This page has been archived and commenting is disabled.
This is not normal... Dow futures moved over 4,500 points intraday today!!!
- advertisements -
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
I predict a violent rally tomorrow which will provide cover for sellers who see longer term weakness coming. Something like today but in the opposite direction. It will be followed by more selling. By mid-September we should be at 14,000.
Bear market normal... welcome to the bear market
If there are any black hat hackers out there, please posse up your friends!
We NEED you!
We need the hackers to take out the Plunge Protection Teams' algorithms AND/OR their ability to manipulate the market.
In this desperate hour of government intervention idiocy, we need heroes to usher in a new era of REALITY back into the markets!!!
HELP WE NEED YOU NOW!!!
Electronic warfare will not solve these problems.
The only way to win is not to play the game.
Right before the 29 crash the markets became real unstable. It's what happens when the pump the crap out of the indexes.
I was thinking the same thing. A dead cat bounces more, the higher it is dropped from.
To me, this should be 100% proof to the American people, and the rest of the world, that the markets are being manipulated. The market was stopped 1200 times today. 1200 fucking times. If that's not manipulation, I don't know what the fuck else to call it. http://money.cnn.com/2015/08/24/investing/stocks-markets-selloff-circuit...
If this market does in fact rebound to major new highs within the next year or two, Armstrong will have won me over.
Welcome to the new "normal" where "Just Us", the TBTJ and TBTF must never lose.
Picking up pennies directly in front of a road roller would be safer (and provide a more merciful end) than participating in these markets. Very dangerous without continuing reliable inside information.
normal is abnormal and abnormal is normal
The important point is that the DOW was up by the close.
Insanity is the new normal
New? I'd say it's been normal for a long time.
Interference pattern from short squeezes, muppet stop-stomping, PPT stick saves, and smart money crowding the exits.
This see-saw day should keep the pro-am crowd on the sidelines tomorrow and we can watch the real show.
I don't even dare to turn my fan on cause the ponzi house of cards is starting to crumble.. Just remember when your on a QE high everything is great , until it isn't... Not to mention the additional 30T injected since 09. This situation is mathmatically impossible so I know were done
+1
Right on, mister.
Are you up for a little morning extrapolation? The PBOC surely saw the appearance of 30 trillion starting in 2009, and must have said "if the US central bank can buy trillions in bonds from their member banks who then bought stock with the proceeds, why can't we, the central bank of China, exempt ourself from the short sale/uptick rule we recently passed and make the Shanghai market go way down before covering and buying it back?"
All the squawk boxes at the Chinese Merrirr Rynch offices will tell China people to hold tight; that the market's coming right back.
"Same as selling bonds and buying Dow 30."
Math is not reality.
I hope the fireworks continue, but I expect not.
Oh they will. They may missfire a few times and even smolder before the big fianle. Sadly many will be burned and it will not only be those on the first rows. But the show must go on, it cannot be stopped now.
As said above, we're done. Just waiting for the big bang.
https://www.youtube.com/watch?v=IasCZL072fQ
FED BTFD
This is like a PID controller, but the FED is losing control of the "D".
It must be a wonderful feeling selling into that synthetic market strength knowing the PPT 'sgot your back.
At least for now.
Shake and Bake!
My favourite sane guy, Dr. Marc Faber, chimes in with his views. It could over sell way much more as it has in other panic periods. Yikes.
https://www.youtube.com/watch?feature=player_embedded&v=mVhUh6CgT9k