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Dow Dumps 400 Points, Gives Up All Post-Payrolls Gains
But bad news is good news, right?
Dow dumped 420 points off yesterday's highs back to pre-payrolls levels... Futures down from 18,093 to 17,675 for now...
S&P and Nasdaq remain green-ish...
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Since Lehman?
Send in the barfing unicorn.
It's just "sell in May and go away" coming 13 days early. Yawn.....
Janet can we please do QE 4 and 5 ASAP. What the fuck you waiting for?
Stawks will go down when governments stop printing. Never. Dow, DAX, FTSE all at all time highs.
It's all just a PR (Pre-Ramp) stunt. 33 Liberty used to work on bribery, now it's fear from the GCI Goon Election Squad. It's now called being "Fosterized"
did someone fart?
Can you smell it? Then it was you, if not, then it was me.
Speaking of since Lehman...Fund Manager Dave Kranzler is warning a liquidity shock has begun as reverse repos have suddenly gone parabolic for the first time since Lehman...indicating a derivatives accident has occurred...
I think, I can never earn over which I paid by my precedent employer, but I was wrong, world is so large to try their fate.but now I am making $92/hr even more, can easily minimum $1700/week, on the experience everyone must try to do work online, easy way to earn, here's an example what I do... www.globe-report.com
Did Yellen give a speach I missed ?
looking pretty fucking top heavey. SPX chart looks to be sputtering out. but where else you going to put your money if you dont believe in gold? and since when have payrolls ever mattered? its a LONG way down from here
I think the Fed/Yellen just got a margin call. Paging the PPT, hello, anyone home?
It looks like the PPT left early for the weekend...They'll be back Monday...
Not to worry, a big ole shot of Thorazine and a bit of electro-shock and the traders will be ready to jack it back up Monday......
I like me some junk-bond yield contagion, barbequed, with a side a fried grexit. Damn dat's good!
not to worry...
The Fed has no confidence in the recovery and Wall Street is trying to "pull the plug" on the biggest energy boom in human history.
Wake me up when it drops 4000...
Maybe real traders turned of the algo's for a few minutes.....
So what will the close be? Down 200, 100, even or green?
With 20 mins to go it is already off the lows.
Still got 2 hours. I'm looking for a stick save. Can't close a Friday with all this global uncertainty on a down side.
After hours can be pretty dark for stawk holders today. And then the loooong weekend ....
Not gonna happen. Since the top in March, the markets have closed weak in the last hour of trading, inidication of weakness. Prior to the top the markets used to close strong. I called the top on March 5th, and I am sticking to it. Today dow will most likely close down around 400 points vs a late recovery.
They'll let it happen when the DOW hits 200,000
one of he traders in a "moo, moo" jacket that Melissa Francis on Fox just interviewed just said in the open that today "we havent had the Plunge Protection Team coming in to save the markets like we're used to...."
i bullshit u not...
The moo moo man slips periodically and can be quite candid. The rest of the faux business people are clueless.
Something's wrong. Where's Wilson? [/trading places]
Where's Beeks? Where in Hell is Beeks? [/trading places]
Something's wrong. Where's Kocherlakota?
Where's Bullard? Where in hell is Bullard?
Cue the DEER! I wait all year for that!
That's not right. How can the price be going down? [/Mortimer]
Shearing the Sheeple ....
TIMBER!!!
At 2:33pm est, the Dow is down 1.86%; time for the HFT's to begin churning to mitigate the squeeze to set up the next squeeze....expect a 3:50pm -4pm 100 point increase, for a net -.755-1.2%...can't allow more than that in one serving....meanwhile there is little to no volatility.
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Well it is 3:45; countdown for the 10 minute rally +75-100pts between 3:50-4pm est....fire up the HFT's boys!!
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Last update - the HFT's have been hacked into by Russian and North Korean's, so the market goes where it should have. But they have the entire weekend to fix this.
smells like everything is awesome unicorn vomit
But Etsy went public yesterday and opened up 80%. EVERYTHING IS AWESOME!!!
A company that has never turned a profit, says they will probably never will turn a profit, and has no plans to turn a profit is worth $2.5 billion.
With values like that in the market, HOW CAN STOCKS EVER GO DOWN?????
Has anyone called Bullard or Yellen? They need to make an anouncement that rates will stay low through 2016.
Oh my, we are all the way back to where we were on April 8th! Hurry, get Yellen on the phone and call in the PPT, this is so out of control! This is the worst since Lehman and Paulson raped all of us American workers and gave the farm to Wall Street!
Can't we get some Goldman Sachs crony to come on the boob tube and tell us some crap about "easing" and "soft landings" and "green shoots" or something? Maybe Cramer could weigh in or some cute blond with big tits on CNN?
How will we know when it is time to BTFD?
Queue the MyRA ads!
'We're well off the lows! Well off the lows! Sqwack!'
DOW 26,666
DOW 6,666
Both.
Well it is raining in parts of the U.S.
Can we skip Q2 and Q3 and go directly to Q4?
What does the Community Chest card say?
Can I still collect $200 for passing go?
You can still collect 200$ but it wont buy you much seeing as everything is already owned and nothing is for sale.
Your best bet is to try and get in jail and stay there at this point.
Nyet, I'll hold on to my slum properties and raise the rents.
I wonder if Benny brought a whisper for his new employers so they could be on the right side of this. I'd like to think they're on the wrong side, staring coldly at him and saying: WTF is this?
Hollywood should remake Doctor Shivago in America.
Call it Doctor Goldstien.
The Red Army played by the usual suspects.
The White Army played by Oath Keepers, et al.
Lara played by Michelle/Mike Obama.
The Hildabeast could play Trotsky.
She really wants to play the role.
Does the DOW accurately indicate the true state of affairs
or is the DOW in need of calibration nowadays? As a metric,
do Z/Hers pay much attention to it, or do you feel it has little validity/efficacy/reliability?
just curious, Z/H.
If we had jobs, then we wouldn't be here for the entertainment. We would be working and investing our 401K's into the marquettes.
Dow back up next week hitting new record highs.
The Fed wont let it fall, they will secretely buy up every last bit... until there is no one left to sell to, at which point they will simply sell to themselves back and forth just to keep up appearances.
"Dow dumped 420 points..."
Heh heh heh.....