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Dow Futures Down 2500 From Highs, Crashing To 2013 Levels

Tyler Durden's picture




 

Dow futures are now well below the 16,000 level - down a stunning 2500 points from the May highs. The Dow has given up all its gain since December 2013...

 

 

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Mon, 08/24/2015 - 08:14 | 6461494 phoolish
phoolish's picture

Looks Contained

Mon, 08/24/2015 - 08:18 | 6461516 bigdumbnugly
bigdumbnugly's picture

Just saw someone named Janet carrying a gas can and looking dazed and confused.

She was asking for a match...

i dunno.

 

Mon, 08/24/2015 - 08:19 | 6461532 LoneStarHog
LoneStarHog's picture

If it was a small can she probably has Bernanke in it.

Mon, 08/24/2015 - 08:24 | 6461567 Keyser
Keyser's picture

It's the big one Elizabeth, I'm coming home!!!

https://www.youtube.com/watch?v=bwPZu9L-CP0

 

Mon, 08/24/2015 - 08:27 | 6461587 MagicHandPuppet
MagicHandPuppet's picture

Just relax e'rebody!  I'm sure they'll find a fat finger to blame and all will be well again.

Mon, 08/24/2015 - 11:47 | 6463493 OrangeJews
OrangeJews's picture

I heard Pisani say there are TONS of buyers today.  I think we're fine guys, time to BTFD!

 

/sarc.

Mon, 08/24/2015 - 08:51 | 6461717 ThirteenthFloor
ThirteenthFloor's picture

"What goes up must come down...talking 'bout your money it's a cryin' shame"

Blood Sweat and Tears

https://m.youtube.com/watch?v=Cb5EBAP6zPY

Mon, 08/24/2015 - 08:18 | 6461523 LoneStarHog
LoneStarHog's picture

Can the FED overcome the selling of futures by the Chinese, in retaliation for the Rods From God?

Mon, 08/24/2015 - 08:18 | 6461527 greenskeeper carl
greenskeeper carl's picture

Market watch cracks me up. Everytime there is a dead cat bounce they have a bunch of articles about 'the bull is not dead' then when it tanks they have a bunch of articles about 'stark warning stocks could plunge further. I'm not a trader, or a market analyst, but I could write these fucking articles if all that's required of a financial writer is to write about market moves that already happened.

Mon, 08/24/2015 - 08:14 | 6461495 Central Bankster
Central Bankster's picture

Need equity panic as cover for QE4.

Mon, 08/24/2015 - 08:20 | 6461539 the not so migh...
the not so mighty maximiza's picture

QE4 will not save us

Mon, 08/24/2015 - 08:27 | 6461586 blabam
blabam's picture

First crash... then QE4

Mon, 08/24/2015 - 08:14 | 6461496 MATA HAIRY
MATA HAIRY's picture

Sumting Wong!

Wi Tu Lo!

 

Mon, 08/24/2015 - 08:28 | 6461592 r101958
r101958's picture

MATA- too low would be Dow 2000.

Mon, 08/24/2015 - 08:15 | 6461500 russwinter
russwinter's picture

A Crash and the Neo-Feudal Master Plan:

http://winteractionables.com/?p=24280

Mon, 08/24/2015 - 08:16 | 6461510 Seasmoke
Seasmoke's picture

Until I see since Lehman. This shouldn't be a concern.

Mon, 08/24/2015 - 08:16 | 6461511 new game
new game's picture

fucken-eh...

Mon, 08/24/2015 - 08:17 | 6461515 Dr. Engali
Dr. Engali's picture

It's a good start.

Mon, 08/24/2015 - 08:23 | 6461548 clade7
clade7's picture

 

Gotta go get some beer!...gonna pour the wussie out on the curb as a tribute for all the freshly poor Chinamen!

TsingTao mutherhubbard!

Mon, 08/24/2015 - 08:17 | 6461517 saints51
saints51's picture

MUWAHAHAHAHAHAHAHAHAHA!!!!!

Everybody is just starting to read their 401k statements from Friday. Everybody moving money to what they call safety(it is not hahah).

Mon, 08/24/2015 - 08:19 | 6461520 Chuck Knoblauch
Chuck Knoblauch's picture

QE4 isn't going to help.

China not playing ball anymore.

Chinaman pissed about SDR.

Mon, 08/24/2015 - 08:19 | 6461534 Tinky
Tinky's picture

This was always the predictable problem with any claims that there would be a "coordinated" ability to keep the balls in the air for years and years.

 

Mon, 08/24/2015 - 08:27 | 6461556 Chuck Knoblauch
Chuck Knoblauch's picture

If the IMF capitulates to China now?

It might help short term.

But the balance of power moves east.

Funny that many have no idea we are at war.

Mon, 08/24/2015 - 08:32 | 6461622 r101958
r101958's picture

Chuck- Agreed. We would all do well to remember that Sun Tzu was Chinese.

Mon, 08/24/2015 - 08:24 | 6461563 phoolish
phoolish's picture

True, but it has taken 7 years for someone big enough to break ranks.

Mon, 08/24/2015 - 08:27 | 6461584 Tinky
Tinky's picture

Oh yes, I am certainly not claiming any great prescience in terms of timing. I was early to spot the tech bubble and exit the market, early to sell a condo in South Florida during the obvious housing bubble, and early to exit the markets this time around.

No regrets, though, as you know the old saying...

Mon, 08/24/2015 - 08:17 | 6461521 NDXTrader
NDXTrader's picture

Will be interesting which central planners blink first. I'm expecting Japan to announce a bit mre QE tonight

Mon, 08/24/2015 - 08:22 | 6461552 Bernoulli
Bernoulli's picture

Especially since the Nikkei is hovering around 17'760 at the moment... minus 8.5%

:-o

Mon, 08/24/2015 - 08:26 | 6461585 bigdumbnugly
bigdumbnugly's picture

well, sh*t.  ez call there.

they passed the point of no return LONG ago.

if not tonight... soon.

japan just a proxy and trial balloon launcher for the fed.

Mon, 08/24/2015 - 08:18 | 6461528 Wahooo
Wahooo's picture

Scramble the choppers and BTFD!

Mon, 08/24/2015 - 08:19 | 6461531 RazorForex
RazorForex's picture

We're oversold me thinks, reversal may be on the way!

Mon, 08/24/2015 - 08:22 | 6461550 saints51
saints51's picture

Even if markets go up right here, they are still over bought. Oversold is not correct unless you are about to become homeless. Then I understand why you are pulling for the bulls.

Mon, 08/24/2015 - 09:19 | 6461991 RazorForex
RazorForex's picture

OK, I was wrong lol, we are crashing further as I am typing this. WOW, 2008 deja vu!!

Mon, 08/24/2015 - 08:21 | 6461541 CHC
CHC's picture

No one is really surprised right?  Suck it up as you watch your 401K slide into the TOILET.

Mon, 08/24/2015 - 08:23 | 6461562 XAU XAG
XAU XAG's picture

Yea 401's to 104's

Mon, 08/24/2015 - 08:21 | 6461544 johnnymustardseed
johnnymustardseed's picture

The FED will dump TRILLIONS into the market to keep CAPITALISM from failing again

Mon, 08/24/2015 - 08:26 | 6461579 phoolish
Mon, 08/24/2015 - 08:53 | 6461766 Obama LaForge
Obama LaForge's picture

No, I think it'll be something worse: I think they're going to raise rates. Shemitah, bitches. Shemitah.

Mon, 08/24/2015 - 08:54 | 6461787 Obama LaForge
Obama LaForge's picture

And what's more, it's all crashing now IN EXPECTATION that they're going to raise rates, because they're all in on it, of course.

Mon, 08/24/2015 - 08:21 | 6461545 e_u_r_o
e_u_r_o's picture

so what? what is going to happen now? I thought corrections are healthy

Mon, 08/24/2015 - 08:22 | 6461546 firstdivision
firstdivision's picture

Word of warning, we are now at fair value according to http://www.zerohedge.com/news/2015-08-21/not-there-yet  Stay nimble my friends.

Mon, 08/24/2015 - 08:22 | 6461547 homiegot
homiegot's picture

Fucking clean it out.

Mon, 08/24/2015 - 08:22 | 6461551 The man with po...
The man with pointy horns's picture

Before we all get too excited, let's not forget the madness of the summer of 2011 and the recovery afterwards. Immediately when the S&P500 was 20% from its 2011 high it rebounded and then came Operation Twist and QE3.

Once the Fed starts QE4 watch the S&P500 match every rise to the Fed's balance sheet. Unless of course this time is different and the Fed has now become as impotent as the BOJ.

Still 20% below this year's highs then back up again.

Mon, 08/24/2015 - 08:23 | 6461553 BringOnTheAsteroid
BringOnTheAsteroid's picture

If this turns into a rout that is actually bigger than Lehman, more of a concern than the collapse of the global finance and end of civilisation is what in hell sound bite will TD suffix his headlines with.

Mon, 08/24/2015 - 08:24 | 6461569 surfer433
surfer433's picture

Popcorn futures popping.

 

 

Mon, 08/24/2015 - 08:25 | 6461573 B2u
B2u's picture

TZA! TZA! TZA!

Mon, 08/24/2015 - 08:26 | 6461580 economessed
economessed's picture

Perhaps when enough people see their retirement evaporate, they'll go back to their shed and get their pitchfork if they haven't already sold it at the yard sale.

Mon, 08/24/2015 - 08:28 | 6461595 B2u
B2u's picture

Ho Li Fuk !!!

Mon, 08/24/2015 - 08:31 | 6461615 grunk
grunk's picture

BTFCrash.

Mon, 08/24/2015 - 08:34 | 6461633 Trucker Glock
Trucker Glock's picture

Dow futures go up 100 points in the 8 minutes it took me to read this post and comments.  -649 to -547.

Mon, 08/24/2015 - 08:36 | 6461646 VW Nerd
VW Nerd's picture

Hey Jeremy Seigel, how is your Dow 20K by year end forcast working for ya?  We gonna see you on air soon with an update??

Mon, 08/24/2015 - 08:59 | 6461838 Brazen Heist
Brazen Heist's picture

Today is Bear porn day!!!

Mon, 08/24/2015 - 09:06 | 6461872 madcows
madcows's picture

Dow futures were -4.1%  then, bam, they are at 2.0%.  WTF?! now back to 3.8!

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