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Stocks Slammed - Dow Tumbles 350 Points Into Red Year-To-Date
Well that escalated quickly...
Stocks pre-open bounce failed to spark any momo and selling pressure is accelerating on heavy volume...
Dow down 350 points from yesterday's highs...
Dow is now back into the red year-to-date...
Charts: Bloomberg
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Not to worry. Yellen gets in the office at 10:30am
Where are all the ZH'ers proclaiiming the "Black Swan" has arrived and her name is China.
Remember, there is no crash, only corrections. There is no default, only rollovers and refinance. Our reality is defined by words...and nothing else.
Volume is back. Might do yesterday's total in a couple hours today.
..."Black Swan" has arrived and her name is China…
"Black Swan" is racisss. The correct tern is "Black Cockatoo". I think? ;-)
Looney
Slamming and Tumbling...
The NYSE is nothing but a greedy mosh pit.
Evidently the drugs wore off. Now it depends on when their dealers can get them a fresh supply......
rollin' and tumblin' ? https://www.youtube.com/watch?v=uuXcGHjBeac
iwatch for the save?
Bueller...?
"Brak Sran"....
Barack Swine.
Looking for a black cockatoo?
Check the Oval Orifice, I hear Reggie is back in town
I would think the oval orifice has become somewhat elongated and flacid from 6 plus years of heavy boring, which might cause gases to accumulate in there should there be any further scroto-rooting. Can you say ass-farts boys and girls? I betcha can.
"There are no Black Swans, there is only Zuul".
If it happens and it looks like a Black Swan, then it was planned and executed to look like a Black Swan.
Lead Zeppllin
Ironic coming from someone actually using their valuable time to comment on ZH, thus making you a ZH'er. Even more ironic coming from someone with a handle of "PartysOver."
Irony is our middle name
There is no "black swan" event coming from a parabolic market dropping 7%
Yellen gets in at 10:30?
Until then Bernanke & Best New Friends can HFT.
Yes, and we've crashed, CRASHED I tell you, right back to where we were....on the 8th of April!
I'll be much more impressed when we get to where we were in October last year!
DavidC
I have a freind who always asked what he should buy, but -never- acted on it. starting with microsoft in 93 or so, gold in 98, ect ect, appl a few years ago, this time, he asked, I said cvs is a good safe bet whatever comes, he actually bought. and he calls when it goes down 1 buck, I wont be answering any future calls.
11:00 on friday, she gets a shave and a bowl cut from Stooges Boutique in the red light district on Fridays.
Diamond District.
Hahahaha thanks for the laugh!
a 400 pt dow loss
could be interesting ..
I guess it's time to put on my parachute.
Parachute does not help if you're underwater
Well played. +1
Reminds me of the Futurama episode where the spaceship crashes into the ocean. The crew begins questioning how many atmospheres of pressure the hull could withstand, to which the professor replies: "Well, it's a space ship, so I'd say anywhere between zero and one".
Black Swan played for Marquette University in the 1970's
I hazily remember seeing Black Swan open for Sammy Hagar at the Chico State football stadium in 81.
Black Swan is the stage name for that bombs away stripper at the Soggy Dollar Saloon
... a receiver for the Steelers in the 70s and 80s?
Quick, get one of the standard issue Fed stooges to go out and, appropos of nothing, make a statement to the press that the Fed is probably on course for raising interest rates but not till 2019.
It's early, they'll recover by the end of the day. Now's the perfect time to BTFD.
Or for the bears, you can tell the SHTF moment is nigh, by the way gold is soaring - look, it's well over 1200 - commercials are finally losing it! (or it's option expiry day).
The infamous ZH bottom-tick article confirms your theory. Buy everything that isn't nailed down.
must've been a ton of calls sold to the muppets up there.
Not to worry, it's gonna be "crazy pills" and green by 3:30 PM.
looks like the PPT overslept
Must be a temporary shortage of crazy pills.
Tbey'll be Yellen for 'em on Monday, though...
Shutup and btfd.
The problem with stupid people is that they don't always behave as one would expect.
+1 just for your name
Let me be clear, there is no Fed equity market put... [/William C. Dudley, President and Chief Executive Officer Remarks at Bernard M. Baruch College, New York City]
translation: It isn't a market, it is a policy tool.
Forgot to mention, isn't this where one of the exchanges has to "break"?
Every time selling momentum gets under way one of the exchanges "breaks". Funny, never happens when the market's taking off upward. I wonder why.
Hardware redundancy? Duh, what's that?
Have to wait until all of the right people are in the right position, then market break to cue the v bottom. I also wonder if they don't decline to break the markets from time to time to maintain the illusion of randomness.
Top of Bloombergs webpage "consumer sentiment climbs to second-highest since 2007" WTF over?
It's just a slip-up on the writer's Type Assist on his/her iPad.
It's supposed to be "conning", not "confidence". Then the article makes sense.
Buy, baby, buy.
Unless it goes beyond 10% this is just another Dip.
BTFD!
Que the A,B,C ralley. Monday will be a blood bath for bulls.....
No substance behind this whatsoever, but (in my best "Cramer voice") this just "feels" like a sell-off day.
Maybe the NY fed employees had a party planned for today and the redeye from LA carrying the hookers arrived early.
Yeah they're going on a joint "venture" with the DEA, heard they were spotted at the home depot buying cordless drills, hole saws, plywood, and duct tape.
No nail guns?
. . . . but (in my best "Cramer voice") this just "feels" like a sell-off day.
For Crammer that should go; "This just feels like a jerk-off day.".
Gee....my miners all seem pretty happy this morning. Nice to see so much green for a change.
BTFD...... HaHaHaHaHaHaHaHaHaHaHa.
What happened to ZH chat?
OT for those interested in the EX-Im Bank
This Company filed for Ch 15 bankruptcy protection yesterday.
http://dailysignal.com/2015/03/25/how-a-300-million-bet-on-an-australian...
Deleted - sorry about that . . .
Cramer is getting married this weekend....who would marry that mouth????
this is just Greece pulling out of the west....no contagian here....lol
A few more downticks and as soon as Europe closes, beware the PPT [plunge protection team]. Nothing says SHTF like shorts being forced to buy into a Friday close.
www.traderzoo.mobi
It will not matter. By the end of the day the market will be back to a modest loss. This is the elites only way forward. They have screwed this whole country up and this stock market manipulation is just a symptom of the larger problem corruption problem.
Just setting up the next round of short squeezin'...
The Chosenites know a thing or two about herd management.
Crash motherfucker! Crash!
I thought they outlawed selling in the usa "markets"? Get the Plunge Protection Team on the phone ASAP!
They are currently unavailable, en route to Chicago.
Does this mean anything for metals prices?
nope...as of right now, it's pretty flat. wait...what do you mean by saying "mean"? as in correlation to a DOW drop or the amount of rigging that will go on?
These numbers have as much relation to reality as figures on the industrial grain output of Gondor.
SPY volume was dead last few daze with the Federal chop Higher, wiped out all that "gods works" in one hour this morning.... Did moar volume already than the whole day yesterday.
silly Hobbit...everyone knows grain is imported from Rohan.
Bill W. (1929)
"By that night, I was broke. I went to a speakeasy and got loaded.
"Only later did sobriety teach me that the stock market was rigged."
Continues......"I had a hunch that it was and didn't go with it, instead I used traditional metrics and ignored the only advice that has worked for 7 yrs staright up: JUST BUY THE MOTHERFUCKING DIP< FER KRISSAKES"!!!!!!......and then borrowed at no interest 20,000,000,000 FRNs from J Yell, no questions asked, and bought the -350 dip, and will repay the entire 20 Billion + no interest, though I may give J Yell a coupon to get a human head transplant from the $40 Billion I will make by next Friday.". My name is Lord Blankfein, and I'm a solidly connected Newew York Jew along with all my partners, who have ""made"" trillions since 2007", courtesy of the American TAxpayers, the fools."
TYVM.
What happened, I just woke up...what are all these pictures on my computer?
Go back to bed... Nothing out of the ordinary...
What time do they club the VIX and monkey hammer this thing green? I just BTATFH!
Those are not the droids we are looking for.
MESSIAH OBAMA WILL SAVE US ALL!
What we really need is for the government to mandate some sort of automatic contribution into the Wall Street banks via a "retirement" account. Then the stock market would NEVER go down! If only we had brave and brilliant leader who could sign an executive order to make this happen...perhaps even force conversion from current IRA/401K plans into the before mentioned mandatory plan.
One can only dream....
https://myra.treasury.gov
Captain's turned on the Seat Belt sign.
No problem Folks, just a litte turbulence.
Colonel Kurtz would like to acknowledge the horror of it all.
https://www.youtube.com/watch?v=VKcAYMb5uk4
You want liquidity, there's your liquidity. See, it's running down your pant leg right now.
Don't worry, Hitlary is on the campaign trail assuring the voters that she cares about the average American. She will make sure that an ex Goldman Sachs cronie becomes the next Treasury Secretary who will emulate Paulson and do what they do best, and give all their cronies on Wall Street a free pass to continue raping and pillaging the planet.
The stock market algo's will love it, so BTFD !!
My rattlesnake portfolio i have been building this year is sure looking pretty today. I making money..... But u know if they wanna hold off all corrections till I get my large tax refund this summer that sure would be nice!
Forgot to check "max pain" on puts and calls before I bought the all time high. Is there still time to sell at a loss before the double bottom is in and we run like crazy into the close?