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Market Breaks As Stocks Explode Higher On Algo-Triggering Headline

Tyler Durden's picture




 

CBOE: AS OF 13:07ET OPRA NOT DISSEMINATION QUOTES,LAST SALES

 

This was right as the Nikkei headlines hit and e-mini volume exploded.

And here is the NYSE confirming that stocks are now soaring higher on "critical Issue", aka broken market:

Confused what this means: simply said, virtually all quotes, and certainly options, are stale and unreliable, even as dark pools, internalizers and other ATS are filing orders based on 1 hour old data.

In short: a total mess.


Visualizing some of the berserk trades during the outage courtesy of Nanex:

 

What a total farce!

 

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Thu, 10/30/2014 - 13:49 | 5394654 LawsofPhysics
LawsofPhysics's picture

Fuckers (central bankers) front-ran themselves a bit too much again.  I am sure that the SEC will get right on it...

 

 

Thu, 10/30/2014 - 13:54 | 5394684 NotApplicable
NotApplicable's picture

I blame Tim Cook. /s

Thu, 10/30/2014 - 14:02 | 5394745 Manthong
Manthong's picture

This whole economy.. the rigged markets.. all government data..

Charlie Foxtrot.

Thu, 10/30/2014 - 14:06 | 5394772 boogerbently
boogerbently's picture

Been watching the fight to keep gold over $1200?!?!

Thu, 10/30/2014 - 14:17 | 5394830 NoDebt
NoDebt's picture

With ever-decreasing exchange volumes the last 5 years you can't seriously expect them to keep those computer systems revved up for a max-volume spike.  They keep inching it down in terms of capacity to keep costs down.  Then something happens and.... oops.  It falls over.

Thu, 10/30/2014 - 14:29 | 5394896 Divided States ...
Divided States of America's picture

I smell a flash crash coming....

Thu, 10/30/2014 - 15:06 | 5395074 Save_America1st
Save_America1st's picture

I love the smell of fried algos in the morning...smells like...Victory!

 

and they're great with bacon and hashbrowns. 

Thu, 10/30/2014 - 14:09 | 5394794 Groundhog Day
Groundhog Day's picture

ALGOS GONE WILD!  WE could see new highs on the indexes today!  Just wipe me out and put me out of my misery.....please!

Thu, 10/30/2014 - 15:44 | 5395239 Crash Overide
Crash Overide's picture

So in the new "normal" which is it again?

Circuit breaking markets...

Market breaking circuits...

Breaking market circuits...

Circuit market breakers...

Market circuit breakers...

Breaking circuit markets...

Fraud...

Thu, 10/30/2014 - 19:17 | 5395902 cdm
cdm's picture

 

looks like any "normal"

 

Freaking markit circus ...

 

 

aka ...

fraud of the oldest sorts

Thu, 10/30/2014 - 13:53 | 5394685 kaiserhoff
kaiserhoff's picture

Some fool tried to SELL stawks.

Doesn't understand the new normal.

Thu, 10/30/2014 - 13:56 | 5394690 nope-1004
nope-1004's picture

Please 20-something "traderz", learn me more about the monetary system and why this is so good.

I'm all ears.

 

Thu, 10/30/2014 - 14:02 | 5394735 SheepDog-One
SheepDog-One's picture

They've mastered their joysticks, all they know is 'mash X up arrow up arrow' till market close.

Thu, 10/30/2014 - 14:20 | 5394849 aVileRat
aVileRat's picture

The Konami Code breaks Bats. True story~~.

Looks like reality just clicked in (dip in the SPX)

 

Thu, 10/30/2014 - 13:55 | 5394691 booboo
booboo's picture

"The Market" Bwahahahaha

Thu, 10/30/2014 - 13:55 | 5394694 walküre
walküre's picture

"So Bullish It Hurts"

Thu, 10/30/2014 - 14:32 | 5394907 Jack Sheet
Jack Sheet's picture

Fuck them all with the wrong end of a pineapple.

Thu, 10/30/2014 - 14:33 | 5394916 Shirley Swanepoel
Shirley Swanepoel's picture

LOL

Thu, 10/30/2014 - 14:44 | 5394964 tenpanhandle
tenpanhandle's picture

you mean there is a right end of a pineapple to get fucked with?

Thu, 10/30/2014 - 14:56 | 5395017 Squid Viscous
Squid Viscous's picture

added to questions list for next Apple Product Launch

Thu, 10/30/2014 - 15:03 | 5395057 Jack Sheet
Jack Sheet's picture

yes, if you're an elephant.

Thu, 10/30/2014 - 13:51 | 5394659 Squid Viscous
Squid Viscous's picture

Oprah was inseminated? hit the offer!!! 

Thu, 10/30/2014 - 13:54 | 5394687 Headbanger
Headbanger's picture

AGGGGHHHHH

DON'T GO THERE!!

Thu, 10/30/2014 - 14:00 | 5394728 wee-weed up
wee-weed up's picture

Where you think baby okra comes from?

Thu, 10/30/2014 - 14:16 | 5394825 NotApplicable
NotApplicable's picture

*orca

Thu, 10/30/2014 - 15:07 | 5395080 booboo
booboo's picture

You mean Okra, like chicken fried Okra?

Thu, 10/30/2014 - 13:50 | 5394662 saints51
saints51's picture

LOL, Just saw this. Old news from Abe and markets broke. Algo's must be glitching like a mofo.

Thu, 10/30/2014 - 13:49 | 5394663 kaa1016
kaa1016's picture

Seriously, what the fuck? This is an absolute joke.

Thu, 10/30/2014 - 13:54 | 5394681 Bangin7GramRocks
Bangin7GramRocks's picture

If you are still surprised and can't understand that it is all rigged and there is no "market", you sir are the absolute joke!

Thu, 10/30/2014 - 13:57 | 5394704 55 men
55 men's picture

They must have read the memo wrong.....it was to only manipulate the metals today.....frickin noob, cant even get that right!

Thu, 10/30/2014 - 13:59 | 5394715 SheepDog-One
SheepDog-One's picture

I see no call for that.

Thu, 10/30/2014 - 15:41 | 5395126 palmereldritch
palmereldritch's picture

He had no option

Thu, 10/30/2014 - 13:54 | 5394664 khakuda
khakuda's picture

Does anyone else find it amusing that a market and economy based only on borrowed money is led by a rally with Visa, king of credit cards up 10%, and manipulated headlines out of Japan? 

Thu, 10/30/2014 - 13:56 | 5394697 NotApplicable
NotApplicable's picture

Every. Fucking. Day.

Thu, 10/30/2014 - 13:50 | 5394667 maskone909
maskone909's picture

oh shit i better dump a zillion gold contracts STAT

Thu, 10/30/2014 - 13:55 | 5394692 saints51
saints51's picture

LOL, So sad but true.

Thu, 10/30/2014 - 13:50 | 5394668 ekm1
ekm1's picture

Central command and NSA testing the pre-planned collapse.

Thu, 10/30/2014 - 13:52 | 5394673 saints51
saints51's picture

EKM, you know what? I am starting to think you may be on to something.

I guess its about time for ebola news.

Thu, 10/30/2014 - 14:01 | 5394712 nope-1004
nope-1004's picture

EKM, please explain how goosing the market with fake bids leads you to believe that this is the NSA preparing for a collapse.

Thu, 10/30/2014 - 14:03 | 5394746 ekm1
ekm1's picture

Because it is illegal to bomb the system with fake bids.

Which means that government is allowing fake bids.

Nobody will do something illegal in such an open way unless the gov allows it under the umbrella of 'national security'

Thu, 10/30/2014 - 14:06 | 5394765 Divided States ...
Divided States of America's picture

Oh yeah fake quotes are rampant today...yes everything seems so deliberate.

btw, I guess I should just avoid the system at all cost...longs or shorts...just dont put more money into the system..aka dont feed it.

One day the entire system will implode into a vacuum.

Luckily fonz isnt here...he would be going ballistic right now.

 

Thu, 10/30/2014 - 14:06 | 5394773 Dr. Engali
Dr. Engali's picture

The government has always turned a blind eye fake bids. This is nothing new.

Thu, 10/30/2014 - 14:07 | 5394782 Divided States ...
Divided States of America's picture

Yeah but the government (SEC) NEVER turns a blind eye to fake boobs.

Thu, 10/30/2014 - 14:22 | 5394861 centerline
centerline's picture

Did someone say "boobs?" 

Thu, 10/30/2014 - 14:07 | 5394784 ekm1
ekm1's picture

goverment is promoting fake bids

Thu, 10/30/2014 - 14:23 | 5394865 Groundhog Day
Groundhog Day's picture

If it were Goldman on the other side of these trades their would be an investigation and all billion orders would be forced to be undone. 

Thu, 10/30/2014 - 14:08 | 5394793 nope-1004
nope-1004's picture

I don't follow the logic.

Thu, 10/30/2014 - 14:10 | 5394802 ekm1
ekm1's picture

http://www.foreignpolicy.com/articles/2014/04/28/exclusive_meet_the_secr...

Stock market is national security

Central command controls all signals in and out

Thu, 10/30/2014 - 14:13 | 5394815 nope-1004
nope-1004's picture

Yes, understood.  And fake bids have been going on for 20 years, I understand.

 

Now tie it all together.  WHY DOES GOOSING THE MARKET LEAD TO YOUR CONTENTION THAT IT IS IN PREPARATION FOR COLLAPSE at this time?  And why not in 2008?  Or 2001?

 

Thu, 10/30/2014 - 14:15 | 5394822 ekm1
ekm1's picture

Because that is what the Saudis and Pentagon want.

Extinguishing of few trillions of USD

Thu, 10/30/2014 - 14:20 | 5394837 nope-1004
nope-1004's picture

Huh?

 

Thu, 10/30/2014 - 14:25 | 5394883 ekm1
ekm1's picture

US Monetary policy is 100% part of foreign policy

Thu, 10/30/2014 - 14:32 | 5394885 Divided States ...
Divided States of America's picture

and isnt Israel 100% of that 'foreign' policy???

Thu, 10/30/2014 - 15:01 | 5395055 ekm1
ekm1's picture

Saudis rule, not Israel.

Thu, 10/30/2014 - 15:18 | 5395134 TeethVillage88s
TeethVillage88s's picture

Common' US Agencies will sleep with everybody and always try to.

Reagan understood the importance of Middle East Oil and he protected the Saudi's and Oil Trade with the US Navy. He didn't have to invade whole countries to maintain the balance.

Israel is very active in our US Politics across the board. This is a foreign government that killed US Kids in the Liberty. And still both Republicans & Democrats are giving them hand jobs.

Israel buys our officials and also controls much of our policy through Neocons, neoliberals, and European Banking Agents.

Saudi Arabia appears to have been much more useful in keep our American Military Republic. Hell even Sadam Huessain was more useful than Israel. Jordan Check. Turkey Check. Egypt Check. Israel... naw.

What have Japan, South Korea, Germany, Israel done to pay back US Largess?

Money rules the world.

Oil is money, Gold is money, Property & Corporations are money. Political Borders are money.

Thu, 10/30/2014 - 14:23 | 5394856 Squid Viscous
Squid Viscous's picture

Yep it's always been about what the Saudis want...? either you are another zio-troll, or it's time for your meds

Thu, 10/30/2014 - 14:31 | 5394897 Sinnedi
Sinnedi's picture

Only federals talk about zios. The Third World War must be fomented by taking advantage of the differences caused by the "agentur" of the "Illuminati" between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil. Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time." 4

Thu, 10/30/2014 - 14:51 | 5395002 saints51
saints51's picture

EKM is not a troll. He has a different opinion on where power is distributed from. Some of us think the central banks are the wizards, while EKM believes the power comes from the MIC. If I am wrong on his viewpoint he will chime in but that is how I understand his comments.

Thu, 10/30/2014 - 15:03 | 5395045 Squid Viscous
Squid Viscous's picture

ok, point taken - I know he's been around for a while...just the Saudi stuff is so mis-directional i.e. Michael Moore, IMO

yeah they have alot of oil and they're scumbags, but I dont think they're calling the shots...

Thu, 10/30/2014 - 15:05 | 5395063 ekm1
ekm1's picture

I am a right winger, neocon supporter.

 

Saudi + Pentagon alliance is the corner stone of US foreign policy

Thu, 10/30/2014 - 15:17 | 5395130 Squid Viscous
Squid Viscous's picture

Imagine if the Saudis had a stranglehold on all forms of media? that would be nuts, thanks god not yet!

Thu, 10/30/2014 - 15:02 | 5395058 ekm1
ekm1's picture

yes

Thu, 10/30/2014 - 15:25 | 5395157 Squid Viscous
Squid Viscous's picture

thanks be to G_d!

Thu, 10/30/2014 - 14:04 | 5394752 Dr. Engali
Dr. Engali's picture

Because everybody gets a case of the ass when they see positive 401k statements.

Thu, 10/30/2014 - 14:17 | 5394836 SheepDog-One
SheepDog-One's picture

My 401k YAY.....for when I get set in a chair in the corner of the old
Folks home, by crackey I'll be able to buy seconds on tapioca puddin!

Thu, 10/30/2014 - 13:56 | 5394707 LawsofPhysics
LawsofPhysics's picture

Don't become my "false prophet" now ekm1.  I want to see those financier's fucking heads on pikes.

Thu, 10/30/2014 - 13:57 | 5394710 ekm1
ekm1's picture

Well, if they surrender, no beheadings.

Thu, 10/30/2014 - 14:00 | 5394722 LawsofPhysics
LawsofPhysics's picture

considering what has been stolen, surrendering is not enough, not by a long shot. Clawbacks or execution, period.

Thu, 10/30/2014 - 14:03 | 5394749 walküre
walküre's picture

jubilee, defaults, reset will do

the elite can try and eat their stock certs

let 'em eat stocks

Thu, 10/30/2014 - 14:18 | 5394834 OW My Balls
OW My Balls's picture

or as they say in Cupertino these days   "Let them eat cocks"

Thu, 10/30/2014 - 13:51 | 5394669 walküre
Thu, 10/30/2014 - 13:52 | 5394675 scubapro
scubapro's picture

 

 

135pm   AGG moves by $6 inside of 1 minute.....

Thu, 10/30/2014 - 14:09 | 5394796 A82EBA
A82EBA's picture

look at SHY on October 13 wtf

Thu, 10/30/2014 - 13:51 | 5394676 gadflew
gadflew's picture

Bullish

Thu, 10/30/2014 - 13:53 | 5394677 buzzsaw99
buzzsaw99's picture

#DIV/0!

Thu, 10/30/2014 - 13:55 | 5394683 Ness.
Ness.'s picture

Nobody cares if stocks are manipulated upward.  Ebola who?  ISIS, huh?  Hence:

 

Chicago (Twatter) Trends

 · Change

Thu, 10/30/2014 - 13:57 | 5394708 NotApplicable
NotApplicable's picture

Wait, there's cat movies now? WTF am I doing here?

Thu, 10/30/2014 - 14:00 | 5394727 Squid Viscous
Squid Viscous's picture

Tim Cook and Bumgarner, an interesting algorithm

Thu, 10/30/2014 - 13:54 | 5394695 dirtyfiles
dirtyfiles's picture

just fucken brake this circus once for good

Thu, 10/30/2014 - 13:55 | 5394700 SheepDog-One
SheepDog-One's picture

What can you do except laugh at this point?

Thu, 10/30/2014 - 14:39 | 5394945 SmallerGovNow2
SmallerGovNow2's picture

You can BTFD in silver and gold...

Thu, 10/30/2014 - 13:56 | 5394701 Dr. Engali
Dr. Engali's picture

It's a good thing El Presidente Zero kicked ebola's ass, because if he didn't we might get a headline that would disrupt the month end banker bonus rally.

Thu, 10/30/2014 - 13:58 | 5394703 williambanzai7
williambanzai7's picture

The NYSE is platformed on 12 Atari 400s wired in series with a powerful 4000 Baud telephone modem connection to Compuserve and Home Base.

Thu, 10/30/2014 - 13:59 | 5394713 saints51
saints51's picture

wonder what happens if they insert Pitfall

Thu, 10/30/2014 - 14:00 | 5394720 NotApplicable
NotApplicable's picture

So that's how they can handle so many quotes!

Thu, 10/30/2014 - 14:00 | 5394721 IANAE
IANAE's picture

no, no, 12 is way too many...thinking it's more 7...

Thu, 10/30/2014 - 14:05 | 5394770 crazytechnician
crazytechnician's picture

But they upgraded them to 64k

Thu, 10/30/2014 - 14:07 | 5394789 CrazyCatLady
CrazyCatLady's picture

Probably wishing they had used INTELivisions by now

Thu, 10/30/2014 - 14:47 | 5394981 achilles5008
achilles5008's picture

As we all know.......

 

 

ALL YOUR BASE ARE BELONG TO US !
Thu, 10/30/2014 - 15:20 | 5395136 Squid Viscous
Squid Viscous's picture

when the "market" finally shits the bed, PPT will be playing "Defender" circa 1979...

Thu, 10/30/2014 - 13:57 | 5394709 IANAE
IANAE's picture

...and quote data vanishes yet again...

Thu, 10/30/2014 - 14:01 | 5394737 gadflew
gadflew's picture

From Martin Armstrong, for reference:

 

"Here it's Thursday and we have broken back up to new highs on our cyclical models without electing a bullish reversal yesterday.

Resistance stands at the 17195 level and a closing below 17000 today will imply that we have a high in place.

Closing resistance will stand at 17010, 17143, and 17246. We need a closing above at least 17,143 to imply that we could continue higher into next week. Otherwise, a failure to closing above 17142 will suggest we may have the high today.

Tomorrow is the end of the month. We are looking at a closing below 16898 tomorrow will suggest that we should press lower. A closing tomorrow below 16920 will imply that we may see a break next week back to test support."

Thu, 10/30/2014 - 14:19 | 5394841 NotApplicable
NotApplicable's picture

He might as well be reading goat entrails. In this "market" TA is nothing more than the tail wagging the dog.

Thu, 10/30/2014 - 14:26 | 5394881 centerline
centerline's picture

Shhhh... don't give away the secrets of his all-seeing "computer." 

Thu, 10/30/2014 - 14:34 | 5394923 NotApplicable
NotApplicable's picture

Oh, sorry.

"Pay no attention to the man behind the curtain!"

Thu, 10/30/2014 - 14:37 | 5394936 Jack Sheet
Jack Sheet's picture

yes and look out for 2014.628 1/2 and especially 2015.999999. 

Thu, 10/30/2014 - 14:35 | 5394929 Jack Sheet
Jack Sheet's picture

quoting another ZH comment, technical analysis is like trying to grasp turds while they are spiralling down the flush.

Thu, 10/30/2014 - 14:02 | 5394739 craus
craus's picture

What's the difference betwen the Federal Reserve & a crack addict?

There is none. Both use whatever means they can to reach a high.

Even if it means stealing and lying.

Thu, 10/30/2014 - 14:05 | 5394761 buzzsaw99
buzzsaw99's picture

a crack addict makes more sense when s/he speaks?

Thu, 10/30/2014 - 14:09 | 5394766 buzzsaw99
buzzsaw99's picture

a crack addict can't pull crack out of his/her ass (crack)?

Thu, 10/30/2014 - 15:22 | 5395147 Squid Viscous
Squid Viscous's picture

At least a semi attractive crack bitch can sell herself for more crack? Yellen, not so much...

Thu, 10/30/2014 - 14:05 | 5394753 Bernoulli
Bernoulli's picture

Is there maybe some reason why S&P 500 MUST be over 2000 by 31st October by all means?

What I don't get (sorry, maybe it's just me): When markets break, why do prices go up? I would have expected that the sellers panic, not the buyers... would appreciate if somebody could explain (sorry, I'm not a finance guy).

Thu, 10/30/2014 - 14:09 | 5394799 madbraz
madbraz's picture

Simple, when market goes back on magically the price is no longer 100, it is now 101.

 

it works with the futures market becoming the price of the cash market at 9:30, why wouldn't it work when they purposedly break the market for a little while?

Thu, 10/30/2014 - 14:38 | 5394937 Bernoulli
Bernoulli's picture

But who fixes all those prices? Algos programmed by who? Janet Yellen? Come on.

So if nobody knows where the prices will be after the thing is fixed, then this is exactly why I would expect "people" to panic (i.e. try to sell) if the "markets" break, not wait til the "markets" come back online. So I would "normally" expect the prices to fall.

But what is "normal" these days...

 

Thu, 10/30/2014 - 14:05 | 5394755 Amish Hacker
Amish Hacker's picture

Damn, I missed the move again.

Thu, 10/30/2014 - 14:05 | 5394758 Squid Viscous
Squid Viscous's picture

well we had to get back to 2000 spx somehow... ?

Thu, 10/30/2014 - 14:05 | 5394759 Quinvarius
Quinvarius's picture

A market with ask electronically removed?  Seems legit. 

Thu, 10/30/2014 - 14:06 | 5394778 Coldcall
Coldcall's picture

I´m watching this market melt up, post QE kaput, and cannot help smiling in anticipation. Will be interesting to see what happens when we get near the record highs on S&P.

If it keeps going i will eat my hat.

Thu, 10/30/2014 - 14:10 | 5394805 IANAE
IANAE's picture

...here's the wind-up, and ...

Thu, 10/30/2014 - 14:10 | 5394806 Comte d'herblay
Comte d'herblay's picture

Would you like mayo or moutard with it?

Betting against the bull side of this market has made more paupers than the decline in 2008. 

Thu, 10/30/2014 - 14:13 | 5394812 A82EBA
A82EBA's picture

already ate my gold..needs salt

Thu, 10/30/2014 - 14:16 | 5394823 buzzsaw99
buzzsaw99's picture

Oh, this is the worst-looking hat I ever saw. What, when you buy a hat like this I bet you get a free bowl of soup, huh?

Thu, 10/30/2014 - 14:39 | 5394941 Jack Sheet
Jack Sheet's picture

did someone step on a duck? 

Thu, 10/30/2014 - 14:48 | 5394988 Jack Sheet
Jack Sheet's picture

-Hey, barman, can you make a bullshot?

-(barman) Can you make a shoe smell? 

Thu, 10/30/2014 - 14:21 | 5394851 NotApplicable
NotApplicable's picture

That will be your due for believing there's anything real left to collapse.

Thu, 10/30/2014 - 14:11 | 5394807 wmbz
wmbz's picture

DOW should shoot up another 3-400 points by the 4th.

The giddy moron voters get to vote for the conman/woman that promised them the most free shit! Gonna "stick it" to the rich bullshit sells a fool everytime.

So simple even a buffoon can do it!

Thu, 10/30/2014 - 14:23 | 5394857 SheepDog-One
SheepDog-One's picture

Here, it's a campaign battle over which guy might be the lesser complete crook....I shit you not.

Thu, 10/30/2014 - 14:11 | 5394810 Panic Mode
Panic Mode's picture

As long as stock market is up, why complaint. Don't stop the music.

Thu, 10/30/2014 - 14:15 | 5394820 wswarrior
wswarrior's picture

How is this possible?  It's as if this market is a one sided buy.  The S&P is right back at the record. At least make it believable.  I am honestly starting to think that there won't be a meaningful pullback until the system collapses.  The Fed is still going to be working in the background to make sure that stocks don't drop this time around following QE.    

Thu, 10/30/2014 - 14:29 | 5394891 NotApplicable
NotApplicable's picture

Ever declining volume coupled with trillions of ZIRPdollars seeking returns as long as they will play along with the farce?

Margin debt, FTMFW!

http://www.nyxdata.com/nysedata/asp/factbook/viewer_edition.asp?mode=tab...

Thu, 10/30/2014 - 14:15 | 5394824 south shore bon...
south shore bond daddy's picture

why is the stock market so strong with out QE. I thought the two were inextricably linked. There was no POMO today

Thu, 10/30/2014 - 14:22 | 5394859 NotApplicable
NotApplicable's picture

That's pre-Euroclear thinking. If one support is removed, you can bet that three others were secretly put in it's place.

Thu, 10/30/2014 - 14:22 | 5394862 Callz d Ballz
Callz d Ballz's picture

Pomo replaced by Shomo, just experiencing full tilt right before implosion.

Thu, 10/30/2014 - 14:25 | 5394874 SheepDog-One
SheepDog-One's picture

Ah yes....but look at all the room for QE 4,5,6 and 7!

Thu, 10/30/2014 - 14:24 | 5394867 we built this city
we built this city's picture

When was the last time ZH was right predicting the direction of the market?

Well- unfortunately never happened....

All these bearish news ...and the markets are almost at record highs...

okay we all know markets are rigged...but one that went againts this tremendous meltup is now homeless...

the cisis will eventually 0ccur and it will be sometimes in the future....

Everybody nows manipulation rules and Pe's are high- so whats the point posting negative news all day?

 

Thu, 10/30/2014 - 14:29 | 5394884 Callz d Ballz
Callz d Ballz's picture

ZH just giving the play by play, we all know the rest of the story. 

 

edit:  It is amusing to see the capitulation whenever a chart is marched out though.

Thu, 10/30/2014 - 14:28 | 5394889 Dr. Engali
Dr. Engali's picture

Zero Hedge has been consistant in the fact that the market is a farce that will continue to melt up until it breaks. The Tylers have made no other predictions of market direction, they simply point out the ridiculousness of it all.

Thu, 10/30/2014 - 14:32 | 5394911 Shirley Swanepoel
Shirley Swanepoel's picture

Amen.

Thu, 10/30/2014 - 14:33 | 5394912 Callz d Ballz
Callz d Ballz's picture

And quickly approaching ludicrous speed.

Thu, 10/30/2014 - 14:28 | 5394893 centerline
centerline's picture

Got to drive it like you stole it! 

Thu, 10/30/2014 - 14:32 | 5394908 NotApplicable
NotApplicable's picture

When was the last time ZH predicted market direction? Or the first time, even?

All I've ever seen are claims about the impossibility of everyone profiting from said meltup.

Surely the game of musical chairs is known to you?

As for the point? It's detailing the unraveling/reraveling of the facade. If you don't think that's of value, why are you even here?

Thu, 10/30/2014 - 14:33 | 5394910 SmallerGovNow2
SmallerGovNow2's picture

sell now and book your profits...

Thu, 10/30/2014 - 14:31 | 5394900 Shirley Swanepoel
Shirley Swanepoel's picture

Tell me when it is safe to exhale.

Thu, 10/30/2014 - 14:36 | 5394933 NotApplicable
NotApplicable's picture

*turns blue, passes out*

Thu, 10/30/2014 - 14:38 | 5394942 Seize Mars
Seize Mars's picture

Oh but QE is over, though.
We can easily verify this by checking the audit of the Federal Reserve.

Thu, 10/30/2014 - 15:13 | 5395120 CitizenPete
CitizenPete's picture

Keynesian wet dream. Paper hangers.

Thu, 10/30/2014 - 15:15 | 5395124 Barnaby
Barnaby's picture

I said to myself last October: when you make $95k in a single session you will buy yourself a new car.

I'm getting a Tesla, a Rolls, and an Astin Martin plus a collectible Seamaster for my broker.

This is like shooting barrels in a barrel.

(I'm only buying a Focus ST, BTW. Maybe a Tag for my broker, the fuck. The rest is going into my garage, indeed, in the form of silver.)

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