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The Dow Just Made the Largest Roundtrip Rollercoaster EVER
It’s not your imagination …
The U.S. stock market just took the largest roundtrip ever. Specifically, in the first 3 hours and 40 minutes of trading today, the Dow posted the largest intraday swing in history:
This came right on the heels of the largest weekly increase in volatility in history.
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Well at least the miners are holding up well. /s
Don't take my word for it, but I think the "/s" is implied when you mention "miners".
thousand pt swings
welcome to the new now...
Belguim bought 1.8 trillion dollars of stawks this afternoon
TongueStun: so you are saying that the PRC bot all that?
Or what?
'cuz BeNeLux b way more interested in hoolerz 'n' shit, don't cha' know
- Ned
That is a lot of chocolate!
Its going to be a fun last hour...so far we are dropping ...down 620 right now....
Down 638 ! ?
This is looking moar grim than this morning. Apparently it's a Humpty Dumpty Omen.
The day is not over yet... All the indices are sliding downwards again. Another 500 pt down day?
1 Ounce Silver Vienna Philharmonics €13 @ EurGold
https://www.eurgold.eu/silver/vienna-philharmonic-1oz-silver-coin-1-50-e...
well, wait a second, in relative terms is still not the worse ... just roughly half of it.
08.10.10 still has the record. buit let's see into the closee tonight ..
well, wait a second, in relative terms is still not the worse ... just roughly half of it.
08.10.10 still has the record. buit let's see into the closee tonight ..
What are a few more trillion $$, when all it takes are a few keystrokes to create them?
The fascist business model will continue to rig all markets all the time, as long as it can manufacture infinite wealth through unregulated fiat money.
The dilution effect reduces the impact of each addl trillion until eventually, they can throw infinite amounts of money and it will do zero good...
;-D
On information I received (and will NOT disclose the origin) someone just burned $16 Billion on the 'market' today, just to keep it somewhere 'not too bad'.
Does that answer any questions (and, yes, it was definitely 'insider' info). That should answer a question.
16 Billion, with a B? That is a staggering number to grasp. Its going to be a very interesting week.
Pffftt... that's chump change. We burn through that in a couple minutes on the comex.
needs a percentage column.
The wikipedia page he ripped that from didnt have that data and maff iz hard.
gw, well, do repostz adequatelly, but 2 interpret shit? don't u hold ur breath
Instability feeds instability and = growing fear.
If you ask me when those explosions went down in China it was an indicator that they may be nearing the point where they lose control. Just incase, not going to miss it for the world.
I keep seeing ..."In History" lately-- hmmmm
and I noticed that the phrase "in history" and "in jail" never seem to cross
Just remember, the future is the past that hasn't happened yet. I can hardly wait for the next'surprise' party.....
The past year, we've seen an increasing number of events tagged with Since Lehman ®.
Soon, we're going to be seeing more events tagged with Since Ever ®.
See all those round trips in 2008? Each one blew up shorts and inverse ETFs. Today is no recovery. It's more of the same. They intend to harvest your shorts all the way down.
They cannot maintain this market, but they can still punish and impoverish their enemies.
However there will not be any March 2009 turnaround this time. This market will ultimately settle at a much lower plateau.
Much, much lower.
can we punish and impoversh our enemies?
Please?
Some column titles would be nice.
I figured it out, but FFS, is it that hard to add a column title GW?
Edit. I see you just did a copy paste from wikipedia.
Double FFS.
Great way to miss the point. An increasing trend of ZH commenters who get everything for free here. Moan and groan about trivia but miss the total point of the subject presented. I think ZH have been spoiling us too much, makes us petulent spoiled brats
"...I think ZH have been spoiling us too much, makes us petulent spoiled brats..."
I think a good anal raping would turn you back into men.
"I think a good anal raping would turn you back into men."
Haa, you've obviously never seen deliverance. It would make today's "brats" squeel like little girls, or pigs...Either way, the opposite of men! That is the modern dilima, men no longer understand, dicks are for chics!
GW b a lazy ass in its grammaz' basement, don't cha know.
- Ned
And of course ZH attracts low class MSM trolls such as this.
And swans with no sense of humor.
Ok how much is this day going to cost? You know so I can raise all my prices to keep up. Inflation adjustments are a pain in the ars to figure out. Some of us make our money the old fashion way. We earn it. By this wierd thing called work. Thats where you actually get up and do stuff that people pay for. So how much do I increase my prices today. 3% compouded what every month or weekly?
Really?
Shadowstats says ~8% year to year. ;)
It is simple... John Galt time....
Sad but true. I told my wife yesterday, we're not there yet, but the day is fast approaching when we will have to quit our jobs, refuse to participate in this sham, and hunker down with our beans, bullets and band-aids.
The ship is sinking. When the bow begins to tip, Let the Captain of the ship go down with his ship ALONE!
The day I drop out of this rat race and my only worry is food and shelter will be a glorious day IMHO!