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Nasdaq Drops Below 5,000 'Maginot' Line; S&P Unchanged In 2015
The Nasdaq has once again dropped below its crucial "everything is awesome" 5,000 level. This follows The Dow losing 18,000 and The S&P losing 2,100 and is back to unchanged in 2015. Somebody do something!!
Small Caps are notably red year-to-date and The S&P is almost red...
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Who is maginot?
This may be the start of it folks...Oil is in full collapse. Pay attention to this...
It'll ramp back, there is no reason to panic.
Sounds like a time to buy then? AMIRITE MR. YELLEN!?
The "NASDAQ NOOSE" tightens its grip.
Not quite yet, we're good for another Gallipoli out of the trenches charge. Of course there's the problem of surviving and there will be a lot of bodies littering Wall St. before it truly collapses.....
History's first double depression? After the fictitious depression of 7 years the stock market finally crashes in reality, as the damage is already done and no one remains to uphold the fiction - then the real depression starts. Will it be another 7 years? 7 Talmudic cycles?
Or even 7 to the power of 7? Lagarde may know more than Yellen in regard to that future Herstory.
In case you weren't being sarcastic, A very expensive BS defense system, the Germans simply
went around.Another glorious French feat of arms.
Ahhh, you're heard of the sho sho.
https://en.wikipedia.org/wiki/Chauchat
pods
Winne, The Maginot Line wasn't BS , it was a good defense system for the war that had just been fought (WWI). Alas, 20 years later, a different war got fought, and a static emplacement that did not allow guns a 360 degree range was not too useful...
https://en.wikipedia.org/wiki/Maginot_Line
Admirals and Generals are always prepared to fight the last war, never the coming one.
The F35 should be renamed the "maginot'.
Its the same folly as relying on carrier groups.The world has moved on in 70 years,
but still the USN is fully ready to refight the same WWII in the Pacific again.
It will not end well.
It was a heavily fortified alpine line of French redoubts, probably the most modern of its style in history. The thought was that it would keep zee Germans out, unfortunately they just drove their tanks around it. I use it as an adjective for abject failure.
Wouldn't using simply the word "French" do just as well?
So...Did the squiggly line cross the Maginot line?
Or, did the squiggly line cleverly go around it?
The Maginot line was a tribute to French stupidity.
It's how the French refer to cocaine.
Something outside the US.
Dont worry.
Ignorance is......
It's almost as if commodities have been trying to tell us something....... almost.
Yeah Gold up $11......but I am so gun shy now...after all fo the monkey hammers...wait for it...wait for it...
That fat lady has been singing for awhile.Her grand finale is next.
Meanwhile, as all the world's pensions get wiped out with bad investments, Hillary is in the poor house once again....
http://www.dailymail.co.uk/news/article-3202295/Sea-views-sweeping-lawns...
Tough being poor
They'll probably strip it of the furniture and valuables before they leave like they did the White house. That's what poor Billbillies do.
Doubt it.Thatched ceilings and animal skins left by Moochele are not suitiable
for rich trailor park trash.
LOL
I'd forgotten about that. Jesus, they're nothing but a bunch of bloody criminals.
What a pair of gross looking humans.
I can't imagine why anyone would like to live in such a stuffy formal home. No wonder they screw around and snort coke.
If I had the money I'd live in a nice yurt off the beaten path.
http://naturalbuildingblogcom.c.presscdn.com/wp-content/uploads/beautifu...
Miffed
Europe just closed, watch the buying begin.
Amazon better get busy reporting a huge loss so the stock can jump 20% and help the "markets".
Nice 10 month support at DJIA 17,000. except it will never hold and the next step down is another bear market lower low at 16,750, down 3% more:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=DJIA&insttype=&freq=1&show=&time=8
Paging Kevin Henry, Kevin Henry, please pick up the white courtesy phone...
We should all know better by now but for those of us who don't, let me assure you that within a couple of days the big bounce will make another showing in the nick of time.
Does Janet Yellen have hunting licence for bears, or can we dance now?
the fed has a no bag limit on bears...endangered species or not
Gold being capped at 1%. Will she blow or will she hold?
She will eventually ejaculate to the moon, but not just yet.
Obama administration, our government subsidizing product efforts are not yielding new record growth.
Green by the close.
Of all the troubles in humankind we are surely nearer to the end. The NASDAQ is now down 4.41% from its high on Jul 20. Investors that bought it 1 year ago are only up 10.45%.
We're all going to get phucked for a chicken.
"Somebody do something"
Let's try this
BTS, your suggestion makes more sense than almost any of this so called "professional analysis"
offered on ZH or anywhere else for that matter.
What difference does all this technical bullshit make if eveyone in charge of this sinking ship is lying about and/or manipulating
nearly everything associated with the markets?
Just checked the fridge and I'm out of fenny snake. I'll put something up on Craig's List, but if you know where I can get some....
thanks
The Maginot line was only as good as Belgium was closed.
Amazing - the consternation & handwringing over a few points drop and a .25 rate hike... What will it be like when a 'healthy' 10% correction ensues...? Yep, that's right. Nothing, because it won't be allowed to happen...