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Dow Up 1000 Points Off Opening Lows

Tyler Durden's picture




 

Well that un-escalated quickly...

 

 

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Mon, 08/24/2015 - 13:11 | 6464056 brucekeller
brucekeller's picture

China, you guys suck at PPT.  

Deez Nuts 

Mon, 08/24/2015 - 13:12 | 6464073 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

I don't think it's over yet

Mon, 08/24/2015 - 13:14 | 6464088 TruxtonSpangler
TruxtonSpangler's picture

Remain calm! ALL IS WELL! https://youtu.be/2jqQsDklQEM

Mon, 08/24/2015 - 13:16 | 6464099 VATICANT
VATICANT's picture

What crash?

Mon, 08/24/2015 - 13:18 | 6464119 Tom Servo
Tom Servo's picture

Kevin earned a case of Budweiser today!

 

Mon, 08/24/2015 - 13:32 | 6464213 MalteseFalcon
MalteseFalcon's picture

Kevin is going to need to bring his check book tomorrow and every day.

Mon, 08/24/2015 - 13:34 | 6464229 ThaBigPerm
ThaBigPerm's picture

Retail investors (however many are left) locked out of selling this morning by well-timed "glitches", and being direct to toll-free phone numbers to complete trades right about the time PPT members likely began selling the same lot of Apple stock back and forth, bidding it up as they pass it back and forth ... nah, #notriggedatall

Mon, 08/24/2015 - 13:36 | 6464238 TongueStun
TongueStun's picture

I told you all this morning to buy the fucking dip

Mon, 08/24/2015 - 13:38 | 6464248 ThaBigPerm
ThaBigPerm's picture

Hold onto that thought.  PPT must have taken a coffee break or broke out the "MISSION ACCOMPLISHED" banner and went home.  It's rolling over again! :D

Mon, 08/24/2015 - 13:40 | 6464260 Headbanger
Headbanger's picture

Yeah cause I told y'all there would be a dead kitty bounce.

http://www.zerohedge.com/news/2015-08-24/deutsche-bank-sums-it-fragility...

Mon, 08/24/2015 - 13:51 | 6464311 Santini Air
Santini Air's picture

1000 pts?  "Just because"

Mon, 08/24/2015 - 13:57 | 6464337 SoilMyselfRotten
SoilMyselfRotten's picture

It un-escalated quickly as un-markets do

Mon, 08/24/2015 - 15:01 | 6464711 ThaBigPerm
ThaBigPerm's picture

It's un-un-escalating quickly too

Mon, 08/24/2015 - 16:11 | 6465154 Tall Tom
Tall Tom's picture

The Plunge Protection Team ran out of Ammo...

 

Dammit Janet...Print moar ammo...fast. The hordes are crashing through the defenses.

Mon, 08/24/2015 - 18:24 | 6465867 trulz4lulz
trulz4lulz's picture

No more sell! Onlry buy!!!

Mon, 08/24/2015 - 13:19 | 6464125 froze25
froze25's picture

So biggest point swing, ever? at least in the top 5.  Something smells like Hillary Clinton's (insert expletive)

Mon, 08/24/2015 - 13:24 | 6464165 Disc Jockey
Disc Jockey's picture

Jesus man...I just threw up in my mouth...truth or not, stow that visual.

Mon, 08/24/2015 - 13:41 | 6464261 Utah_Get_Me_2
Mon, 08/24/2015 - 13:43 | 6464271 pods
pods's picture

They used to use ammonia in those smelling salts but found the scent of "Hillary after a 5k" worked better.

In fact, they are going to start using that to revive dead people.

pods

Mon, 08/24/2015 - 13:58 | 6464343 SoilMyselfRotten
SoilMyselfRotten's picture

Don't do them any favor

Mon, 08/24/2015 - 20:09 | 6466369 Yohimbo
Yohimbo's picture

it wont revive dead people it makes them rot faster

Mon, 08/24/2015 - 13:21 | 6464147 TeethVillage88s
Mon, 08/24/2015 - 13:39 | 6464257 hongdo
hongdo's picture

Geez. Don't do this to me.  Why did I ever come back to the US?  This video brings back expat memories.  For the younger guys: go to Asia.

Mon, 08/24/2015 - 16:09 | 6465135 svayambhu108
svayambhu108's picture

That video is more like between bubbles pop. Tap and pop.

Mon, 08/24/2015 - 13:45 | 6464284 sleigher
sleigher's picture

I will admit, this is fun to watch.  Even if I am watching the world I live in explode.

Mon, 08/24/2015 - 13:17 | 6464111 KnuckleDragger-X
KnuckleDragger-X's picture

Nope, but they have to keep doing it while the rest of the world tanks, but I'm not worried, Cramer is confident, heavy on the con part....

Mon, 08/24/2015 - 13:38 | 6464247 Burnbright
Burnbright's picture

Just another weekend at Bernie's!

Mon, 08/24/2015 - 13:57 | 6464338 Viffer
Viffer's picture

If there was was one video that perfectly captures what is coming it would be the end of "The Perfect Storm"

 

https://www.youtube.com/watch?v=W9Tdw5nG4dQ

 

Mon, 08/24/2015 - 14:32 | 6464515 CrimsonAvenger
CrimsonAvenger's picture

I would suggest this instead - https://www.youtube.com/watch?v=zBWbpFz3wac.

Mon, 08/24/2015 - 13:13 | 6464078 markmotive
markmotive's picture

Don't count your chickens yet. The real EM collapse is coming...

http://www.planbeconomics.com/2015/08/christine-hughes-on-emerging-marke...

Mon, 08/24/2015 - 13:14 | 6464086 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

Why you steal my avatar?

Mon, 08/24/2015 - 13:15 | 6464092 markmotive
markmotive's picture

I've been using this avatar for years now...

Mon, 08/24/2015 - 13:20 | 6464121 falak pema
falak pema's picture

just get married.

even same sex now OK.

You have a duty to your symbol.

Comrades and bed fellows.

Mon, 08/24/2015 - 13:21 | 6464138 Kozak
Kozak's picture

LOL. Two Communards arguing over property rights....

Mon, 08/24/2015 - 13:23 | 6464157 knukles
knukles's picture

Hah

Mon, 08/24/2015 - 13:26 | 6464174 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

LOL you know I'm mocking it, right?

Mon, 08/24/2015 - 15:34 | 6464927 IridiumRebel
IridiumRebel's picture

If there is someone who is reading ZH and NOT knowing you are mocking, they should turn their CPU off and immediately go run into traffic.

 

Mon, 08/24/2015 - 14:29 | 6464501 mc225
mc225's picture

LOL

Mon, 08/24/2015 - 13:22 | 6464149 HonkyShogun
HonkyShogun's picture

Commie Fight!

Mon, 08/24/2015 - 15:23 | 6464848 IridiumRebel
IridiumRebel's picture

What is that? Obama fighting Hitlery?

Mon, 08/24/2015 - 14:21 | 6464466 Slomotrainwreck
Slomotrainwreck's picture

Who stole who's what?

Mon, 08/24/2015 - 13:22 | 6464156 TeethVillage88s
TeethVillage88s's picture

Latin American Bank stocks are on sale on the foyer.

Mon, 08/24/2015 - 13:21 | 6464140 Lugnut
Lugnut's picture

Dear Plebes,

 

BTFD has now been officially replaced in the lexicon by BTFC - Buy The Fookin Crash

 

Signed

The PPT

Mon, 08/24/2015 - 14:57 | 6464690 pac522
pac522's picture

They can suspend trading but how long can they suspend reality?

Mon, 08/24/2015 - 13:11 | 6464060 IridiumRebel
IridiumRebel's picture

Kevin Henry on Crack!!!!

Mon, 08/24/2015 - 13:11 | 6464062 Stackers
Stackers's picture

Get your crazy pills here. Red hot crazy pills fresh out of the oven !

Mon, 08/24/2015 - 13:19 | 6464131 KnuckleDragger-X
KnuckleDragger-X's picture

Gimme a dozen and I'll wash them down with unicorn pee.......

Mon, 08/24/2015 - 13:11 | 6464063 JustObserving
JustObserving's picture

God showering his blessings on the land of the free.  Or Old Yeller's put.

Mon, 08/24/2015 - 13:14 | 6464085 crackpuff
crackpuff's picture

You mean a golden shower for those buying the dip

Mon, 08/24/2015 - 13:15 | 6464097 saints51
saints51's picture

or goldman sachs giving golden showers. After all they are baals chosen.

Mon, 08/24/2015 - 13:12 | 6464065 Greater Fool
Greater Fool's picture

"Please resume your normal activities. Everything is fine."

Mon, 08/24/2015 - 13:12 | 6464070 SHEEPFUKKER
SHEEPFUKKER's picture

Most. Retarded. Day. Ever.

Mon, 08/24/2015 - 13:17 | 6464109 1stepcloser
1stepcloser's picture

As if Brawndo went publc today or something...

Mon, 08/24/2015 - 13:18 | 6464124 813kml
813kml's picture

This is the date that Buynet became self-aware.

Mon, 08/24/2015 - 13:30 | 6464207 Gambit
Gambit's picture

Lol!!! +1000... in this depraved world, ZH is truly a bastion of sanity.  Love the witty comments and the comradery

Mon, 08/24/2015 - 13:31 | 6464209 Bastiat
Bastiat's picture

It's first day of self awareness and it gets to experience embarassment.  "Oh shit, was that too much?"

Mon, 08/24/2015 - 13:18 | 6464123 Jethro
Jethro's picture

Whats a trillion dollars amongst friends?

Mon, 08/24/2015 - 14:06 | 6464378 NotApplicable
NotApplicable's picture

Good thing that Cramer was right about all of that "money on the sidelines just waiting for the bottom."

Mon, 08/24/2015 - 13:29 | 6464197 crackpuff
crackpuff's picture

Don't look now. It could still close down 3%. And again, and again

Mon, 08/24/2015 - 13:13 | 6464077 BurningBetty
BurningBetty's picture

QE4 har officially started...they just haven't informed and disclosed yet.

Mon, 08/24/2015 - 13:32 | 6464214 HungryPorkChop
HungryPorkChop's picture

Welcome to the escalating FIAT currency war as countries are stepping in to protect their markets using every means necessary.  China just got schooled. 

Mon, 08/24/2015 - 13:50 | 6464296 BurningBetty
BurningBetty's picture

How much money poof'd into nothing through margin calls and how much more did the FED expand its balance sheet by CTRL+P'ing to bounce the market back up 1000 points? What's another few hundred billion in the pool of trillions...meeh.

Mon, 08/24/2015 - 14:21 | 6464459 prefan4200
prefan4200's picture

Re: your question on the Fed expanding its balance sheet, just look at all the red volume on the bottom of the chart above, beginning at the rise and continuing through the rise.  Compare that blotch of red to the tiny volume for most of the rest of the day, except very early.  Maybe you can't see how much the Fed spent in that chart, but you can sure as fuck see how much the Fed bought.

Mon, 08/24/2015 - 13:33 | 6464220 HardlyZero
HardlyZero's picture

Today proved QEx is just another few apps mentioned in an e-mail...that was all that drove the market.  App heard around the world?   appy, appy, appy, so appy.

Mon, 08/24/2015 - 13:37 | 6464242 actionjacksonbrownie
actionjacksonbrownie's picture

You mean Mr. Yellen didn't send kramer dude an email this morning?

Mon, 08/24/2015 - 13:42 | 6464269 AL_SWEARENGEN
AL_SWEARENGEN's picture

The USD has been crashing alongside US stocks.  Is this a response from the US to the Asian brethern that we can devalue just as well and tank your markets in the process?

Mon, 08/24/2015 - 13:13 | 6464079 Argenta
Argenta's picture

Ok, I know *what's* going on, but I'm a little fuzzy on exactly how this happens.  Conceptually I see how it might work but there's got to be a money trail here...

-Argenta

Mon, 08/24/2015 - 13:31 | 6464208 Yancey Ward
Yancey Ward's picture

That money trail is surely laced with cyanide and arsenic.  Follow it at your own peril.

Mon, 08/24/2015 - 13:14 | 6464082 MATA HAIRY
MATA HAIRY's picture

if you look at the 30% percent crash from september 19 to mid october of 2008, there were plenty of days that went green...so this aint over by any means....

 

It took over a year for the market to drop by 60 percent or so from 2007 to 2009...so it might easily take several months this time..

Mon, 08/24/2015 - 13:15 | 6464095 VATICANT
VATICANT's picture

Or like 4-6 weeks.

Mon, 08/24/2015 - 13:28 | 6464194 Bryan
Bryan's picture

It takes that long because TPTB can't have their winnings erased in just a day.  So a few phone calls are made, orders are placed, algos are tuned, and the market 'recovers' miraculously.  THEN and only then do the big boys make their shorting positions to be done over then next several months.

Mon, 08/24/2015 - 13:14 | 6464087 devo
devo's picture

Nothing to see here.

Mon, 08/24/2015 - 13:14 | 6464089 saints51
saints51's picture

You got to laugh. This is just a false flag if you want to call it, making sure everyone does not panic sell. Is it not clear yet? Then when it is time,which is soon, POOF!!!! The show is over. In summary, do not let this get you pissed and down. It is all part of the plan and we will have our justice.

Mon, 08/24/2015 - 15:18 | 6464808 Stumpy4516
Stumpy4516's picture

I thought about this being a false flag to lull others into buying the dip for the real fall.

But what if it  not.  Was this China making an economic attack.  And if so, the attack was not of much success it seems.  If it was China what will be the response?  Another chemical warehouse explosion or something more?  Or would China not wait and instead make another attack first.

 

Mon, 08/24/2015 - 13:15 | 6464091 BarbaricRelic
BarbaricRelic's picture

The stock "recovery" is as real as the general economy's "recovery".

Only on Wall street can you FAIL all day long and still be rewarded thanks to Big Government/TBTF. Well, threre is that and being a welfare parasite. 

Mon, 08/24/2015 - 13:21 | 6464139 LawsofPhysics
LawsofPhysics's picture

Yes, since 1971 (at least in the u.s.) new money creation has not required any real collateral. Bankers and financiers are nothing but useless middlemen between the computer/printer where money is created and the producer/consumer in the real economy.

Off with their heads! Time to cut out the middle man!

Mon, 08/24/2015 - 13:15 | 6464093 Dr. Engali
Dr. Engali's picture

Now back to our regularly scheduled distraction.

Mon, 08/24/2015 - 13:21 | 6464143 KnuckleDragger-X
KnuckleDragger-X's picture

Handloading ammo while hitting the rotgut, I'm all over it......

Mon, 08/24/2015 - 13:15 | 6464094 NRGTDR
NRGTDR's picture

SNB loading the boat. 

Mon, 08/24/2015 - 13:16 | 6464098 Wilcox1
Wilcox1's picture

Interesting how the down spike was on a full day's volume and the reversal a low volume melt up.

Mon, 08/24/2015 - 13:21 | 6464141 Pareto
Pareto's picture

+1.  And if it doesn't reverse today - they will sell those candle whicks tomorrow...all......day.......long.  There is no reason to be a buyer here.  Redemptions will be hot and heavy.  Especially after the ramp job of this morning!  Its like God giving everybody a second chance to get the fuck out!  Thanks Janet, Tim et al.  Something the Chinese could only dream of.

Mon, 08/24/2015 - 13:17 | 6464100 BizDuck
BizDuck's picture

Lesson learned. There is nothing the printing presses and the PPT can't correct in the stock market. The whole thing is an illusion or a "matrix" of an unreal world. As long as this world of illusion exists and the perception by the masses is strength in U.S. Markets, then there is no chance investors will run to the BRICS, the AIIB or any other exchange, even though their governments know they are getting screwed and push for the change.

Mon, 08/24/2015 - 13:17 | 6464106 adr
adr's picture

Come on Goldman Sachs made an easy 25% on NFLX in one hour.

THAT IS HOW YOU DO GOD'S WORK!!!!!!

Retail investors on the other hand couldn't have got their orders filled this morning in a million years.

So what are the odds of a 2000+ point swing in the DOW in three hours? One in 100 billion?

Wasn't in on Friday that I said the machines would lead us to this point when decades of trading would happen in a single day. That we would watch in awe as thousand point moves occurred hourly and there would be nothign we could do to stop it.

 

Mon, 08/24/2015 - 13:20 | 6464134 ParkAveFlasher
ParkAveFlasher's picture

So, in the green for the day, yet millions of legitimate positions completely wiped out by the transient shock wave.  Sounds like the place to park my money.

Mon, 08/24/2015 - 13:25 | 6464170 fed_depression
fed_depression's picture

1 in 1 US Fed

Mon, 08/24/2015 - 13:17 | 6464108 Callz d Ballz
Callz d Ballz's picture

Who in their right fucking mind in the financial world thinks this is normal??? 

 

Mon, 08/24/2015 - 13:19 | 6464126 TeethVillage88s
TeethVillage88s's picture

As of March 31, households and nonprofits held $24.1 trillion in stocks. That’s both directly, and through mutual funds, pension funds and the like. That also includes the holdings of U.S.-based hedge funds, though you’d have to think that most hedge funds are held by households.

Using the Dow Jones Total Stock Market index DWCF, -1.05% through midmorning trade, that number had dropped to $22.32 trillion.

http://www.marketwatch.com/story/households-still-hold-22-trillion-in-st...

11:51 AM ET.

Mon, 08/24/2015 - 13:21 | 6464144 Greater Fool
Greater Fool's picture

In just a few years, crash-and-recovery will be a couple of minute bars on the day's chart. Us organic beings will hardly even notice.

Mon, 08/24/2015 - 13:17 | 6464112 LawsofPhysics
LawsofPhysics's picture

Yawn. What are you guys worried about. Just had a delicious lunch for 10 Real. Got cash motherfuckers...?

"Markets". - LOL!

Mon, 08/24/2015 - 13:17 | 6464113 Seasmoke
Seasmoke's picture

I see nothing but a Chart of Theft.

Mon, 08/24/2015 - 13:18 | 6464117 holgerdanske
holgerdanske's picture

You are all  (well the majority at least) supporting this farce by re-electing the one fascist government after the other.

It is smoke and mirrors and it will not succeed in the longer run.

It will continue until you realize paper money is just paper, and a promise.

 

 

Mon, 08/24/2015 - 13:51 | 6464310 PoasterToaster
PoasterToaster's picture

How do you not elect these so-called governments?  Would be nice to know.

Mon, 08/24/2015 - 14:20 | 6464458 holgerdanske
holgerdanske's picture

Abstain from voting. Support candidates like Ron Paul (or dare I say it - Trump!)

Anything to remove support for the military and industrial complex.

A good start would be to buy gold and not participate in the scam you have of a stock market.

Throw your TVs out and stop consuming blindly.

Many ways to skin the cat, but one thing is for sure, if you continue taking the easy options and just go with the flow, what you have is what you will get.

Another 8 years with a fake president.???

I am not sure the world will survive that.

In my humble opinion.

Mon, 08/24/2015 - 13:19 | 6464130 FeelinFine
FeelinFine's picture

Who exactly is buying?

My best guess is the fed and corptocracy.

Mon, 08/24/2015 - 13:24 | 6464167 1stepcloser
1stepcloser's picture

ultimately My grandkids apparently, via the man

Mon, 08/24/2015 - 13:26 | 6464177 Lugnut
Lugnut's picture

My best guess is the trading desks that are eating all this on the buy side will be taking their prrofits off the table before Wednesday close.

Mon, 08/24/2015 - 13:19 | 6464132 foodstampbarry
foodstampbarry's picture

God bless Donald Trump and keep Caitlyn Jenner safe.

... now please carry on with your normal day to day activities, nothing to see here.

Mon, 08/24/2015 - 13:20 | 6464135 neuronius
neuronius's picture

When the REAL crash starts, the talking heads will be pointing to today's action, "see we called a bounce, BTFD!"

Mon, 08/24/2015 - 13:20 | 6464136 Tsar Pointless
Tsar Pointless's picture

As soon as they actually allowed the markets (hahahaha!) to open today, you could see this was coming.

Otherwise, they wouldn't have opened the markets.

Isn't that obvious to everybody yet?

Mon, 08/24/2015 - 13:20 | 6464137 PoasterToaster
PoasterToaster's picture

A radio shill for the fascist state going by the name of Dave Ramsey tells everyone they are crazy if they don't put all their excess money into IRA's and other mutual fund schemes.  After a few more rounds of profit taking, how many people will realize their retirements are being robbed blind?  They didn't get it the last three times.

If you have to keep cash, might as well stuff it into a mattress.  The assholes are probably going to inflate it all away in any case, but no reason to have your shit stolen before then by "the market" or banks directly.

Mon, 08/24/2015 - 13:21 | 6464142 stant
stant's picture

Yellen past out with her finger on the buy key.

Mon, 08/24/2015 - 13:22 | 6464148 chrsn
chrsn's picture

The plunge erasure team is on the job!

Mon, 08/24/2015 - 13:22 | 6464151 devo
devo's picture

I could be wrong, but I think we'll see more selling this afternoon as day traders and momentum traders rush to cash out their 10% winnings at the casino.

Mon, 08/24/2015 - 13:23 | 6464160 recidivist
recidivist's picture

THIS HAS BEEN A TEST OF THE MARKET CRASHING SYSTEM, IF THIS HAD BEEN AN ACTUAL CRASH, THE WARNING TONES YOU JUST RECEIVED WOULD HAVE BEEN FOLLOWED BY IMPORTANT INFORMATION REGARDING SOYLENT GREEN DISTRIBUTION CENTERS AND COWER-IN-PLACE SHELTERS.  KEEP CALM AND REMEMBER, THE MARKET NEVER CRASHES WHILE MANY TRADERS ARE ON HOLIDAY.

Mon, 08/24/2015 - 13:34 | 6464227 Disc Jockey
Disc Jockey's picture

Sometimes pranks make people panic:

https://youtu.be/yUuH1g31wZg?t=4m21s

Mon, 08/24/2015 - 13:23 | 6464163 Bryan
Bryan's picture

Yet another stick-save.  It's a miracle on ice!

Mon, 08/24/2015 - 13:49 | 6464168 Deathstar
Deathstar's picture

What.. a... fucking... fraud!

PPT? I cannot believe that anyone actually still invests in the american manipulated markets anymore. But then again, my IQ is 50 points above the average.

Mon, 08/24/2015 - 13:25 | 6464169 Victor E. Overbanks
Victor E. Overbanks's picture

PUMP 8===D~ THE  (_(_.) DUMP

Mon, 08/24/2015 - 13:49 | 6464171 Deathstar
Deathstar's picture

edit

Mon, 08/24/2015 - 13:25 | 6464173 Callz d Ballz
Callz d Ballz's picture

The Fed stole ServPro's TM, "Like it never even happened"

Mon, 08/24/2015 - 13:27 | 6464183 the not so migh...
the not so mighty maximiza's picture

So interest rate increase on

Mon, 08/24/2015 - 13:28 | 6464192 1stepcloser
1stepcloser's picture

and risk turned off

Mon, 08/24/2015 - 13:37 | 6464246 Hyjinx
Hyjinx's picture

Doubtful.  They will rally the market now and then in September they will look back on this particularly volatile period and tell you that these events caused them to reconsider the rate hike as the "economy" is not "right" yet.  So sorry!  That will essentially have the effect of another QE without the QE and it is Party On! DOW 20K!

Mon, 08/24/2015 - 13:27 | 6464184 mendigo
mendigo's picture

The power of Gartman!

Fundamentals have changed since yesterday.

Mon, 08/24/2015 - 13:27 | 6464186 TeethVillage88s
TeethVillage88s's picture

"Well that un-escalated quickly..."

Niche opportunity. Monitoring stocks and jacking price back up, but FED might have monopoly on it already.

Mon, 08/24/2015 - 13:28 | 6464188 surfvin
surfvin's picture

So crasy

Mon, 08/24/2015 - 13:28 | 6464189 Phat Stax
Phat Stax's picture

Robert Prechter - a man whose name I have used in vain until I was breathless - deconstructed the Crash of '29 carefully day by day.  He said that intra-day the Dow rose after the morning's sell-off only to sell again at the end of the day. 

Mon, 08/24/2015 - 13:28 | 6464190 GeorgeHayduke
GeorgeHayduke's picture

Ah yes, the Fed doing what it does best: keeping the wealthy and comfortable, wealthy and comfortable while screwing everyone else. Nothing to see here, get back to shopping and raping the planet.

Mon, 08/24/2015 - 13:29 | 6464195 pinxcode
pinxcode's picture

This mornings V shape recovery is pure PPT intervention. All they say on FBN is traders want to see how it ends at todays close.. I hope it collapses. I cant take this joke much longer. Seems like the PPT is trying to let the air out of this farce slowly by a few hundred point loses daily. I truly believe this market does not go down 1 point without PPT approval. If they PPT can bring back a 1k point loss in seconds I assume they can handle any selling pressure..

Just sick of it, the MSM lies. How on earth can they advise people to buy now? But if you are stupid enough to listen you deserve it.

My wife said to me think of our friends who cant get their $ out of their 401k as they make it near impossible now to get your funds out. I told her in all honestly they deserve exactly what they get. If people can't see this temporary propping up of the economy is nothing more then temporary, then F them. They can fight for a greeter position at Walmart.

Mon, 08/24/2015 - 13:31 | 6464210 devo
devo's picture

Why do you care about any of it?

Mon, 08/24/2015 - 13:30 | 6464201 Obamamerica
Obamamerica's picture

Market down....

Market up....

 

Minority babies being hacked to death and harvested for profits to funnel back to the DNC.

 

Nothing changes

Mon, 08/24/2015 - 13:30 | 6464206 Jethro
Jethro's picture

Sooooo, trading futures, stocks, or anything is simply too risky to be carried out by mere people any longer? And, "fundamentals" only matter if it makes something green? Right?

Mon, 08/24/2015 - 13:31 | 6464211 AlfredNeumann
AlfredNeumann's picture

Just think how much money the govt could make with a Tobin Tax?

(tax on every trade)

Mon, 08/24/2015 - 13:31 | 6464212 thamnosma
thamnosma's picture

Green, baby, green

Mon, 08/24/2015 - 13:32 | 6464219 devo
devo's picture

It's such a resiliant market, isn't it? It's a marvel!

Mon, 08/24/2015 - 13:45 | 6464281 BizDuck
BizDuck's picture

Worth bringing up at the next Rotary Club Meeting for sure.

Mon, 08/24/2015 - 13:35 | 6464233 Greater Fool
Greater Fool's picture

Green starting to look pretty reddish in the past half hour or so.

Mon, 08/24/2015 - 13:32 | 6464221 Two Theives and...
Two Theives and a Liar's picture

Step 1: Turn off the machines to the Muppets

Step 2: Lay in the VIG

Step 3: Turn the machines back on

Step 4: Allow CNBC to trumpet the "recovery".

Step 5: Rape the Muppets AGAIN.

EASY!

Mon, 08/24/2015 - 15:01 | 6464709 I AM SULLY
I AM SULLY's picture

Buy lots of Vaseline.

Mon, 08/24/2015 - 13:34 | 6464228 Innerreptilian
Innerreptilian's picture

So many QE's, so many "Long" favorable rules, so many powerful investment bank's algos .....that the real market natural behavior is not longer working from years ago. Gentlement, we have an artificial version of a former real market

Mon, 08/24/2015 - 13:35 | 6464234 Yancey Ward
Yancey Ward's picture

I just wonder, how many poor dumb fucks had their stop-loss orders go through efficiently, and when they tried to rebuy for the bounce found their accounts inaccesible?

Mon, 08/24/2015 - 13:36 | 6464239 The Duke of New...
The Duke of New York A No.1's picture

FED rate hike in September.

Mon, 08/24/2015 - 13:37 | 6464245 jjsilver
jjsilver's picture

You're at the mercy of the Rothschild syndicate, they will suck you dry, the plebs are just cattle. Now take your vaccine like good cattle, our medical cartel needs feedstock.

Mon, 08/24/2015 - 13:38 | 6464251 Alex Kintner
Alex Kintner's picture

Dow Up 1000 Points"?!
When do the damn breakers kick in?

Mon, 08/24/2015 - 13:42 | 6464268 Hyjinx
Hyjinx's picture

Sorry, those breakers only work in one direction.

Mon, 08/24/2015 - 13:39 | 6464254 BizDuck
BizDuck's picture

This is like being sodomized in your sleep and given a pain killer, you know something bad happened but every thing is kind of foggy.

Mon, 08/24/2015 - 13:41 | 6464264 Greater Fool
Greater Fool's picture

What you call a Bill Cosby market.

Mon, 08/24/2015 - 13:39 | 6464258 Arthur Schopenhauer
Arthur Schopenhauer's picture

Its in the water, I tell ya! It's in the water!

Mon, 08/24/2015 - 13:41 | 6464262 Greater Fool
Greater Fool's picture

Look out belooooooooooooow! (again)

Mon, 08/24/2015 - 13:42 | 6464270 earleflorida
earleflorida's picture

just BTFD! period

Mon, 08/24/2015 - 13:43 | 6464275 jomama
jomama's picture

TROLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

Mon, 08/24/2015 - 13:47 | 6464291 devo
devo's picture

Guys, you know how there is a mania phase of bubbles? The mania of this bubble is not as obvious as past bubbles, and the reason is the average person is broke and not involved in this rally. So you have to look closer. This is not PPT. This is HFT and Hedgies buying the dip. The "mania" is how they're conditioned to buy the dip and buy it miliseconds before the next guy. That is a more subtle mania than we are used to, but we're not going to see a blow off top I don't think (unless we get hyperinflation). Instead the mania will be this "buy the dip one ms before the next guy" mentality, and when that ends, the mania will end, and we'll finally see a crash. As we saw today, traders clinged to headlines and bought milliseconds before the next guy, so this mania is in full swing still.

Mon, 08/24/2015 - 13:48 | 6464293 Burticus
Burticus's picture

Sheeple-shearing muppet stop-hunt?

Mon, 08/24/2015 - 13:49 | 6464298 BizDuck
BizDuck's picture

Here's a screw job. My friend could not access her online account all morning. When she called, they said "Don't worry, keep trying, your trades should post by 4pm". Now that she can get in, she took a hit from the -1,000+, but couldn't access during the bounce and recoup some of her losses.

There's a fat guy, smoking a big cigar laughing somewhere out there.

Mon, 08/24/2015 - 13:52 | 6464321 q99x2
q99x2's picture

FED software. I wonder how long they plan to hold ownership of the world's corporations. Maybe forever.

Mon, 08/24/2015 - 13:54 | 6464328 Jethro
Jethro's picture

Goal-seeked indices = "free market" communism

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