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Dow Bloodbath Update - Down Almost 500 Points From Friday's Highs
"Extreme" market volatility conditions... as NYSE explained it.
Dow down almost 500 points from Friday's exuberant highs...
As we open, massive volume hits Dow Futures - far above normal
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Reality, finally at the Center ring? We shall see. So long overdue.
impressive, but still a long way from reality.
30-Year Treasury hits all-time record low yield:
2.34%
Fed raise interest rates?
Get real.
[We are ALL Japan now...]
https://www.youtube.com/watch?v=gEmJ-VWPDM4
Don't worry. Some really bad economic news will emerge and the markets will shoot right back up.
About 16 to 17 minutes should turn in upwards. You will get your news
<- Fucking idiots..
<- Fucking idiots
lol, I feel this poll is unfair.
It's a poll on the people in charge and all he could find were fucking idiots.
Is this a poll or a sample ballot for the next presidential election?
NY is frozen and can't reply. F NY.
Actually we hit those levels Sunday night, but "someone" at 4AM didn't like it and pushed futures up and treasuries erased that gain.
This is a sh*tshow manipulation fest - we will need volume to cause this "misterious" stock knife catcher to retreat. It's coming.
Well considering the BOJ has been buying up market ETF's hand over fist...yeah they also own it.
top chart is perfect - dead cat in the graph.
Fed will raise short term rates, sometime in Summer to Fall 2015 for credability purposes only. They don't control the long end, beyond the 7yr duration.
30yr could see a 1 handle. If (when) 10yr breaks through 1.60, then we could see 1.35 or even 1.15 in the 10yr.
Good luck trading
The word on the net is you have until September 2015, which will be when the real carnage ensues to new record lows like never seen before!
Burn you bastard, burn.
(The market not you mono)
FED has nobody left to sell to, having wiped everyone out
yesterday was a show. "see, Greece doesnt matter". today is reality. greece declaring its independence from its banker overlords will be LEHMANesque.
lots of Euro QE money to front run and buy the dip. Crapple will be magic tonight and all will be forgotten, if they too lay an egg, well.....
Yeah, screw the revolution, bring on the apocalypse!!!
Start your own revolution (cut out the middlemen!).
Do I BTFD now?
No.
10 a.m. est.. Try to get with the program impoverished ps-whatever.
10 AM - The bird start swarming in for their feeding - LOL
It depends on your investment timeframe. If your invesment timeframe is very short- say you plan on holding the securities for only a few seconds or fractions of a second, this is a great buying opportunity. If your investment timeframe is much longer, where you plan on holding the securities for perhaps several hours or even longer, then yes, this is a great buying opportunity for you.
and when i need to sell?
Call Kevin.
"Pretty please turn those machines back on?"
Go Long Vixx
I can imagine they're in a panic, VIX is higher than it's been in almost 24 hours.
Speaking of "Imagine" - sometimes I try to Imagine what it would actually take to for this "market" to correct by 15% - I was thinking nuclear war with Russia , but I'm not sure that would be enough.
that's not right. how can the price be going down? [/mortimer]
Holy Smoke !
https://www.youtube.com/watch?v=kkPlk1T1Rjg
A lot of the earnings reports coming out this morning are looking grim. Lots of warnings.
Just wait till the 5th revision. Thatll calm the markets!
Its just the polar vortex guyz! All is well!
Even some algos took a snow day?
Que a Central Banker to try and soothe the markets...
FedFUBAR.
Fear...... it's what's for dinner.
That's a water fall chart
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Need to recycle some "ECB buying bonds" headlines.
We need a stock buyback update soon, i reckon.
By Friday, or sooner: 17,000, 1975, and $42 crude.
42 crude seems a bit of a reach (I like it but).....
And if anyone 2 months ago would have suggested oil would drop to $60 by now, everyone would have said that's just silly.
And so it is, the ZH effect begins. Bottom for the day is in.
Its funny because its true
There's a new low.
Oops there's another one.
I'm happy either way!
Actually, futures havent broken their low for the day.
But don't worry, I'm sure GS, I mean ZH will give us another bottom calling attempt in about 20 minutes.
There they go, 17241.
Are central banks losing control or just setting the scene for more QE??
Imagine the market as a pendulum where there is no absolute control, but rather, only the opportunity to push harder in the current direction, or wait until the natural inflection point is reached in order to push it harder in the opposite direction. Each and every push adds to it's momentum, requiring a larger push next time in order to overcome the inertia of the system.
Eventually a point is reached where the size of the pushing threatens to shatter the pendulum (or does) as it wasn't designed to handle such stresses.
This is the bankster's world, where it isn't so much about control as it is massive, overwhelming influence.
"We're gonna need a bigger ZIRP!"
"We're gonna need a bigger NIRP!"
fixed for you
Dow[n]
Dow[n]
Dow[n]
... love the dead cat bounce on the graph :)
Awesome. You hear that? Sounds like a piper and fat lady warming up...
Oh wait, that's just yellen with QE5....
Ya, let's see them raise rates now! Fck Sticks.
Bingo! The unanswered.
NDX opening down 2%, minus 80, is a good start.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ndx&insttype=&freq=1&show=&time=5
m m m monster kill!
It'll be green by 4:29pm
English speaking soldiers in Ukraine and 20 other things you should know – Video
Rebels capture Ukraine commander in Donetsk airport fight, force prisoners to face angry crowds
We read you the first time. ADD much?
Well stop that! (Please don't feed the blog whores.)
This message is brought to you by SpammersAreSoFuckingPathetic.org
Dont worry...Fed comment on Wednesday will have everything back in the green.
I was chatting with my banker brother over the holidays after a few beers. (He asked me to refrain from discussing the markets or reality a few years ago becuase, "it upset him too much")- He was feeling a little loose and coverstation turned to the markets, metals, and non-sense we're forced to live through every day. After a bit of back and forth and he equated my metals purchases to "betting on the double zero, hoping everyone else looses."
+1 excellent point. and a damn stupid way to look at the thing, imho. but it seems to be a common way of looking at metals, in the New World
in the Old World, it's still as it always was: a sensible insurance against all kinds of risks and a way to achieve multi-generational savings
the common Chinese, Indian or European does not buy gold and then hope "everybody loses"
Exactly, I do not want anyone to loose or be hurt. My brother doesn't wear a seatbealt when I'm driving. I guess he could also say I am trying to kill him since I wear mine. :)
The bankers and financiers have had access to free money (QE and ZIRP, the latter continues) for 6+ fucking years, all under the claim to "fix the economy".
It is clear that that money has stayed with these same people. Either pay the retribution or give us a fucking refund.
Can't have it both ways motherfuckers.
everyone in the real world took a pay cut, they need to as well. It that or we take fucking heads.
Did you ask him why any productive business or person with good credit cannot access billions of dollars at the same fucking rates he can?
These hypocrites have had it far, far too fucking easy for far too fucking long.
I had a former banker friend who I politely asked this simply question to.
I point out that there was no risk in banking anymore, yet we all had to deal with risk.
Finally I simply said, look, come clean, or we will eventually start taking fucking heads.
Like I said, a former friend. Their compensation is way too fucking high for what they
claim to "do for the economy".
Everyone else took a huge pay cut. They need to as well.
Metals are better thought of as not a "bet" at all. No matter what happens or doesn't happen the metal exists, so it will be balanced against other things that also exist. The prices of things are balanced against current demand, not supply of a thing.
Its all about demand, some believe that supply can control demand but it cannot. Jedi mind tricks aside. Supply of water will not make you more or less thirsty.
The arguement that there is no liquidity goes out the window..... My thought for the day is that the shorts are going to get smoked out of the open, green by Euro Close and it finishes down less than a half percent....
Wow. MSFT down almost 10%!
Yeah, Algos don't like 9% revenue growth.
I have no idea where the value in MSFT is. Its OS has been universally hated for decades, its search engine is shit, and its email system exposed as being part of the NSA intranet. The home user has started migrating to OS X and if they had any brains would be looking at free Linux, something public sector bodies have started toying with as a way of saving money (see Munich City Council) during the depression.
If you lose the OS, you lose all the secondary products like Office. I can't see any signs of growth, just a hard run to stand still.
BULLISH!!!!!!!!!!!!!!!!!!!
If you blink, you might miss it...
"We've opened 250 points down"
Five minutes later, "Oh, and we're green for the day..."
buy dat dip
Dip the buy fellas! Dip the buy! :)
Wall Street traders.
https://www.youtube.com/watch?v=nFTD9o7dB0w
Okay bears, let’s do it again for the 500th time! Lousy earnings, weak revs, falling sales, nill profit margins, no more debt possible for buybacks. Pile on short only to have the Fed rip your faces off in a few hours with another, “We stand ready with more tools…we may need to do more…we can be patient…if more QE is needed, we are prepared.” Markets reverse in seconds and Dow goes up 450 points, and never looks back. Rinse-repeat.
Everyone knows the pattern, and everyone sees the weak numbers, but only the weak hands sell, the rest hang on knowing the Fed has pledged to defend the markets, “Whatever it takes.” When Faith in Fed ends, it will be a spectacular run to the exits. When will that be? Are they pushing on a string yet? How deep are your pockets?
Not deep enough?
I thought mine were pretty deep.
Leverage is a terrible thing when you bet wrong and are not smart enough to understand just what the FED can, and will, do to you.
Now I know that their pockets have no bottom, and their limits have no end.
Too soon old; too late smart.
PM's catching a bid, silver over 18...
If the Europeans are printing money… and the prices are still going down… I don’t understand what more we could do?
Have a look at the Dow on the daily chart.
large contracting triangle, and we are near the support trend line.
If we get a strong push through that level (90 points away), there's a lot of fresh air beneath it.
500 points is now normal
You guys are all such brilliant idiots, don't you know by now it is the weather!
Sarc :)
Everything! Is! AWESOME!
Oh, wait....
Here we go again, loading up the shorts for the next squeeze up. If you go short, don't be late taking profits as they WILL squeeze you as they have done over and over and over again. The shorts and unwavering faith in the FED keep this market up.
Wouldn't it be a hoot if all of the Sept-Oct doomers like Armstrong and the blood moon folks got it wrong and THIS is it? Jan 2015 the street hits the wall so to speak. Oh well, one can dream.
Drop Dow ahead of FOMC meeting
Sucker in a bunch of shorts
Yellen yells 'patience'
Dow rockets higher
Shorts get crushed
Repeat, again, and again, and again
This morning somebody somewhere is saying "Nice to have met ya, buddy! It has been a real financial pleasure!!!"
Oh, but this just in... consumer confidence jumps (majically out of the rainbow colored unicorns arse) to a new high!!!
Get ready... 2pm bitchez.
New Naz100 lows here down 100, minus 2.35%. Tray tables to the upright position:
http://www.investing.com/indices/nq-100-futures-advanced-chart
2% drop is a "bloodbath" these days? Oh just you wait...