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"Spread Bet" Early Market Opening Indications: Stocks Tumble, Europe Crashes

Tyler Durden's picture




 

While there are still at least 4 hours until Sunday's first EUR price indications, which as we reported yesterday will likely switch "close only" mode for most FX brokers who still recall the horror of the SNB bait and switch, and just under 8 hours until the official open of US equity futures, one place to find out what investors are betting, literally, will be market levels at the open are UK spread bettors such as IG.

As the following screenshot shows, China's rate cut to halt its own market collapse may be promptly drowned out by the market's realization that contrary to clueless pundit ramblings, Greece was not "priced in."

*  *  *

There are markets open in The Middle East and Saudi Arabia and Dubai stocks are down 2-3% for now...

 

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Sun, 06/28/2015 - 10:26 | 6244079 Senduko
Senduko's picture

SHTF in T-minus...

Sun, 06/28/2015 - 10:35 | 6244119 Headbanger
Headbanger's picture

Wanna have fun?

Tell people you see or talk to today the market crashes tomorrow.

But don't say why.

 

Sun, 06/28/2015 - 10:53 | 6244184 remain calm
Sun, 06/28/2015 - 11:15 | 6244304 Fish Gone Bad
Fish Gone Bad's picture

Since bad things happen all together, now might be a great time for the rest of the PIIGS to revolt.

Sun, 06/28/2015 - 11:40 | 6244424 Save_America1st
Save_America1st's picture

well, those who exit first exit best...then the rest will be clamouring for the high ground as fast as they can.  Like a Tsunami coming.  The smart people see the tide go way out and they know it's time to get the heck outta Dodge.  Those who take their time and not paying attention won't have a chance to get away once that big wave comes barrelling in on them. 

Just like stackin' phyzz...better to be stackin' now while we still can get it rather than after the shit hits the fan when nobody will be selling for anything made of paper.

Sun, 06/28/2015 - 11:47 | 6244432 Bumpo
Bumpo's picture

Revolt, as in - millions of displaced PIGS flood Germany, France, Belgium, et al to get their benefits as legitimate members of the EU, not just some 3rd world refugees .. Unintended Consequences

Sun, 06/28/2015 - 12:13 | 6244617 mtndds
mtndds's picture

Nothing is going to happen tomorrow.  The NY FED will have everything under control, those fuckers.  Infact something will happen and the market will reach all time highs again.  This market is fucking rigged and we cant have the population know that everything is going to shit.  Just watch.  

Sun, 06/28/2015 - 12:34 | 6244739 kaa1016
kaa1016's picture

This is not a "Lehman" weekend. This is more like when the Bear Stearns hedge funds blew up almost 8 years ago to the day. The summer may be a little bumpy, but this doesn't become a truly systemic issue until the focus becomes the other Euro countries. Only at that point will the "crisis" start to spin out of control. Just go back and look at the 2007 - 2009 timeline for an idea of what to look for. 

Sun, 06/28/2015 - 15:06 | 6245630 Not Too Important
Not Too Important's picture

Or LTCM? Or Global Crossing?

What if the Fed did lose control, and printing trillions didn't work? It's all they have.

Thousands of years of planning down the shitter. Then add exploding nuclear power plants from age and pushing their parameters to the max...

It ain't going to get better. Ever.

Sun, 06/28/2015 - 12:37 | 6244754 sodbuster
sodbuster's picture

If Kevin Henry does his f'n job, we'll open ES 10 higher. Central planning at it's best. Keep the sheeple like mushrooms.

Sun, 06/28/2015 - 12:40 | 6244774 mvsjcl
mvsjcl's picture

Can't downvote you: We don't know "The Plan" thus anything's possible.

Sun, 06/28/2015 - 12:53 | 6244855 Obchelli
Obchelli's picture

After initial drop market will "unexpectedely" rally and yellrn will be showing who is the master and only strategy is to BTFD...  

Sun, 06/28/2015 - 13:14 | 6245002 FlyinHigh
FlyinHigh's picture

<---  Silver goes UP

<--- Silver goes DOWN

Sun, 06/28/2015 - 14:05 | 6245308 cnmcdee
cnmcdee's picture

The comments are awesome.  All jokes aside the Shemitah year  +/- 3 months has a 100% track record of predicting all market and macro economic contractions.  It completes on September 13, 2015. Oh shit. I just realized something.  A country every two weeks is now supposed to default, and in short order Mexico will too.  It will cause a  bank run inside the United States to the tune of $15 Billion / hr.  At the end of the day will be a banking holiday to last 3-6 months INSIDE AMERICA.  I strongly suspect that day will be September 12th, 2015.

Sun, 06/28/2015 - 14:07 | 6245320 UndergroundPost
UndergroundPost's picture

Silver and gold must crash with the market. Then when the whiteshirt shitheads who are holding gold paper realize they been bamboooooozled, the rush for real metal is on. BTFD

Sun, 06/28/2015 - 11:07 | 6244268 DeadFred
DeadFred's picture

I've been doing that for years now... for some reason they don't listen anymore.

Sun, 06/28/2015 - 11:08 | 6244275 Shad_ow
Shad_ow's picture

Touche!

 

Sun, 06/28/2015 - 12:00 | 6244549 Carpenter1
Carpenter1's picture

Contained

 

Sarc/ off

Sun, 06/28/2015 - 12:19 | 6244651 disabledvet
disabledvet's picture

Complained?

Fill out form 39-a with addendum c attachment r, include statement yellow explaining reasons for said complain and expected redress, make six copies and send via post mail within six days to the various agency officials listed above. If no reply is heard or a nagatibe reply is recieved request annulment under Act 12 decreed D...her is the paperwork acknowledging said rights and responsibilities

And then...

Sun, 06/28/2015 - 12:41 | 6244786 STP
STP's picture

No kidding, tried to educate my younger brother on what's going on.  Sent him the video with the Swiss guy, calling out his Government on deliberate Immigration of the unwashed masses to destroy what little is left of the white middle class and what does he send me back?  Some totally stupid, cornball Martial Arts clip, with guys flying fifty feet through the air and tearing each other's hearts out with a single swipe.  I was kind of insulted.  He said he'd rather have 'Entertainment' than be 'Educated'.  What a moron.  Might as well stand in line at the Supermarket and buy the magazines at the checkout counter;  People, Us and and on and on.  So he could know what Brad and Jen are up to, or if Princess Kate has a new 'Baby Bump'.   How nauseating.

Sun, 06/28/2015 - 12:53 | 6244851 DanDaley
DanDaley's picture

So when he comes to your house hungry, just say I told you but you wouldn't listen. Go watch youtube...you'll feel better.

Sun, 06/28/2015 - 13:29 | 6245122 nope-1004
nope-1004's picture

Been there myself.  Tried to outline to family about what is coming.  One sibling said to me in response, "have you joined a cult or is this opinion one of those religious thingy's?"

Don't waste your time.  We all have computers, internet, and the ability to research.  If, in this day and age, someone can't spend an hour of their week researching this failed financial structure, then the heck with them.

I've given up and don't really care anymore.  Meanwhile I watch my neighbor binge buy any POS that comes out.  Consumerism, Hollywood, and brain-dead media are to blame for the lack of thinking and personal initiative that engulfs our society.  And it's really quite sad given our research resources available today at our fingertips.  With all this, it appears we've become dumber.

 

Sun, 06/28/2015 - 15:10 | 6245650 Not Too Important
Not Too Important's picture

You can lead a horse to water...

At least we've done what our consciences have driven us to do. No more warnings. If they don't get it by now, too bad.

There comes a point when you can tell yourself, "I did the best I could". If not, keep trying. But if you can, then there's no need to lose sleep over anyone getting run over.

At some point, it's time to move on.

Sun, 06/28/2015 - 14:04 | 6245301 UndergroundPost
UndergroundPost's picture

Its GREAT fun. Have bets lined up that the market is down 200+ tomorrow. Should finally be able to pay off my Jeep!

Sun, 06/28/2015 - 10:37 | 6244132 rccalhoun
rccalhoun's picture

around noon, US stocks will rebound carrying the moniker 'safe-haven' risk assets. 

 

 

 

 

Sun, 06/28/2015 - 10:47 | 6244177 EhKnowKneeMass
EhKnowKneeMass's picture

Here's how it will play out.

Futures deep in the red on Monday
Market opens deep in the red on Monday
Yellen starts fluffing KFed, starting 9:45 AM, Monday
KFed responds by 12:30 PM
Markets start rising
A rumor from an unnamed ECB insider will be a breaking news in CNBS. Liesman will deliver the news that everything is solved.
Market hits green by 4 PM.
Futures rebound by early morning, Tuesday.
Back to normal when market opens on Tuesday.

Hope to be proven wrong, but...

Sun, 06/28/2015 - 10:57 | 6244218 jimcg
jimcg's picture

And although the S&P, DOW, and other indicis are up, most individual stocks get hammered. So it is written.

Sun, 06/28/2015 - 11:18 | 6244321 Fish Gone Bad
Fish Gone Bad's picture

You may be right.  On the other hand, everyone knows this has been coming for a very very long time.  Those in the know may be massively short and will get a pleasant payday.  Then they take their ill gotten gains and buy up oil and banks.  Lather rinse repeat.

Sun, 06/28/2015 - 11:31 | 6244392 PartysOver
PartysOver's picture

Those in the know may be massively short.

Which could lead to a massive Short Squeeze.  It has been know to happen on more than one occasional over the last few years.   If the Algo's sensse blood they will attack.

Sun, 06/28/2015 - 11:43 | 6244451 RiverRoad
RiverRoad's picture

Bet on all of it.

Sun, 06/28/2015 - 12:01 | 6244554 ThirteenthFloor
ThirteenthFloor's picture

+1. There has been a growing sense of circling sharks. Algos = "live by the sword, die by the sword".

Tyler, investors or speculators ? Anyone buying EU DIs was pure speculating, over the past say 2-3 years.

Sun, 06/28/2015 - 11:19 | 6244333 rccalhoun
rccalhoun's picture

it doesnt matter if greece exits the eu to us markets.  the us markets always find a reason to recover, because the fed , congress, the prez are all-in.  the truly elite ruling class is salivating at an epic crash, so they can physically own more of this globe.

Sun, 06/28/2015 - 11:18 | 6244330 BandGap
BandGap's picture

Or it could be once the stampede starts there will be no going back. The US market might just take off as a "safe" haven.

The markets will be halted while they plug the holes, that is for sure.

Sun, 06/28/2015 - 12:28 | 6244700 disabledvet
disabledvet's picture

Sure sounds good for the dollar. Who panic buys into equities though?

Treasuries is where everyone runs to....especially if the Fed really is going to raise rates come hell or highwater.

Gold and silver look set to be a dangerous levered bet as well as "country contagion" puts a premium on liquidity and depth and breadth of markets and not on something that is almost impossible to mine and no one ever sells.

Sun, 06/28/2015 - 11:59 | 6244548 Kirk2NCC1701
Kirk2NCC1701's picture

"Relinquishing all False Hopes, Pretenses and Illusions, and accepting Reality, is the first step to true Wisdom" -Kirk

Sun, 06/28/2015 - 11:18 | 6244326 RiverRoad
RiverRoad's picture

Somebody's gonna make a lot of money tomorrow.  Heck even J. P. Morgan shorted his own bank.  You can bet Soros, Buffet, et al are perched on the fences waiting for the bodies to stink.

Sun, 06/28/2015 - 10:40 | 6244147 Evil Peanut
Evil Peanut's picture

dump everything into precious metals

Sun, 06/28/2015 - 11:04 | 6244252 Winston Churchill
Winston Churchill's picture

Not yet. Several months of grace periods and margin calls ahead.

PM prices will fall for a while yet, but getting actual delivery may be the real problem now.

Sun, 06/28/2015 - 11:17 | 6244312 Yancey Ward
Yancey Ward's picture

While the shit has been in transit toward the fan blades for over 5 years, the fan keeps being moved.  I still expect, before tomorrow morning's openings that the fan gets moved again.

Sun, 06/28/2015 - 12:20 | 6244652 Winston Churchill
Winston Churchill's picture

Its one of the old fans with pot aluminum blade holders.

Eventually they just break, and the blades fly off into the shit.Not the shit hitting the fan,

the fan hitting the shit.

Sun, 06/28/2015 - 14:42 | 6245496 Ralph Spoilsport
Ralph Spoilsport's picture

I still have and maintain an old Robbins & Myers 3-speed fan. It's the quietest fan in the house and throws more air on low speed than most fans today can manage on their highest setting. The minimal fan shroud offers almost no resistance to the air but is considered a safety hazard today. The blades are brass, bolted to a cast iron hub. I can't remember the brand of fan that was known for throwing blades. There must of been a hundred different brands by the late 1930's.

I saw a newish paddle fan throw a blade when it was running flat out on my cousin's porch. It got out of balance and wobbled enough that it tore itself loose from the plastic mounting box on the rafter before it could be turned off.  It ended up hanging by the wires but the blade ended up in the potato salad. He should have taken another 10 minutes and put a proper metal mounting box up when he installed it.

Sun, 06/28/2015 - 12:50 | 6244836 gatorengineer
gatorengineer's picture

US s&p will be green at some point tomorrow.  The ppt has been training for this event.

Sun, 06/28/2015 - 15:12 | 6245665 Not Too Important
Not Too Important's picture

But how much will it cost?

I know, it doesn't matter, but I'd still like to know.

Sun, 06/28/2015 - 10:27 | 6244087 Brazen Heist
Brazen Heist's picture

But the Eurocrats told us Greece is no big deal.

Sun, 06/28/2015 - 10:27 | 6244088 azura888
azura888's picture

What price does EURUSD open at? USDJPY open below 122.5 running all those stops?

Sun, 06/28/2015 - 10:27 | 6244090 bigkahuna
bigkahuna's picture

Needs one heck of a big "correction"....needs a frickin' slaughter before I come back....

Sun, 06/28/2015 - 10:28 | 6244092 Infinite QE
Infinite QE's picture

Everything but gold/silver will be green by eod Monday.

Sun, 06/28/2015 - 12:07 | 6244584 Puncher75
Puncher75's picture

Good news. I'll be buying like monkey in a banana Whorehouse.

Sun, 06/28/2015 - 10:28 | 6244094 jmcadg
jmcadg's picture

Shorted Dax at 11520 on Friday close, could be interesting!

Sun, 06/28/2015 - 10:29 | 6244096 Osmium
Osmium's picture

Last second stick save, all will be fine.

Sun, 06/28/2015 - 10:30 | 6244100 Farmer Joe in B...
Farmer Joe in Brooklyn's picture

Good bye, Deutsche Bank...I'd say it's been nice knowing you, but it really hasn't....

Sun, 06/28/2015 - 10:30 | 6244102 Farmer Joe in B...
Farmer Joe in Brooklyn's picture

Good bye, Deutsche Bank...I'd say it's been nice knowing you, but it really hasn't....

Sun, 06/28/2015 - 10:31 | 6244106 F0ster
F0ster's picture

Will be interesting to see how PMs open this afternoon.

Sun, 06/28/2015 - 10:54 | 6244208 Osmium
Osmium's picture

Lower?  Always a reason to sell paper gold.

Sun, 06/28/2015 - 10:31 | 6244108 jimfcarroll
jimfcarroll's picture

-283? Not enough.

Sun, 06/28/2015 - 10:31 | 6244109 Guentzburgh
Guentzburgh's picture

EASY MONEY  Euro crashes !  only for those with the ability to trade ....

Sun, 06/28/2015 - 11:06 | 6244265 ThrowAwayYourTV
ThrowAwayYourTV's picture

Get ready to buy!

Sun, 06/28/2015 - 11:29 | 6244380 Guentzburgh
Guentzburgh's picture

YES! Please do,  Euro is only breaking slightly,  safe buy for sure, I mean the debt of Italy, france, portugal, netherlands, and on and on is safe, Germany's Schäuble guarantees to do whatever it takes ...

Sun, 06/28/2015 - 12:26 | 6244690 Kaervek
Kaervek's picture

Since when is debt bad for currency valuations? The USD says otherwise, 18 trillion and still going strong like a mofo - it doesn't even compare!

Sun, 06/28/2015 - 10:35 | 6244118 FreeShitter
FreeShitter's picture

Is the different this time. Stocks will be green and why worry? We gay marriage to look foward to comrads. All is fine.

Sun, 06/28/2015 - 10:35 | 6244121 thesonandheir
thesonandheir's picture

Will be interesting to see if they 'switch off the circuit breakers' if it gets too bad too quick tomorrow.

Sun, 06/28/2015 - 10:40 | 6244150 Stanley Lord
Stanley Lord's picture

There will be no crash.

Sun, 06/28/2015 - 11:30 | 6244386 RiverRoad
RiverRoad's picture

Only what they orchestrate happens.  Beware a pop up....then Lucy pulls the football.

Sun, 06/28/2015 - 10:42 | 6244154 Racer
Racer's picture

And by the end of the day it will be green and 'fixed', well they are 'fixed' "markets" and have been for a very long time

Sun, 06/28/2015 - 10:43 | 6244159 unionbroker
unionbroker's picture

im 100% cash so it will be interesting to watch and not worry

Sun, 06/28/2015 - 10:48 | 6244181 Parsecs Taxi
Parsecs Taxi's picture

Which currency?

Sun, 06/28/2015 - 11:45 | 6244464 Baa baa
Baa baa's picture

Really?

Sun, 06/28/2015 - 10:45 | 6244167 cherry picker
cherry picker's picture

Great opportunity for laundering money, there is a ton on the sidelines and if banks just keep the transactions to themselves instead of reporting to big bro there may be enough incoming to save the day.  Greece should look into this.  I would.  Money is money and who cares where it has been?

After all do you know if the cash in you wallet paid someone for a hit, or to buy a hooker or coke?  I don't and I don't care as that side of life is unstoppable and most of .gov is complicit in these things.

Sun, 06/28/2015 - 11:47 | 6244474 ThisIsBob
ThisIsBob's picture

Did someone say  "hookers and coke?"

Sun, 06/28/2015 - 10:45 | 6244170 RushRoolz
RushRoolz's picture

PPT at the ready, complete with the PM monkey hammer battalion. Dollar and NYSE go up because "everywhere else sucks" will be the messaging.

 

Sun, 06/28/2015 - 11:59 | 6244546 litemine
litemine's picture

Two quotes come to mind for "You"

The higher your are , the farther you have to fall.

and

There is a greater weath differencial of not having enough to having enough,

than of having enough and of having too much.  

Sun, 06/28/2015 - 10:46 | 6244171 williambanzai7
williambanzai7's picture

Sun, 06/28/2015 - 10:47 | 6244178 surfvin
surfvin's picture

You thought Lehman was bad wait til you get a load of deutsche

Sun, 06/28/2015 - 10:59 | 6244225 Osmium
Osmium's picture

Since Deutsche ® ?

Sun, 06/28/2015 - 12:45 | 6244811 STP
STP's picture

Why worry, they're just "Duetsche Bags" anyway.  Funny, how all their top tier execs and CEO's have been bailing out recently...

Sun, 06/28/2015 - 10:50 | 6244189 Able Ape
Able Ape's picture

Since bankers have been orchestrating theft and deception since 1649 and it MAY seem that the bases are loaded in a TIE game with the cleanup-hitter at the plate in the bottom of the 9th with a 3-0 count; the Central Banker pitcher on the mound is not even breaking a sweat...Someday the system will implode but TOMORROW will be easily and adroitly handled...

Sun, 06/28/2015 - 10:54 | 6244206 CHC
CHC's picture

The Fed's Plunge Protection Team is fired up and waiting in the wings!!

Sun, 06/28/2015 - 11:12 | 6244294 chilller
chilller's picture

You wouldn't happen to have a flame thrower handy...would ya?

Sun, 06/28/2015 - 11:39 | 6244435 Baa baa
Baa baa's picture

Finding a wrecking ball would be a cinch! They are everywhere around there.

Sun, 06/28/2015 - 11:40 | 6244441 chisler
chisler's picture

Yes, they have the biggest shit cannon they could find on standby.

 

https://fasab.files.wordpress.com/2012/08/david-cannon-spraying-manure.jpg

Sun, 06/28/2015 - 10:57 | 6244216 surfvin
surfvin's picture

Counterfitters Olympic Games gets underway Monday

Sun, 06/28/2015 - 10:57 | 6244217 Racer
Racer's picture

They will ban selling stawks and euros, and ban buying gold and silver

Sun, 06/28/2015 - 11:21 | 6244345 Fish Gone Bad
Fish Gone Bad's picture

Last time they banned shorting the markets and buying inverse ETFs.

Sun, 06/28/2015 - 11:00 | 6244227 Finnman
Finnman's picture

I think stron rebound later next week. Buy, dax soars to 13000

Sun, 06/28/2015 - 11:00 | 6244229 Raoul_Luke
Raoul_Luke's picture

Oh, I think Geece was priced in.  But what's currently being priced in is what happens after the Grexit.  Portugal is right behind them.  And if you believe Ms. Le Pen, France is ready to follow.  Which automatically means so will Spain and Italy.  This was never about Greece (alone).  As many people pointed out, they were too small and insignificant to worry about.  But now that it appears they will indeed leave, it starts the rest of the domines into motion.

Sun, 06/28/2015 - 11:38 | 6244423 Tinky
Tinky's picture

No kidding? It's not about Greece alone?

Huh – who'dathunk?

Sun, 06/28/2015 - 11:00 | 6244230 I am Jobe
I am Jobe's picture

Sheeples in the USA too busy with vacation planning. Can't be bothered. 

Sun, 06/28/2015 - 11:06 | 6244264 Evil Franklin
Evil Franklin's picture

They'll be bothered when come July 4th weekend their ATM signals "closed for business come back tomorrow".

Sun, 06/28/2015 - 11:37 | 6244420 RiverRoad
RiverRoad's picture

Planning on spending vacation Drachmas in Greece maybe????

Sun, 06/28/2015 - 11:55 | 6244527 Motorhead
Motorhead's picture

Ouzo is good and cheap and tastes great after a couple of heaping scoops of tzatziki.  Mmmmmmh.

Sun, 06/28/2015 - 11:54 | 6244521 Motorhead
Motorhead's picture

What, Europeans don't plan/use their six weeks of vacation?

Sun, 06/28/2015 - 11:02 | 6244239 cherry picker
cherry picker's picture

America, do you think if 10% of your citizens went to the ATM's to withdraw their maximum quota of deposits the banks could handle it?

After all it is your money, isn't it?  Where is it?  Who has it?

That is what the Greeks are asking themselves.

Why do you think the Troika is stunned, they thought they could force/bullshit this through but hadn't counted on a couple on non-pol guys who don't bullshit calling their bluff.

America and the EU are so over exposed that they are in danger of a free fall.

Bring back Glass-Seagal, outlaw derivatives, work within non deficit budgets, charge the crooks and bring them to trial, close criminal corps such as Goldman Sachs and leave the military spending to those who are being invaded for self defense.  This bullshit has gone on too long without control, and oh yeah kick out Obama and crew for fraud, breaking the oath, lying and drone murders of suspects.

The above will go a long way to fixing things.

Sun, 06/28/2015 - 11:23 | 6244355 FrankDieter
FrankDieter's picture

Well said.  Time to charge Goldman Sucks with fraudulent crimilarity, the most crooked outfit there is.

Sun, 06/28/2015 - 12:30 | 6244711 Bastiat
Bastiat's picture

Racketeering.

 

Sun, 06/28/2015 - 12:57 | 6244882 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

Criminal Syndication.

Sun, 06/28/2015 - 14:03 | 6245295 Max Cynical
Max Cynical's picture

RICO

Sun, 06/28/2015 - 11:03 | 6244247 ThrowAwayYourTV
ThrowAwayYourTV's picture

 The last thing the banksters want is to show the world that they can be beat. This is going to be interesting. Will the banksters let the wheels come off, or will the Greeks be able to hold off for the win?

 

 

Sun, 06/28/2015 - 11:08 | 6244276 franzpick
franzpick's picture

Only 7 more hours til the start of the Brussels bleedout at 3pm PT. Watch it live here, free, with DAX the probable downside leader, off 3-4%:

http://www.investing.com/indices/us-30-futures-advanced-chart

Sun, 06/28/2015 - 11:09 | 6244280 thismarketisrigged
thismarketisrigged's picture

ya, if this does happen, then the next day or even that same day, we will get bs rumors of how they have reached a last second agreement to avoid a grexit, and all these rigged ''markets'' will recover all there losses and finish slighlty in the red or green, and then the very next day shoot up 5-6 percent.

 

in the u.s, we will here how greece does not matter, but when the bs rumors start to hit how it is fixed, we will have bob pisani and steve liesman telling us how ''traders'' are cheering a greek deal, u know the same greek deal that did not matter to the ''markets'' a few hours prior.

 

these ''markets'' should all lose 60 plus percent of there value if they wanted to be fairly valued, but a drop due to some political game will just be propped right back up on a bs rumor.

 

we can only pray that this is the real shtf moment, but unforutnately it will most likely be just another day where the fucking fed and ecb manipulate the '' markets''

Sun, 06/28/2015 - 11:16 | 6244285 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

Betting on the casinos (instead of in them) tells you all you need to know. It is going to take more than a system reset to fix this problem.

It is exactly this type of mentality that whatever new system put in place will just end up like the previous one.

Sun, 06/28/2015 - 11:11 | 6244286 Armed Resistance
Armed Resistance's picture

The BATS system's "apology page" for the market breaking has been reworked to include a more soothing color palate and will be ready early tomorrow.

Sun, 06/28/2015 - 12:51 | 6244841 motorollin
motorollin's picture

All shades of red have been changed to taupe.

Sun, 06/28/2015 - 11:21 | 6244343 Sanity Bear
Sanity Bear's picture

So how many times the amount of Greek debt was lost in market cap as a result of the failure to reach agreement?

Sun, 06/28/2015 - 11:35 | 6244407 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Tel Aviv is down 1.8 per cent, a bad day at the office, but that's all.

 Mario will print, everyone else will BTFD and watch Greece burn. In the real world, life will go on.

Sun, 06/28/2015 - 11:37 | 6244418 gmak
gmak's picture

Never bet against the FED. But, never bet against the ABYSS when it finally walks up to the table.

Sun, 06/28/2015 - 13:04 | 6244936 Phoenix901210
Phoenix901210's picture

I liked that comment so much I had to do more than click the little green button. Posted on facebook. :).

Sun, 06/28/2015 - 11:54 | 6244514 Motorhead
Motorhead's picture

Really?  You mean the market didn't already "price-in" this "news"?  Holy mackerel, Andy!

Sun, 06/28/2015 - 12:11 | 6244530 European on my ...
European on my shoe Jimmy's picture

I personally have a short on the SPX. 'the sp500 since early last week. I'm in the money.
Now I doubt that short position because I'm a contrarian. Ergo if they are calling for 'blood in the streets' trading, come official opening of markets. I'm now more inclined to go 'Long' they the 'elites' will not permit a 'Rothchilds Napoleon' Blood in the Streets' moment.
Just my musing on the markets come Monday opening

Sun, 06/28/2015 - 12:05 | 6244542 One And Only
One And Only's picture
Panic Among Hedge Fund Investors in Greece

June 28th

"That question is particularly acute for the hedge fund investors — including luminaries like David Einhorn and John Paulson — who have collectively poured more than 10 billion euros into Greek government bonds, bank stocks and a slew of other investments...."

""People are freaking out,” said the 32-year-old Mr. Papapolitis, his eyes red and his voice hoarse. “They have made some really big bets on Greece."

"A number of hedge funds have also made big bets on Greek banks, despite their thin levels of capital and nonperforming loans of around 50 percent of assets.

They include Mr. Einhorn at Greenlight Capital and Mr. Paulson, both of whom have invested and lost considerable sums in Piraeus Bank. Fairfax Financial Holdings and the distressed investor Wilbur Ross own a large stake in Eurobank, one Greece’s four main banks.

Big positions have also been taken in some of Greece’s largest companies. Fortress Capital bought $100 million in discounted debt belonging to Attica Holdings, Greece’s largest ferry boat holder. York Capital has taken a 10 percent stake in GEK Terna, a prominent Greek construction and energy firm.

In 2014, Blackstone’s credit arm bought a 10 percent chunk of the Greek real estate developer Lamda Development. And Third Point, one of the earliest, most successful investors in Greek government bonds, has set up a $750 million Greek equity fund."

http://www.nytimes.com/2015/06/29/business/dealbook/panic-among-hedge-fu...

Sun, 06/28/2015 - 12:32 | 6244725 Bastiat
Bastiat's picture

Sometimes you lose. 

Sun, 06/28/2015 - 11:59 | 6244544 starman
starman's picture

Game on! 

Sun, 06/28/2015 - 12:02 | 6244560 Deathrips
Deathrips's picture

CAR!!!

 

Rips

Sun, 06/28/2015 - 12:08 | 6244591 steveo77
steveo77's picture

Stats and charts on the decimated sea lion populations in california

http://nukeprofessional.blogspot.com/2015/06/pacific-seals-dying-enmasse...

Sun, 06/28/2015 - 12:08 | 6244592 Atomizer
Atomizer's picture
Turn those machines back on!

http://m.youtube.com/watch?v=j4SRsGn14PI

Sun, 06/28/2015 - 12:09 | 6244594 Loanman26
Loanman26's picture

The FED plunge protection team is just waiting for enough of shorting to come to the table before they begin their work.

Be careful folks.

 

Sun, 06/28/2015 - 12:15 | 6244627 Midnight Rider
Midnight Rider's picture

Then don't short. Just sell what you have to the Fed.

Sun, 06/28/2015 - 12:59 | 6244899 Lex_Luthor
Lex_Luthor's picture

...and buy the fucking gold

Sun, 06/28/2015 - 12:14 | 6244622 marcusfenix
marcusfenix's picture

the real question is do the banksters even want the PPT to step in at this point?

after all, there are plenty of recently re-built 401k's and whatnot available for the plundering.

but they would need the right crises, a 2008 redux, financial armageddon is nigh complete with blood in the streets and mass panic type of deal.

can Greece provide that?

the feds have certainly spent a lot of time, money and resources prepping for something...

jade helm, the TPP fast track and a grexit.

never let a good crises got to waste... or stop one from happening at an opportune moment.

I think there is a better then average chance that there will be multiple deer sightings tomorrow.  

 

Sun, 06/28/2015 - 12:53 | 6244858 Meat Hammer
Meat Hammer's picture

This is all pretty simple, it's the same game-plan as 1929: you use the muppets to inflate your asset prices, you sell your assets at the highest price to the dumbest of dumbfucks and then pull the ripcord.  All assets drop to pennies on the dollar, you use all of your dry powder that you accumulated from your asset sale to aforementioned dumbfucks to buy back said assets from said dumbfucks at pennies on the dollar.  Now you own the world and the dumbfucks are begging you to supply them with their daily bread...and feel free to take away some of my pesky freedom in order to keep me alive.  After all, you can't eat Liberty.

Same as it ever was.

Sun, 06/28/2015 - 12:20 | 6244626 HenryHall
HenryHall's picture

wrong thread, sorry

Sun, 06/28/2015 - 12:23 | 6244675 Atomizer
Atomizer's picture

DHS warns of a gay rainbow flag terrorism plot. NSA is still analyzing Facebook accounts and Vonage/Magicjack VOIP user's. 

/sarc

Sun, 06/28/2015 - 12:27 | 6244695 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

Can you see this coming? 'Due to a fire in a Wall Street power substation, the NYSE opening will be delayed.'

Sun, 06/28/2015 - 12:35 | 6244742 Atomizer
Sun, 06/28/2015 - 12:44 | 6244803 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

George Soros and friends already have truckloads of short positions. Guess they don't want any party crashers to disrupt the plan (by covering shorts before it's time).

Sun, 06/28/2015 - 18:28 | 6246597 resaci
resaci's picture

Get it on, bang a gong – get it on. OH

 it be real, when short trades halted, many markets many miles, contagion’s Ragin - while - my guitar gently weeps.

You were inverted - look at you all.  OH baby I love you all day long, love you good time. I want to be with you every day.

I want to tell ya why. I wish I could sell one, wouldn’t want to be long… brake those chains that bind you.

Yesterday’s seasons are no disgrace. Battleships travel very far and then they’re there. A smile upon your face. Caesars palace, Silly human race…l

I can feel it coming in the air tonight. It’s all been a pack of lies. I been waiting all my life for this moment, OH lord!

The hurt doesn’t show, the pain will grow – OH lord!

Hey jude don’t make it bad. Hey jude refrain! Let it out & let it in - liquidity that you need is a sad song made better, better, better - na na na na na na na na na na na na na na na na…..

 

LIGHT’S OUT

 

Meanwhile I’m still thinkin

Sun, 06/28/2015 - 12:39 | 6244745 Quinvarius
Quinvarius's picture

So the central bankers are going to stop printing money, to put fake prices on the computer screens, and let the confidence inspiring matrix, which keeps them out of prison, fall apart, due to an event that was totally forseeable?--This time? 

Sun, 06/28/2015 - 12:46 | 6244815 European on my ...
European on my shoe Jimmy's picture

I'm currently 'Water Boarding' myself in Guiness at my local, waiting for 'Authurs' intoxicating liquor to direct me to press the green 'long' button or the red. I have made more money being pissed than sober !. If that's not contrarian, I don't know what is !!.

Sun, 06/28/2015 - 13:00 | 6244831 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

I have purchased more stuff on eBay pissed than sober! LoL!

Stock brokers should change the "MARKET ORDER" button to a "BUY IT NOW" button.

Sun, 06/28/2015 - 12:50 | 6244832 Md4
Md4's picture

If Greece is to have any shot at a decent future, they must now follow through, and bolster their government with ballot box support.

The needle has been seriously moved by their leaders sick of troika mistreatment.

The PEOPLE now need to respond in sufficient electoral force to drive the country out of endless economic repression, without recovery. The loans made to Greece can someday be repaid, but NOT like this.

It is YOUR future, too.

What kind of future do you have now?

What will be different a year from now?

m

Sun, 06/28/2015 - 12:50 | 6244833 Phoenix901210
Phoenix901210's picture

That number on the FTSE can't be right surely? A 50- 80 point drop is a vertical tumble for the FTSE. -211?

No longer any jokes about 'worst since Lehman'. It could become: So much worse THAN Lehman.

Sun, 06/28/2015 - 12:54 | 6244861 Catalonia
Catalonia's picture

Turn on the printers!

Sun, 06/28/2015 - 13:11 | 6244980 Phoenix901210
Phoenix901210's picture

Or the zero's on the computer. Imagine it's a guy a bit like 'the keymaster' in the second matrix in a little room getting an order and adding zero's on a computer. 0000000 <Enter>

 

The negative powers think they're so great but they really are pathetic.

Sun, 06/28/2015 - 12:56 | 6244876 Jungle Jim
Jungle Jim's picture

And precious metals prices go either nowhere or straight down. Just as I am forced to sell some more.

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