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Dow Tumbles To Overnight Lows, Down 650 Points From "Greece Is Rescued" Highs
But risk was contained? Greece didn't matter... Once Europe was closed the selling would stop?
Dow is down 650 points from lats week's jubilant highs...
Not going well for that containment...
Charts: Bloomberg
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nO oNE could see this coming....
"The (EU) freaks don't want no Greeks". Eagles.
EXCEDRIN HEADACHE #107.... "I thought it was covered..."
the unnerving thing is everyone saw it coming which makes me believe they made it come, perhaps as test case for the rest of the insolvent sovereigns, for an orderly pillaging and plundering of the wealth of the eurozone. all it takes is one nation to stand up and say fuck the eu and fuck the empire for humpty dumpty to fall off the wall.
There, fixed it!
Where are the BTFDers? There's supposed to be BTFDers!
Around.
Hang-on baby, 15:30 is coming.
The BTFD's always show up at 15:30 just like Gandalf appears at Helm's Deep at dawn...
[Maybe the sell-side should recruit an army of the dead; zombie buyers would be appropriate under the circumstances...]
LOL!!!!
They sure do appear at this time. Although watching this little area on TF to see if they decide to ramp early. See when you BTFD you still need a plan. BTFD gets raped and pillaged just like the morons who blindly short the market because they read soom doom article with chart porn. Common sense can save some cents.
Yep, have to patient with this dip. Don't think they have created enough panick yet. When they do, then BTFD
Continuing the theme of move analogies...
No BTFDers coming at 15:30?
This market reminds me of the scene in Harry Potter and the Prisoner of Azkaban where Harry and Sirius Black are being attacked by Dementors in the woods, and Harry is convinced his father will appear and conjure a Petronus Charm to repel the Dementors and save them.
After waiting, with no one appearing and the Dementors continuing their murderous attack, Hermione finally screams:
"No one's coming! You're dying, both of you... and no one's coming!"
The trillions that Yellen is handing out are not enough?
Only if you belong to the Primary Dealer club...then its hookers and blow...
Will my $ 100.00 BTFD Bet make a Difference
What I want to know... Is if Greece is in this situation over 80 Billion Euros, and Puerto Rico is in their situation for like 75 Billion Dollars, does that mean Puerto Rico is the Greece of America? I know the Puerto Rico thing is a little less important in the grand scheme, but if Puerto Rico gets to default, what's stopping California? Or the 20 other states that are also insolvent at the moment?
You can bet that our central bank is going to be infinitely more extravagant with the printed money than the ECB. After all, we're a nation of exceptionalism and everybody is still rallying around the flag. Whoever PR owes their money to, Uncle Fraud will buy those securities (if they have paid their bribe money) and give them more capital to play with. Americans will pick up the tab as always.
Tis but a scratch!
Off subject, Arizona is getting weird again.. They have already changed their story twice and the only reason it is out at all is because he crashed near major gas line.
"The F-16 that crashed near the US-Mexican border belonged to the Iraqi air force, and was flown by Brigadier General Rafid Mohammed Hasan, training with the Arizona Air National Guard...."
"Initial reports identified the aircraft as belonging to the 162nd Wing of the Arizona Air National Guard, based out of the nearby Davis-Monthan Air Force Base. The 162nd also conducts international training for F-16 pilots from the Tucson International Airport, according to its website. Reuters reports pilots from nine countries, including Iraq, are among the trainees"
http://rt.com/usa/270022-iraqi-general-f16-crash/
I'm going to buy-the-shit out of this dip !
The bad news: we're still falling.
The good news: we haven't hit bottom yet!
We got a lovin' thing, we gotta feed it right
There ain't no danger we can go too far
We start believing now that we can be who we are
Greece is the word
As the Algos Turn. New day time TeeeVeee.
WIll Caitlyn Algo sell into the close and risk that Algo sex change operation? Turn in this afternoon.
If the Dow isn't down minimum 300 points today, this 'market's' rigged...oh, wait......
TIME TO BUY MOAR STAWKS