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BTFD?
The S&P 500 remains 50-60 points 'rich' to the Federal Reserve Balance Sheet.
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The dolts on CNBS were having a nervous breakdown this morning. Becky Quickie needs to jump up on Uncle Warren’s lap and hear him tell the story of seeing the naked swimmers when the tide goes out to calm her down.
Party like it's 1999.
^this should have gotten moar upvotez bitchez^
How can the market be going down when I haven't closed my shorts yet?
Ooooooooh Fonestar I would like to resume our debate about Bitcoin now!!!!! Bitcoin Price 197 and falling \
I should clarify, when I say short, I mean I have positions in DXD and SDS. Both move 3X invesere to the market. Looking for an exit for a short term profit.
Looks like a healthy double bottom is forming in stocks. I'm seriously considering selling some of my treasuries and doubling down. The green shoots in the economy are now undeniable to even the most pessimistic doomers - the housing market is recovering steadily, the dollar is strengthening, oil is cheap, and payrolls are consistently positive. If you feel like you've missed the boat, it's not too late -in my opinion prices are going to at least 4000. If you like the sound of buying at 2000 and selling at 4000, then what are you waiting for?
A little trip down memory lane here. Bitcoin (remember bitcoin? me neither.) crashed to $200 dollars today. It peaked at about $1100 two years ago.
Peak bitcoin has come and gone?
Sold out my short positions for the quick profit. Now on sidelines awaiting next leg. I hate holding ETFs for too long.
Martha's polishing the brass on the Titanic. It's all going down man!
I'm still down about 15% on my SPXS. I hate holding it this long too, but even if this turns into an actual correction (as in a 10% drop) it wil get m back into the green. I still don't believe this is the drop we all know is inevitable though. The plunge protection team will no doubt stop this before it gets down to 1950 or so.
I'll buy back in once I see whether this bounces or pushes further down. I used to use this strategy to turn the profits into PMs until that bit me in the shorts on both sides. Luckily I look at PM as long term last resort emergency, not short or long term profit trades. That is why I haven't recovered the few I had after I lost them all in that unfortunate boating accident.
"Buying Dow 10000 hats!!!"
Notice in 2013 the balance sheet marked 'tops' in the S&P, then last year in the beginning the balance sheet marked 'bottoms' in the S&P.
One would be forced to assume chart two is what outright FED e-mini purchases look like...
Just BTFD. If this
http://www.zerohedge.com/news/2015-01-14/5-key-takeaways-ecjs-kinda-sort...
is a go then the mantle has been passed from the Federal Reserve to the ECB. MOAR QE!!!!!!!!!!!!
But of course it will all implode at some point be it economic wars or kenetic wars. But that may take another 4, 5, 10 years. Who knows.
never had any business being above 2000.
Never had any business bouncing off 666.
Steve LIESman just said(12:03est)"I'm not buying into the weak consumer story today"
Pump it Steve Pump!
Of course he's not, it might affect his bonus and heaven forefend it might hurt his stock options.....
STFB - shit the fucking bed
STFR? glossary definition anyone?
Stay The Fuck Relaxed ?
Sell The Fucking Rip (or Rally).
'Start The F-ing Revolution' could work.
Stop The Federal Reserve?
or
Get To Work Mr. Chairman
Anyone wondering when shit is going to truly start to get real? Something about this screams there will be a dead cat bounce, and then shit actually gets real.
Yes, I'm thinking about the Muslim violence, cops killing people, people killing cops, macrhes, loss of aircraft, etc. in context.
Stir-fry The Fed Reserve
lake city we stir-fryed some folks
lake city we stir-fryed some folks
Sell The Fool's Rally
They are just forcing the sheeple out and in to shorts, selling the OMT-"news". When it's time they will BTFD again. As much as I hate it, stawks won't fall with OMT.
Look out below.
S&P 2000...think about that...in this atrocious environment...and we are all sitting here awaiting the next BS Fed rumor or headline for the Algos to read so the buying can commence again...because deceit is all they have remaining.
BTFP buy the fucking popcorn
If equity enthusiasts are lucky this collapse makes a temporary stop down another 2% at DJIA 17,100 and SPX 1975, otherwise we going to see lower lows down 4%:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spx&insttype=&freq=1&show=&time=5
zh effect in 3, 2, 1...
Let the bodies hit the floor.
or GTFO.
Maybe it's finally the 'Big one'!
Maybe, but I think that it is more likely a rumbling that could go on for quite a while before the eruption happens. Things need to play out in junk bonds first.
Nope, when the big one comes the speed in which this "market" vaporizes will be jaw dropping.
"Gofo rates". As reported here this past November " there is ZERO liquidity."
Now energy prices collapse.
What's that nursery rhyme again? The baby carriage one?
Doc, a certain dusty old Book says that 'Babylon' will fall in one hour.
The people will bleat and cry but it will collapse in a heap, just like <snaps fingers> that.
Ya it's possible. And in that scenario I won't be able to finally reap the rewards of being right. I doubt I would actually be able to sell me SPXS and cash out if the circuit breakers keep halting trading. Oh well, that's why I have physical gold, in case something like that happens. Don't lave anything in the casino you aren't willing to lose.
...and in other news... Businesses continue to die at a much faster rate than being created. Suggesting the BLS birth death model is way the fuck off.
http://www.gallup.com/businessjournal/180431/american-entrepreneurship-d...
They not birthin enough new debt slaves out there!
Money on the sidelines! Green shoots! Summer, Winter, Year of Recovery!
what the fuck is a down day?
NEWSFLASH**
S&P still up 6% over the last 3 months
Newsflashes don't usually contain old news. I don't care where the market has been, I only care where it's going. It's becoming obvious that the market is struggling without some love and tenderness coming from the fed heads.
And by love and tenderness, the good doctor means a handjob. That's what causes erections in the S&P charts...
Deer watch in effect.
LOL!....Just for the fun of it I put my meager $30k Roth into the SP500 a few weeks ago just to see if it would tank. I sure wasn't dissapointed. LOL!
Congratulations.
Put mine into UVXY ultra vix and have made 50% in 3 weeks!
SPX below 2000 - and guess what? ICE shut off HFTs for good - we think - as of today
http://bullandbearmash.com/chart/sp500-daily-closes-january-14th-hft-shu...
ICE release in the posting
One more try huh ZH?
You must have lost your way! Why dont you just be a pefect little sheeple and Google up Cramer.
New lows here. Bank index heading for down 3% won't be pretty:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=bkx&insttype=&freq=1&show=&time=7
....down goes frazier!!!
http://blog.kimblechartingsolutions.com/wp-content/uploads/2015/01/globa...
50 to 60? Don't you mean 500 to 600?
Uh oh!
Buy the dip. Hahahahahahahahaha.
It's not just the index levels, it's the 40% leverage in that crap, so for most it only takes a few % drop to feel 100% loss.
Algos are waiting for the next Federal Reserve pump.
The market has feasted the last few months on rallying the most shorted positions This dip should bring in even more shorts. I am somewhat surprised at the dip, in light of the the ECJ giving the ECB a tentative 'go for it', especially with the ECB meeting next week. I would not be surprised if the ECB takes some type of action, and the markets rally. Otherwise, the usual parade of talking heads doesn't seem to be working this time -- so maybe its time to bring on Tepper!
I said earlier the bank index BKX was headed down 4%, but I wasn't expecting minus 3% to come today. Maybe they'll take everything down another % in the next 2 hours and put in a temporary bottom today? New lows on DJIA and SPOORS just now: no buying power in sight.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=bkx&insttype=&freq=1&show=&time=7
Allowing the markets to correct without Central Banker interventionism does not appear to be an option.
Let's see if the markets can correct in spite of Central Banker interventionism.
Throwing more bullshit on top of bullshit and building the pile bigger is only going to lead to a crash of epic porportions.
Fuck you Paul Krugman!
Try 5-600 points rich
This collapse has the potential to turn into something really big, like lower lows at DJIA 16,800 and SPX 1950, down another 2%-plus, unless the JV knife-catcher squads at double bottoms 17,100 and 1975 are really ready for a game that could start any minute:
http://www.investing.com/indices/us-30-advanced-chart
What time does the PPT come in?