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April Anxiety? The 7.5 Year Itch

Tyler Durden's picture




 

Stranger things have happened...

Remember the stop-on-a-dime 666 lows of the S&P...

Well it's been 7.5 years again...

 

and we have extended an almost-perfect Fibonnaci 61.8% off the last high-to-low swing...

 

Charts: Bloomberg

h/t Brad Wishak

 

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Tue, 03/31/2015 - 15:13 | 5946193 flacon
flacon's picture

"Pull it!"

Tue, 03/31/2015 - 15:23 | 5946225 TruthInSunshine
TruthInSunshine's picture

Hasbra has to receive/liquidate their holdings first!

Call Urban Movers, Moshe!

Tue, 03/31/2015 - 15:48 | 5946351 ilion
ilion's picture

Mobius and Tickmill guys called the bottom around 750 the last time. This time they have not called the top yet. Mobius started buying Greek stocks the past week.

Tue, 03/31/2015 - 16:58 | 5946604 bania
bania's picture

Yodely Guy is going to call this one...

https://www.youtube.com/watch?v=YHv5jgXz9I8

Tue, 03/31/2015 - 18:00 | 5946786 Cognitive Dissonance
Cognitive Dissonance's picture

Close enough for horseshoes and hand grenades.

<And government workers as well.>

Tue, 03/31/2015 - 15:23 | 5946226 Headbanger
Headbanger's picture

FIBONACCI YOU MOOKS!

Tue, 03/31/2015 - 15:30 | 5946264 JustAboutThatAc...
JustAboutThatActionBoss's picture

APRIL FOOLS!

 

Be sure to wear green. 

Tue, 03/31/2015 - 15:43 | 5946328 dufferin
dufferin's picture

Shemitah Year!!!!

Tue, 03/31/2015 - 23:32 | 5947478 blowing winter
blowing winter's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.nettrader2.com

Tue, 03/31/2015 - 15:14 | 5946196 Dick Gazinia
Dick Gazinia's picture

Aaaaaa Oooooo Ga.  Prepare to dive.

Tue, 03/31/2015 - 15:20 | 5946218 Armed Resistance
Armed Resistance's picture

Aren't you related to Harry Ballsagna?

Tue, 03/31/2015 - 15:55 | 5946381 InjectTheVenom
InjectTheVenom's picture

...or Phillip McKreviss ?

Tue, 03/31/2015 - 16:36 | 5946521 Stained Class
Stained Class's picture

...or Howie Feltersnatch ?

Tue, 03/31/2015 - 17:26 | 5946700 stranglesnstraddles
stranglesnstraddles's picture

...or Dick Hurtzherr?

Tue, 03/31/2015 - 15:22 | 5946221 valley chick
valley chick's picture

We just might get a 1% correction today.

Tue, 03/31/2015 - 15:27 | 5946246 Ham-bone
Ham-bone's picture

wait for it...wait for it..."crazy Ivan" reversal upcoming with near green close???

Tue, 03/31/2015 - 16:43 | 5946545 max2205
max2205's picture

DYAX  ZERO E  3 billion market cap up 30% on phase I 

normal 

Tue, 03/31/2015 - 16:19 | 5946468 Nobody For President
Nobody For President's picture

AWESOME call dudette (If indeed you are a chick): Dow (1.11%) Nasdaq (.96%) and SP (.88%)

APPL closed down (1.47%), so that probably explains all.

And the so-called risk on-off Russell way lagged with (.40%) Sheeeee IT. WTF?

Tue, 03/31/2015 - 15:28 | 5946249 RobD
RobD's picture

Will we see a Baumgartner or Tom Brady type decent?

Tue, 03/31/2015 - 16:50 | 5946576 ah-ooog-ah
ah-ooog-ah's picture

you called ?  :)

 

Prepare to dive!!!

Tue, 03/31/2015 - 15:14 | 5946200 FieldingMellish
FieldingMellish's picture

Every time ZH attempts to call the top, the market blasts another 10-20% higher.

Tue, 03/31/2015 - 15:19 | 5946215 ebworthen
ebworthen's picture

BTFATH! 

Tue, 03/31/2015 - 15:21 | 5946219 Uber Vandal
Uber Vandal's picture

Picking up quarters in front of a steam roller For The Win!!

Tue, 03/31/2015 - 16:23 | 5946480 Nobody For President
Nobody For President's picture

Or go short and throw dollars in front of the steamroller.

The market IS staying irrational longer than I can stay solvent...

Tue, 03/31/2015 - 15:25 | 5946236 lasvegaspersona
lasvegaspersona's picture

It is all simple vector analysis....just follow the tip of the arrow...it points straight at Zimbabwe!

Tue, 03/31/2015 - 15:31 | 5946268 Sages wife
Sages wife's picture

Let's call this the Fisher high.

Tue, 03/31/2015 - 15:48 | 5946349 NoVa
NoVa's picture

Sine Lehman TM

Tue, 03/31/2015 - 16:06 | 5946421 OscarMayerAmsch...
OscarMayerAmschelRothschild's picture

Yep. The Tylers are definately starting to sound like Jim Cramer, although I think he's had a better track record lately.

Tue, 03/31/2015 - 20:55 | 5947160 r3phl0x
r3phl0x's picture

This time is different!

Tue, 03/31/2015 - 15:16 | 5946206 valley chick
valley chick's picture

So it is not different this time?

Tue, 03/31/2015 - 15:17 | 5946209 NoTTD
NoTTD's picture

Charting is, as always, bullshit.

Tue, 03/31/2015 - 15:17 | 5946210 ThroxxOfVron
ThroxxOfVron's picture

Cycles...

Martin Armstrong has been saying that it will only be another 6 months or so before the market corrects...

Six months from now the 2016 election cycle will be in full retard mode and we should see what the oligarchy is presenting to the sheeple for the next few years of 'cope and pain'.

Tue, 03/31/2015 - 15:22 | 5946212 ebworthen
ebworthen's picture

S&P 666 is true valuation for more reasons than one.

The Keyensian end-game might double the 394 weeks; it'll just take another $11 Trillion, a few 0.25% rate rises/back to zero, and some Yellen Jabberwocky jawboning.

Tue, 03/31/2015 - 15:20 | 5946216 juicy_bananas
juicy_bananas's picture

ARE YOU NOT ENTERTAINED

Tue, 03/31/2015 - 15:27 | 5946243 LawsofPhysics
LawsofPhysics's picture

No, retribution must be paid.

Show me the fucking heads of all the bankers, financiers, academics and politicians of record for the last ten years on fucking pikes and then we might be entertained.

Tue, 03/31/2015 - 15:24 | 5946227 LawsofPhysics
LawsofPhysics's picture

I liked the "bubble" "no bubble" figures better.

 

What part of there is no price discovery don't people understand?

Tue, 03/31/2015 - 15:26 | 5946240 monopoly
monopoly's picture

Hell, the way this market has been going a 10% correction would seem like Armageddon to most traders. They would probably slash their wrists and maybe, just maybe, a few more banksters just might........Hmmm. 

Tue, 03/31/2015 - 15:29 | 5946256 QEbubble
QEbubble's picture

Bullish, Keep buying

Tue, 03/31/2015 - 15:30 | 5946263 buzzsaw99
buzzsaw99's picture

Eye of newt, and toe of frog,
    Wool of bat, and tongue of dog,
    Adder's fork, and blind-worm's sting,
    Lizard's leg, and owlet's wing,—
    For a charm of powerful trouble,
    Like a hell-broth boil and bubble.
       ALL.  Double, double toil and trouble;
    Fire burn, and caldron bubble.

Tue, 03/31/2015 - 16:24 | 5946494 Nobody For President
Nobody For President's picture

Then JUMP you fuckers...

Wed, 04/01/2015 - 00:25 | 5947570 StychoKiller
StychoKiller's picture

"Fillet of a fenny snake, in the cauldron, boil and bake!"

Tue, 03/31/2015 - 15:31 | 5946269 Thirst Mutilator
Thirst Mutilator's picture

Itchy Luciferians!

Tue, 03/31/2015 - 15:40 | 5946314 AbbeBrel
AbbeBrel's picture

Release the KRASHEM!!

Grandkids, you had better be good, or the Green Bernakellen will eat your social security all up, and rob your piggy bank too while you are sleeping...

Oops, too late.

Tue, 03/31/2015 - 16:48 | 5946569 Gambit
Gambit's picture

Lol, thanks for the laugh!

Tue, 03/31/2015 - 15:43 | 5946327 katchum
katchum's picture

Now put a perfectly inverse correlated gold chart next to it and you know what to do.

Tue, 03/31/2015 - 16:09 | 5946437 PTR
PTR's picture

Since BEFORE Lehman

Tue, 03/31/2015 - 16:51 | 5946584 Mr. Bystander
Mr. Bystander's picture

It's the mystery of the Shmita. Predictable 8yr cycle that coincides with the Hebrew calendar. Whether right or wrong this video is a must watch, he makes some interesting points...

 

https://www.youtube.com/watch?v=8TsYBuw6rko

 

 

Tue, 03/31/2015 - 17:13 | 5946662 besnook
besnook's picture

how does that go?....april showers, may flowers?  sell the house in spring? go away in may? something like that.

 

this is the perfect set up for an earnings driven vacation in may.

Tue, 03/31/2015 - 17:50 | 5946768 Shawnee
Shawnee's picture

watched the video bystander, been tellin' these mamalukes about the shemitah for a year now. get right with God, get your money out the bank and short the S&P!!

Tue, 03/31/2015 - 18:19 | 5946834 BringOnTheAsteroid
BringOnTheAsteroid's picture

I'm pretty sure that god only cares about Jews because they are the chosen ones. They say this, not me.

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