die like this."

"Deserves got nothing to do with it..."

Wed, 10/15/2014 - 14:01 | 5335588 scotsailor
scotsailor's picture

Is this where the whole macroprudential thing kicks in?

Wed, 10/15/2014 - 14:22 | 5335763 agstacks
agstacks's picture

well played. +1

 

Wed, 10/15/2014 - 14:02 | 5335593 Ricky Roma
Ricky Roma's picture
 

Dont let Wadell and Reed trade today. 1 contract might drop the market

Wed, 10/15/2014 - 14:05 | 5335621 Meremortal
Meremortal's picture

 

After 7 years of waiting, hyperinflation any minute  now!!!

 

 

Wed, 10/15/2014 - 14:06 | 5335629 alexcojones
alexcojones's picture

Stocks down 300 points, silver up a nickel.

Sounds about right in a Bizarro world,

Wed, 10/15/2014 - 14:11 | 5335674 joego1
joego1's picture

I want to see the banker cams at the derivative trading desks around the world.

Wed, 10/15/2014 - 14:14 | 5335699 jacship
jacship's picture

Bring Gasoline down to 1 USD

That and only that

will bring the Field of Dreams

Wed, 10/15/2014 - 14:17 | 5335712 Ness.
Ness.'s picture

Dow closes above 16K and the bobbleheads on CNBS consider it a success.  Almost there now.  Here comes K-Hen.

Wed, 10/15/2014 - 14:17 | 5335721 chomu
chomu's picture

Sell SPY puts/ Buy VXX puts. Go on a nice vacation in a few months.

Wed, 10/15/2014 - 14:19 | 5335743 altheatoldme
altheatoldme's picture

The strange irony is that if the market totaly disintegrates, wont this website go extinct?

Wed, 10/15/2014 - 18:24 | 5337683 ClowardPiven2016
ClowardPiven2016's picture

No...because the lies and manipulation will continue. But it might go away when the Feds start censoring anyone who doesn't follow their phony narrative.

Wed, 10/15/2014 - 14:28 | 5335837 huggy_in_london
huggy_in_london's picture

CNBC trying to claim jim cramer called the sell off.   hahahahahaha PLEASE!  No he didn't.  He did nothing of the sort!

Wed, 10/15/2014 - 14:29 | 5335840 bid the soldier...
bid the soldiers shoot's picture

Hey, guys.  Not to worry.

It's a 'controlled burn'.  Stay put.

Don't try to time the market.

Uncle Lloyd is going to bring this baby down on a pillow.

Wed, 10/15/2014 - 14:31 | 5335869 thismarketisrigged
thismarketisrigged's picture

OMGD, I JUST FUCKING FELL OFF MY CHAIR FROM LAUGHTER.

 

ON CNBC, THEY LEAD INTO A SEGMENT SAYING '' WELL WITH TODAYS SELL OFF ON WALL ST, WHO BETTER TO HAVE ON FOR ADVICE OTHER THAN JIM CRAMER.

 

MADE MY FUCKING DAY

Wed, 10/15/2014 - 14:39 | 5335974 exartizo
exartizo's picture

trying not to state the obvious but: the rigged market is a drug addict hooker hooked on free/cheap money.

NOTHING has changed.

DOW 13450 before Yellen Capitulation takes place.

Wed, 10/15/2014 - 15:19 | 5336317 amacintn
amacintn's picture

gold up 5....?...really?

Wed, 10/15/2014 - 15:27 | 5336415 madcows
madcows's picture

Just hopped in the car to get gas.  bloomberg radio was on.  two f-ing bimbo nitwits were discussing how the recent plunge in stocks was because of ebola.  no lie.  bloomberg is now on par with cnbc. 1500 points over the last two weeks DUE TO EBOLA, which was just finally confirmed in TWO americans.  Nope, nope.  nothing to do with fundamentals being absolute shit, or europe in a recession, or china imploding.  nope.  ebola.

Wed, 10/15/2014 - 15:38 | 5336502 amacintn
amacintn's picture

ya know it's funny...i've been reading this site for several years now and really haven't bothered to post until now...thought I'd share my findings.....I've never seen a more negative, non-wishful thinking group of traders/investors who have been completely wrong on the direction and duration of large macro events....it's truly amazing how wrong so many have been on zh.....if I had put 100k into fading the sentiment of this site, I'm sure I'd have a substantial multiple of that 100k...it's almost like as much as everyone who posts on zh kicks Gartman around (who deserves it admitedly since he speaks in such "certainties") is almost as bad or perhaps worse as their own calls for crash this, dump time that etc...have habitually been wrong!......

Wed, 10/15/2014 - 18:34 | 5337727 ClowardPiven2016
ClowardPiven2016's picture

If you jump out a 100 story building, just because you have only fallen 75 floors and haven't splattered on the pavement doesn't mean everything is fine. So keep believing, but don't act surprised when you hit the cement.

Wed, 10/15/2014 - 16:13 | 5336784 Ewtman
Ewtman's picture
"Dow Drops 1500 Points In 3 Weeks, Nasdaq Enters 'Correction' As VIX Breaks 30"

As expected:

http://www.globaldeflationnews.com/dow-jones-industrial-average-plunges-...

 

And tracked here:

http://www.globaldeflationnews.com/dow-jones-industrial-averageelliott-w...

Do NOT follow this link or you will be banned from the site!