This page has been archived and commenting is disabled.
"Some Folks Are Selling..." Dow Down 350 From Highs, Futures Plunge Below 18,000
Bond yields are collapsing and US equity markets are not happy this morning. The Dow Industrials are now up only 1.2% year-to-date, and over 350 points from last week's record highs (as Trannies are down over 8% YTD).
Bonds are ripping lower in yield...
And Dow futures just lost 18,000...
Charts: Bloomberg
»
- 12107 reads
- Printer-friendly version
- Send to friend
- advertisements -
BTFD
"We sold some folks.".... err, no, Obama couldn't say that.
awwwww. he he.. you know you're going to hell for that right?
The sky is falling.
some machines are selling - there are no folks left.
The same range-bound disease that has infected gold the last few years seems to be spreading to other asset classes.
They can't adjust because there's no direction they can go that doesn't end in quicksand. They keep hoping for a market breakout, but not in that direction.....
You really made a good point and that is why we see this up & down sideways movement; it is squeezing the crap out of the short term traders. The general direction is a smudge upwards, then a 2-3% correction, then more up & down with a .5-1% new record, the rinse and repeat. Notice that volatility, which should be high; died in one day in Late March if I recall my losses.
------------------------------------------------
You cannot win without inside information, better to buy tampons and metal of all sorts. I have been disabled since my mid 40's and am 1 medical crisis from bankruptcy and have 2 children under 15. Obamacare takes about 45% of the disability for the year before using it and the high deductibles means you never really use it. Someone is laughing all the way in just collecting money for nothing. I digress again; going to go watch Gunsmoke; the June Harvey YouTube channel has all 20 seasons.
Gold/Silver down big as well.
WTF? Where's the "money" going?
Better find some more little companies to buy bigger ones.
The bottom is in. Worry thee not.
Haven't seen VWAP in most indices since 9:35, if algos get there will we see a renewed wave of selling, or the typical short-covering spike if they get any headroom above that orange line? Popcorn sales to traders skyrocketing today, so many interesting things to watch ...
Surprised the "Let's-get-to-VWAP-before-Fischer" algos are havin' such trouble :)
We shorted some folks.
if i had a penny for every 10 people in the past year who assured me that - RIGHT NOW - usd was to begin its slide
recession/deflation at hand
see everyone @ 10yr yield 1% (eventually)
Not to worry, with the global economy swirling in the toilet, everybody is investing in anything dollar based. That way the rest of the world goes down first, then the USA tanks taking the last of the economy with it. I need to buy a matched set of plow horses for my bright future.....
I got greased real good in the oil patch; so feel good on my misery.
The roller coaster can't make it up the next hill without diving down this one.
On and on, up, down, around and around.
Whether the clients make money or lose money, Duke and Duke collects their fee.
Step right up and place your bets, gents!
A new game starts every morning.
Options exp day....btfd
Turn those (HFT) machines back on!
Naaaah! Their line in the sand is 18k, 2.1k and 5k. You watch, it will end around there or better by evening. They will take out the shorts and then have a melt up tomorrow....or even today....on no volume.
I love the smell of the DOW burning in the morning. It smells like, it smells like VICTORY.
CRASH n' burn, motherfucker!
Already see the rigged casino "markets" drifting back up higher...
Likely green or close to green by the end of the day.
BTFATH and go back to sleep and drool on yourselves mother fuckers!
Just the sideways with a downward flavor to squeeze out the traders before moving sideways in the upward direction. Just watch the Apple bounce up and down between 126 & 131 and you see the micro-picture.
I just covered my TZA bought Friday close. 5.42% profit, the only time I think I have ever made money from that triple leverage dog. I scrambled for the proffered scrap of meat & took it gratefully ... after the last 6 years of fuckery, how can I 'have faith' we will correct more?
That's because I sold all my Greenbrier and bought B shares of Qingdao Hello Kitty Vibrator Company on the Shenzhen.
Fuck these USSA penny stocks - The East is Red bitch!
Do you know what this website needs?
Some angry lesbian members, real dykes who are straight off of the streets.
Now that would be entertaining. Let's make that happen.
Entertain me goddammit!
Lesbians & dykes is so yesterday, man. The contemporary term is muffdiver, eh, get with the programme!
You forgot Carpet Muncher.
Sic enough, they prefer the "red carpet"; considered a delicacy. Yaaaakk. Then again, likely better than the "stool on the tool" flavor; does anyone see anything "natural" about that? We completely digress.
Would you be referring to someone who has a "licker license'?
Gold and silver, otoh, will continue their slide to new lows, breaching the 11/14 and 3/15 troughs. Stay away, let it drop, pick up some bullion at NEW DISCOUNTS!
Last -Strike
56.3
Last-Strike/Strike
245%
WAY Out
of the money
PutPrevious Close Premium
0.3
Volume
5,488
Volume Change
5,341
Volume/
Volume Change
97%
Open Interest
13,957
Open Interest Change
113
We recovery.gov'd some folks.
Hey May's not over yet.